Settings8H · net · $10k
Funding arb · Price arb /

ID

all ID markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.060%
Price spread now: Gate against Binance−0.148%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1381.380% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.135%+$14 on $10k
Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.148%, 7d avg +0.006%
Together, before fees+0.137%+$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.154% cheaper against Binance than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance IDUSDT0.037790.0100pay 0.0050% / 4h1h 45m$2.4M$3.7M50x
ShortGate ID_USDT0.037730.0100get 0.0050% / 4h1h 45m$249K$241K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.148% → +0.006%
−$15.42
Slippage, 4 orders
−$113.01
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$153.43
Costs to cover
1.380%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; Gate: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 6 min ago2.64 bp20.3 bp −$2091.3 bp −$913doesn't fitdoesn't fit
Sell Gate live order book, 11 min ago3.95 bp42.3 bp −$42doesn't fitdoesn't fitdoesn't fit

ID on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ID-USDT+0.0044%4h0.03779+0.010%$13K50xas long as short
Aster IDUSDT+0.0100%4h0.03767−0.297%$9K$1475xas long as short
Binance IDUSDTlong+0.0100%4h0.03779long leg$2.4M$3.7M50x
Bybit IDUSDT+0.0100%8h0.03782+0.090%$1.4M$1.1M25xas long as short
Gate ID_USDTshort+0.0100%4h0.03773−0.148%$249K$241K25x
MEXC ID_USDT+0.0100%4h0.03775−0.096%$411K$187K20xas long as short
KuCoin IDUSDTM+0.0100%4h0.03772−0.175%$1.1M$65K30xas long as short
Bitget IDUSDT+0.0100%4h0.03780+0.037%$803K$634K50xas long as short
BingX ID-USDT+0.0100%4h0.03775−0.096%$2.3Mas long as short
Variational Omni ID+0.0100%8h0.03773−0.139%$12K$20Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IDUSD+0.0627%1h0.03784+0.149%$4K$2K10xas long as short