Funding you earn now, next payment 04:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.37 per $10,000 · paid last 24h +0.020%
Price spread now: Binance against Gate+0.428%7-day average +0.316% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,794as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,790as in the Price arb table
costs, in and out, $10k−$2,80128.014% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)−0.199%−$20 · spread now +0.428%, 7d avg +0.316%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.112% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.316%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IDOL_USDT | 0.01169 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $552K | $24K | 10x |
| Short | Binance IDOLUSDT | 0.01174 | 0.0174 | get 0.0087% / 4h | 2h 55m | $5.9M | $1.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $15.54
- Price spread: +0.428% → +0.316%
- $11.18
- Slippage, 4 orders
- −$2,776.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$2,774.64
- Costs to cover
- 28.014%
- Break-even
- 1256.5 days
Slippage from Gate: live order book, 11 min ago; Binance: live order book, 13 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 11 min ago | 15.24 bp | 1240.8 bp −$1,241 | 11720.9 bp −$117.2K | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 4.21 bp | 54.7 bp −$55 | 245.7 bp −$2,457 | doesn't fit | doesn't fit |
IDOL on 8 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate IDOL_USDTlong | +0.0100% | 4h | 0.01169 | long leg | $552K | $24K | 10x | |
| KuCoin IDOLUSDTM | +0.0100% | 4h | 0.01174 | +0.428% | $699K | $21K | 25x | as long as short |
| Bitget IDOLUSDT | +0.0100% | 4h | 0.01170 | +0.086% | $2.5M | $100K | 10x | as long as short |
| Variational Omni IDOL | +0.0100% | 4h | 0.01174 | +0.455% | $2K | $1 | — | as long as short |
| Aster IDOLUSDT | +0.0127% | 4h | 0.01170 | +0.109% | $134K | $3K | 5x | as long as short |
| Binance IDOLUSDTshort | +0.0174% | 4h | 0.01174 | +0.428% | $5.9M | $1.3M | 25x | |
| MEXC IDOL_USDT | +0.0180% | 4h | 0.01174 | +0.428% | $87K | $84K | 50x | as long as short |
| BingX IDOL-USDT | +0.0183% | 4h | 0.01174 | +0.428% | — | $2.3M | — | as long as short |
Gate IDOL_USDT
Binance IDOLUSDT
KuCoin IDOLUSDTM
Bitget IDOLUSDT
Variational Omni IDOL
Aster IDOLUSDT
MEXC IDOL_USDT
BingX IDOL-USDT