Funding you earn now, next payment 08:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.47 per $10,000 · paid last 24h −0.006%
Price spread now: Gate against Binance+0.109%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$358as in the Funding arb table
Net, price: spread back to 7d avg − costs−$385as in the Price arb table
costs, in and out, $10k−$3943.938% of the position
Funding, last 7 days+0.355%+$36 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.109%, 7d avg +0.016%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.093% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance INUSDT | 0.03676 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $2.2M | $6.5M | 25x |
| Short | Gate IN_USDT | 0.03680 | 0.0194 | get 0.0097% / 4h | 2h 43m | $263K | $431K | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $19.74
- Price spread: +0.109% → +0.016%
- $9.32
- Slippage, 4 orders
- −$368.83
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$364.77
- Costs to cover
- 3.938%
- Break-even
- 136.4 days
Slippage from Binance: live order book, 10 min ago; Gate: live order book, 63 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 Binance live order book, 10 min ago | 2.66 bp | 40.1 bp −$40 | 286.6 bp −$2,866 | doesn't fit | doesn't fit |
| Sell Gate live order book, 63 min ago | 6.50 bp | 163.4 bp −$163 | doesn't fit | doesn't fit | doesn't fit |
IN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster INUSDT | +0.0100% | 4h | 0.03675 | −0.033% | $133K | $20K | 5x | as long as short |
| Binance INUSDTlong | +0.0100% | 4h | 0.03676 | long leg | $2.2M | $6.5M | 25x | |
| Bybit INUSDT | +0.0100% | 4h | 0.03678 | +0.054% | $887K | $1.1M | 20x | as long as short |
| MEXC IN_USDT | +0.0100% | 4h | 0.03675 | −0.027% | $342K | $137K | 20x | as long as short |
| KuCoin INUSDTM | +0.0100% | 4h | 0.03686 | +0.272% | $317K | $149K | 30x | as long as short |
| Bitget INUSDT | +0.0100% | 4h | 0.03687 | +0.299% | $952K | $955K | 25x | as long as short |
| BingX IN-USDT | +0.0100% | 4h | 0.03677 | +0.027% | — | $2.3M | — | as long as short |
| Variational Omni IN | +0.0100% | 4h | 0.03701 | +0.690% | $3K | $1K | — | as long as short |
| Gate IN_USDTshort | +0.0194% | 4h | 0.03680 | +0.109% | $263K | $431K | 50x |
Binance INUSDT
Gate IN_USDT
Aster INUSDT
Bybit INUSDT
MEXC IN_USDT
KuCoin INUSDTM
Bitget INUSDT
BingX IN-USDT
Variational Omni IN