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

IN

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.337%+$34 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance INUSDT0.036760.0100pay 0.0050% / 4h2h 43m$2.2M$6.5M25x
ShortGate IN_USDT0.036800.0194get 0.0097% / 4h2h 43m$263K$431K50x

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
$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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago2.66 bp40.1 bp −$40286.6 bp −$2,866doesn't fitdoesn't fit
Sell Gate live order book, 63 min ago6.50 bp163.4 bp −$163doesn't fitdoesn't fitdoesn't fit

IN on 9 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
Aster INUSDT+0.0100%4h0.03675−0.033%$133K$20K5xas long as short
Binance INUSDTlong+0.0100%4h0.03676long leg$2.2M$6.5M25x
Bybit INUSDT+0.0100%4h0.03678+0.054%$887K$1.1M20xas long as short
MEXC IN_USDT+0.0100%4h0.03675−0.027%$342K$137K20xas long as short
KuCoin INUSDTM+0.0100%4h0.03686+0.272%$317K$149K30xas long as short
Bitget INUSDT+0.0100%4h0.03687+0.299%$952K$955K25xas long as short
BingX IN-USDT+0.0100%4h0.03677+0.027%$2.3Mas long as short
Variational Omni IN+0.0100%4h0.03701+0.690%$3K$1Kas long as short
Gate IN_USDTshort+0.0194%4h0.03680+0.109%$263K$431K50x