Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Gate−0.009%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate INIT_USDT | 0.08249 | 0.0100 | pay 0.0100% / 8h | 5h 47m | $84K | $55K | 25x |
| Short | Binance INITUSDT | 0.08248 | 0.0100 | get 0.0050% / 4h | 1h 47m | $3.4M | $3.7M | 25x |
Gate INIT_USDT
Binance INITUSDTFunding 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
- $0
- Price spread: −0.009% → 0.000%
- −$0.9
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$25.9
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Binance: live order book, 4 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 0.60 bp | 36.9 bp −$37 | 99.2 bp −$992 | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
INIT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin INIT-USDT | +0.0069% | 4h | 0.08242 | −0.085% | — | $111K | 25x | as long as short |
| Hyperliquid INIT | +0.0100% | 1h | 0.08250 | +0.016% | $300K | $230K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08277 | +0.339% | $27K | $39K | 5x | as long as short |
| Binance INITUSDTshort | +0.0100% | 4h | 0.08248 | −0.009% | $3.4M | $3.7M | 25x | |
| Bybit INITUSDT | +0.0100% | 4h | 0.08240 | −0.109% | $1.4M | $1.5M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08251 | +0.024% | $137K | $665K | 10x | as long as short |
| Gate INIT_USDTlong | +0.0100% | 8h | 0.08249 | long leg | $84K | $55K | 25x | |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08248 | −0.012% | $447K | $210K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08250 | +0.012% | $327K | $54K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08253 | +0.048% | $428K | $312K | 25x | as long as short |
BloFin INIT-USDT
Hyperliquid INIT
Aster INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
MEXC INIT_USDT
KuCoin INITUSDTM
Bitget INITUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX INIT-USDT | +0.0100% | 4h | 0.08246 | −0.036% | — | $6.6M | — | as long as short |
| Variational Omni INIT | +0.0100% | 4h | 0.08280 | +0.380% | $26K | $23K | — | as long as short |
| Kraken Futures PF_INITUSD | +0.0242% | 1h | 0.08199 | −0.603% | $3K | $19K | 10x | as long as short |
BingX INIT-USDT
Variational Omni INIT
Kraken Futures PF_INITUSD