Funding you earn now, next payment 12:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.30 per $10,000 · paid last 24h −0.068%
Price spread now: Gate against Binance−0.169%7-day average −0.195% · you buy dearer than you sell
Net, funding: paid 7d − costs−$404as in the Funding arb table
Net, price: spread back to 7d avg − costs−$376as in the Price arb table
costs, in and out, $10k−$3783.782% of the position
Funding, last 7 days−0.258%−$26 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now −0.169%, 7d avg −0.195%
=The price spread pays, funding is against you. Gate is 0.026% dearer against Binance than usual: you sell high and buy low (spread −0.169% now, against its 7-day average of −0.195%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.258% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance JELLYJELLYUSDT | 0.05670 | 0.0160 | pay 0.0080% / 4h | 3h 12m | $4.4M | $1.7M | 25x |
| Short | Gate JELLYJELLY_USDT | 0.05660 | 0.0100 | get 0.0050% / 4h | 3h 12m | $2.4M | $127K | 20x |
Binance JELLYJELLYUSDT
Gate JELLYJELLY_USDTFunding 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
- −$12.67
- Price spread: −0.169% → −0.195%
- $2.61
- Slippage, 4 orders
- −$353.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$388.29
- Costs to cover
- 3.782%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Gate: live order book, 1 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 | 4.43 bp | 45.3 bp −$45 | 381.0 bp −$3,810 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 10.61 bp | 132.6 bp −$133 | doesn't fit | doesn't fit | doesn't fit |
JELLYJELLY 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin JELLYJELLY-USDT | +0.0089% | 4h | 0.05655 | −0.257% | $268K | $19K | 20x | as long as short |
| Bybit JELLYJELLYUSDT | +0.0100% | 4h | 0.05664 | −0.098% | $2.4M | $1.0M | 20x | as long as short |
| OKX JELLYJELLY-USDT-SWAP | +0.0100% | 4h | 0.05658 | −0.204% | $1.3M | $435K | 10x | as long as short |
| Gate JELLYJELLY_USDTshort | +0.0100% | 4h | 0.05660 | −0.169% | $2.4M | $127K | 20x | |
| MEXC JELLYJELLY_USDT | +0.0130% | 4h | 0.05669 | −0.010% | $431K | $149K | 20x | as long as short |
| Extended JELLYJELLY-USD | +0.0160% | 1h | 0.05667 | −0.040% | $2K | $240K | 5x | as long as short |
| Binance JELLYJELLYUSDTlong | +0.0160% | 4h | 0.05670 | long leg | $4.4M | $1.7M | 25x | |
| Aster JELLYJELLYUSDT | +0.0221% | 4h | 0.05647 | −0.391% | $36K | $12K | 5x | as long as short |
| KuCoin JELLYJELLYUSDTM | +0.0622% | 4h | 0.05660 | −0.162% | $8.2M | $1.2M | 20x | as long as short |
BloFin JELLYJELLY-USDT
Bybit JELLYJELLYUSDT
OKX JELLYJELLY-USDT-SWAP
MEXC JELLYJELLY_USDT
Extended JELLYJELLY-USD
Aster JELLYJELLYUSDT
KuCoin JELLYJELLYUSDTM