Funding you earn now, next payment 01:00 UTC−0.0615%/8h= −67.4% APRnext payment −$0.77 per $10,000 · paid last 24h −0.098%
Price spread now: Binance against Gate−0.185%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1521.525% of the position
Funding, last 7 days−1.172%−$117 on $10k
+Price spread, last 7 days+0.070%+$7 · spread now −0.185%, 7d avg −0.060%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Binance is 0.125% cheaper against Gate than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LSK_USDT | 0.3668 | −0.0648 | get 0.0081% / 1h | 44m 25s | $1.5M | $2.7M | 20x |
| Short | Binance LSKUSDT | 0.3661 | −0.1263 | pay 0.0158% / 1h | 44m 25s | $15.7M | $96.2M | 50x |
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
- −$129.19
- Price spread: −0.185% → −0.060%
- −$12.5
- Slippage, 4 orders
- −$127.46
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$294.16
- Costs to cover
- 1.525%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 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, 3 min ago | 2.74 bp | 67.3 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.14 bp | 12.9 bp −$13 | 70.4 bp −$704 | doesn't fit | doesn't fit |
LSK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_LSKUSD | −0.1378% | 1h | 0.3669 | +0.016% | $120K | $219K | 10x | as long as short |
| MEXC LSK_USDT | −0.1264% | 1h | 0.3660 | −0.224% | $8.4M | $2.5M | 20x | as long as short |
| Binance LSKUSDTshort | −0.1263% | 1h | 0.3661 | −0.185% | $15.7M | $96.2M | 50x | |
| Aster LSKUSDT | −0.1164% | 1h | 0.3671 | +0.074% | $64K | $119K | 5x | as long as short |
| Gate LSK_USDTlong | −0.0648% | 1h | 0.3668 | long leg | $1.5M | $2.7M | 20x | |
| Bybit LSKUSDT | +0.0100% | 1h | 0.3667 | −0.038% | $10.2M | $20.2M | 25x | as long as short |
| Variational Omni LSK | +0.0100% | 1h | 0.3666 | −0.041% | $29K | $218K | — | as long as short |
| HTX LSK-USDT | +0.0100% | 1h | 0.3682 | +0.376% | $63K | $284K | 20x | as long as short |
| Bitget LSKUSDT | +0.0104% | 1h | 0.3665 | −0.082% | $2.8M | $9.0M | 50x | as long as short |
| BingX LSK-USDT | +0.0224% | 1h | 0.3664 | −0.109% | — | $3.0M | — | as long as short |
Gate LSK_USDT
Binance LSKUSDT
Kraken Futures PF_LSKUSD
MEXC LSK_USDT
Aster LSKUSDT
Bybit LSKUSDT
Variational Omni LSK
HTX LSK-USDT
Bitget LSKUSDT
BingX LSK-USDT