Funding you earn now, next payment 04:00 UTC−0.1091%/8h= −119.5% APRnext payment −$5.46 per $10,000 · paid last 24h −0.151%
Price spread now: Binance against Gate−0.134%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1061.058% of the position
Funding, last 7 days−0.430%−$43 on $10k
+Price spread, last 7 days+0.112%+$11 · spread now −0.134%, 7d avg −0.106%
=Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Binance is 0.028% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.106%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.430% in total (about -22.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MUBARAK_USDT | 0.04477 | 0.1234 | pay 0.0617% / 4h | 2h 32m | $7.1M | $5.3M | 50x |
| Short | Binance MUBARAKUSDT | 0.04471 | 0.0143 | get 0.0071% / 4h | 2h 32m | $16.3M | $89.2M | 25x |
Gate MUBARAK_USDT
Binance MUBARAKUSDTFunding 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
- −$229.21
- Price spread: −0.134% → −0.106%
- −$2.81
- Slippage, 4 orders
- −$80.79
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$337.81
- Costs to cover
- 1.058%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 11 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, 1 min ago | 7.83 bp | 32.6 bp −$33 | 526.0 bp −$5,260 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.12 bp | 16.3 bp −$16 | 68.4 bp −$684 | doesn't fit | doesn't fit |
MUBARAK on 11 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_MUBARAKUSD | −0.0451% | 1h | 0.04452 | −0.566% | $63K | $425K | 10x | as long as short |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04478 | +0.011% | $2.7M | $55.7M | 20x | as long as short |
| Bitget MUBARAKUSDT | +0.0100% | 4h | 0.04478 | +0.022% | $2.8M | $7.3M | 25x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04464 | −0.286% | $14K | $51K | — | as long as short |
| MEXC MUBARAK_USDT | +0.0142% | 4h | 0.04472 | −0.112% | $881K | $1.5M | 50x | as long as short |
| Binance MUBARAKUSDTshort | +0.0143% | 4h | 0.04471 | −0.134% | $16.3M | $89.2M | 25x | |
| BingX MUBARAK-USDT | +0.0288% | 4h | 0.04475 | −0.045% | — | $3.1M | — | as long as short |
| Aster MUBARAKUSDT | +0.0299% | 4h | 0.04463 | −0.311% | $22K | $400K | 5x | as long as short |
| Bybit MUBARAKUSDT | +0.0318% | 4h | 0.04478 | +0.011% | $3.4M | $10.9M | 25x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0552% | 4h | 0.04468 | −0.201% | $1.6M | $1.1M | 30x | as long as short |
Kraken Futures PF_MUBARAKUSD
OKX MUBARAK-USDT-SWAP
Bitget MUBARAKUSDT
Variational Omni MUBARAK
MEXC MUBARAK_USDT
BingX MUBARAK-USDT
Aster MUBARAKUSDT
Bybit MUBARAKUSDT
KuCoin MUBARAKUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDTlong | +0.1234% | 4h | 0.04477 | long leg | $7.1M | $5.3M | 50x |