Funding you earn now, next payment 04:00 UTC−0.0424%/8h= −46.4% APRnext payment −$2.12 per $10,000 · paid last 24h −0.150%
Price spread now: Gate against Binance−0.302%7-day average −0.173% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.292%−$29 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.302%, 7d avg −0.173%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Gate is 0.129% cheaper against Binance than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.173%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.292% in total (about -15.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.12 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 | Binance NAORISUSDT | 0.03738 | 0.0524 | pay 0.0262% / 4h | 52m 53s | $5.0M | $1.3M | 10x |
| Short | Gate NAORIS_USDT | 0.03727 | 0.0100 | get 0.0050% / 4h | 52m 53s | $290K | $14K | 20x |
Binance NAORISUSDT
Gate NAORIS_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
- −$89.07
- Price spread: −0.302% → −0.173%
- −$12.88
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$126.95
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 15 min ago; Gate: live order book, 64 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 Binance live order book, 15 min ago | 4.03 bp | 51.4 bp −$51 | 484.9 bp −$4,849 | doesn't fit | doesn't fit |
| Sell Gate live order book, 64 min ago | 32.27 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
NAORIS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NAORISUSDT | +0.0100% | 4h | 0.03723 | −0.409% | $1.1M | $486K | 20x | as long as short |
| Gate NAORIS_USDTshort | +0.0100% | 4h | 0.03727 | −0.302% | $290K | $14K | 20x | |
| KuCoin NAORISUSDTM | +0.0100% | 4h | 0.03725 | −0.355% | $439K | $28K | 10x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03727 | −0.302% | $3.3M | $238K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03724 | −0.385% | $76K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0333% | 4h | 0.03726 | −0.338% | $5K | $5K | 5x | as long as short |
| BloFin NAORIS-USDT | +0.0466% | 4h | 0.03736 | −0.061% | $289K | $10K | 10x | as long as short |
| BingX NAORIS-USDT | +0.0499% | 4h | 0.03728 | −0.275% | — | $1.3M | — | as long as short |
| MEXC NAORIS_USDT | +0.0524% | 4h | 0.03735 | −0.088% | $4.3M | $216K | 100x | as long as short |
| Binance NAORISUSDTlong | +0.0524% | 4h | 0.03738 | long leg | $5.0M | $1.3M | 10x |
Bybit NAORISUSDT
KuCoin NAORISUSDTM
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
BloFin NAORIS-USDT
BingX NAORIS-USDT
MEXC NAORIS_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NAORIS-USD | +0.0528% | 1h | 0.03737 | −0.035% | $2K | $94K | 5x | as long as short |
Extended NAORIS-USD