Funding you earn now, next payment 04:00 UTC−0.0267%/8h= −29.2% APRnext payment −$1.33 per $10,000 · paid last 24h −0.047%
Price spread now: Gate against Binance+0.071%7-day average −0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$586as in the Funding arb table
Net, price: spread back to 7d avg − costs−$524as in the Price arb table
costs, in and out, $10k−$5415.412% of the position
Funding, last 7 days−0.450%−$45 on $10k
+Price spread, last 7 days−0.267%−$27 · spread now +0.071%, 7d avg −0.103%
=The price spread pays, funding is against you. Gate is 0.174% dearer against Binance than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of −0.103%): +$17 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance OUSDT | 0.5609 | 0.0367 | pay 0.0183% / 4h | 2h 33m | $4.8M | $1.9M | 10x |
| Short | Gate O_USDT | 0.5613 | 0.0100 | get 0.0050% / 4h | 2h 33m | $1.5M | $485K | 20x |
Binance OUSDT
Gate O_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
- −$55.99
- Price spread: +0.071% → −0.103%
- $17.45
- Slippage, 4 orders
- −$516.2
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$579.74
- Costs to cover
- 5.412%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago | 6.24 bp | 35.6 bp −$36 | 413.3 bp −$4,133 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 15.15 bp | 241.7 bp −$242 | doesn't fit | doesn't fit | doesn't fit |
O 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate O_USDTshort | +0.0100% | 4h | 0.5613 | +0.071% | $1.5M | $485K | 20x | |
| KuCoin OUSDTM | +0.0100% | 4h | 0.5617 | +0.143% | $1.3M | $758K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5609 | 0.000% | $1.6M | $295K | 10x | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5615 | +0.109% | $3K | $535 | — | as long as short |
| Aster OUSDT | +0.0254% | 4h | 0.5620 | +0.196% | $23K | $46K | 3x | as long as short |
| Bybit OUSDT | +0.0283% | 4h | 0.5614 | +0.089% | $715K | $907K | 20x | as long as short |
| Binance OUSDTlong | +0.0367% | 4h | 0.5609 | long leg | $4.8M | $1.9M | 10x | |
| OKX O-USDT-SWAP | +0.0400% | 4h | 0.5610 | +0.018% | $1.5M | $1.1M | 10x | as long as short |
| MEXC O_USDT | +0.0426% | 4h | 0.5609 | 0.000% | $969K | $176K | 50x | as long as short |
| BingX O-USDT | +0.0626% | 4h | 0.5608 | −0.018% | — | $1.6M | — | as long as short |
KuCoin OUSDTM
Bitget OUSDT
Variational Omni O
Aster OUSDT
Bybit OUSDT
OKX O-USDT-SWAP
MEXC O_USDT
BingX O-USDT