Settings8H · net · $10k
Funding arb · Price arb /

ONE

all ONE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1607%/8h= +175.9% APRpaid last 24h −0.676%
Price spread now: Gate against Binance+0.037%7-day average −2.884% · you sell dearer than you buy
Net, funding: paid 7d − costs+$241as in the Funding arb table
Net, price: spread back to 7d avg − costs−$293as in the Price arb table
costs, in and out, $10k−$5855.851% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+8.259%+$826 on $10k
Price spread, last 7 days−0.875%−$88 · spread now +0.037%, 7d avg −2.884%
Together, before fees+7.384%+$738 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and Gate is 2.921% dearer against Binance than usual: you sell high and buy low: +$292 more if the spread goes back to its 7-day average of −2.884%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ONEUSDT0.004374−0.1834get 0.0229% / 1h57m 00s$14.6M$358.4M50x
ShortGate ONE_USDT0.004376−0.0227pay 0.0227% / 8h1h 57m$1.8M$16.4M20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$337.39
Price spread: +0.037% → −2.884%
$292.1
Slippage, 4 orders
−$560.06
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$44.42
Costs to cover
5.851%
Break-even
6.1 days
Slippage from Binance: live order book, 2 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago1.04 bp17.2 bp −$1785.1 bp −$851doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago8.08 bp327.5 bp −$327doesn't fitdoesn't fitdoesn't fit

ONE on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ONEUSDTM−8.8504%1h0.005124+17.136%$6.1M$12.1M30xas long as short
Variational Omni ONE−1.6275%1h0.004286−2.014%$106K$54Kas long as short
Bitget ONEUSDT−0.3864%1h0.004380+0.135%$1.8M$37.4M20xas long as short
BloFin ONE-USDT−0.2794%1h0.004353−0.498%$851K$3.4M50xas long as short
Aster ONEUSDT−0.1886%1h0.004348−0.611%$2.3M$8.5M5xas long as short
Binance ONEUSDTlong−0.1834%1h0.004374long leg$14.6M$358.4M50x
MEXC ONE_USDT−0.1824%1h0.004369−0.128%$10.9M$16.5M20xas long as short
Gate ONE_USDTshort−0.0227%8h0.004376+0.037%$1.8M$16.4M20x
BingX ONE-USDT−0.0152%1h0.004373−0.023%$6.5Mas long as short