Funding you earn now, next payment 08:00 UTC+0.0478%/8h= +52.4% APRnext payment +$2.39 per $10,000 · paid last 24h +0.095%
Price spread now: Gate against Binance+0.109%7-day average +0.139% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.592%+$59 on $10k
+Price spread, last 4 days (all we have)+0.172%+$17 · spread now +0.109%, 7d avg +0.139%
=Funding pays, the price is against you. Gate is 0.030% cheaper against Binance than usual: you would sell low and buy high (spread +0.109% now, against its 7-day average of +0.139%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$14 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PLAYUSDT | 0.02827 | 0.0576 | pay 0.0288% / 4h | 2h 00m | $4.5M | $10.2M | 10x |
| Short | Gate PLAY_USDT | 0.02830 | 0.1054 | get 0.0527% / 4h | 2h 00m | $474K | $574K | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $100.41
- Price spread: +0.109% → +0.139%
- −$3.01
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $72.4
- Costs to cover
- 0.250%
- Break-even
- 2.0 days
Slippage unknown: Binance: live order book, 9 min ago; Gate: live order book, 46 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, 9 min ago | 3.56 bp | 58.0 bp −$58 | 455.5 bp −$4,555 | doesn't fit | doesn't fit |
| Sell Gate live order book, 46 min ago | 7.10 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
PLAY on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PLAYUSDT | +0.0100% | 4h | 0.02826 | −0.047% | $1.8M | $1.0M | 5x | as long as short |
| MEXC PLAY_USDT | +0.0574% | 4h | 0.02826 | −0.032% | $7.8M | $576K | 20x | as long as short |
| Binance PLAYUSDTlong | +0.0576% | 4h | 0.02827 | long leg | $4.5M | $10.2M | 10x | |
| Extended PLAY-USD | +0.0576% | 1h | 0.02825 | −0.061% | $4K | $205K | 5x | as long as short |
| Gate PLAY_USDTshort | +0.1054% | 4h | 0.02830 | +0.109% | $474K | $574K | 10x |
Binance PLAYUSDT
Gate PLAY_USDT
Aster PLAYUSDT
MEXC PLAY_USDT
Extended PLAY-USD