Funding arb · Price arb /

POWER

all POWER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against Binance+0.254%7-day average +0.176% · you sell dearer than you buy

Net, funding: paid 7d − costs−$478as in the Funding arb table

Net, price: spread back to 7d avg − costs−$503as in the Price arb table

costs, in and out, $10k−$5115.110% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.332%+$33 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.254%, 7d avg +0.176%

Together, before fees+0.345%+$34 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.078% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.176%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance POWERUSDT	0.1218	0.0100	pay 0.0050% / 4h	2h 32m	$3.6M	$5.6M	20x
Short	Gate POWER_USDT	0.1221	0.0100	get 0.0100% / 8h	2h 32m	$230K	$111K	20x

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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now +0.254%Rate

Funding earned: $0
Price spread: +0.254% → +0.176%: $7.82
Slippage, 4 orders: −$486.01
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$503.2
Costs to cover: 5.110%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; Gate: live order book, 9 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, 6 min ago	3.29 bp	42.1 bp −$42	386.7 bp −$3,867	doesn't fit	doesn't fit
Sell Gate live order book, 9 min ago	5.73 bp	288.4 bp −$288	doesn't fit	doesn't fit	doesn't fit

POWER 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
BloFin POWER-USDT	+0.0099%	4h	0.1219	+0.090%	$212K	$130K	20x	as long as short
Aster POWERUSDT	+0.0100%	4h	0.1220	+0.156%	$23K	$25K	5x	as long as short
Binance POWERUSDTlong	+0.0100%	4h	0.1218	long leg	$3.6M	$5.6M	20x
Bybit POWERUSDT	+0.0100%	4h	0.1219	+0.090%	$2.0M	$1.5M	20x	as long as short
Gate POWER_USDTshort	+0.0100%	8h	0.1221	+0.254%	$230K	$111K	20x
MEXC POWER_USDT	+0.0100%	4h	0.1218	+0.049%	$14.1M	$437K	20x	as long as short
KuCoin POWERUSDTM	+0.0100%	4h	0.1217	−0.050%	$2.4M	$15.1M	20x	as long as short
Bitget POWERUSDT	+0.0100%	4h	0.1220	+0.172%	$3.3M	$508K	20x	as long as short
BingX POWER-USDT	+0.0100%	4h	0.1221	+0.254%	—	$1.4M	—	as long as short
Variational Omni POWER	+0.0100%	4h	0.1216	−0.156%	$18K	$3K	—	as long as short