Funding you earn now, next payment 00:00 UTC+0.0118%/8h= +12.9% APRnext payment +$0.59 per $10,000 · paid last 24h +0.137%
Price spread now: Gate against Binance+0.204%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$2102.098% of the position
Funding, last 7 days+0.259%+$26 on $10k
+Price spread, last 4 days (all we have)−0.345%−$34 · spread now +0.204%, 7d avg +0.082%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.122% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance PROMPTUSDT | 0.02103 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $1.1M | $1.2M | 40x |
| Short | Gate PROMPT_USDT | 0.02107 | 0.0218 | get 0.0109% / 4h | 2h 39m | $515K | $62K | 20x |
Binance PROMPTUSDT
Gate PROMPT_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
- $24.78
- Price spread: +0.204% → +0.082%
- $12.23
- Slippage, 4 orders
- −$184.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$172.83
- Costs to cover
- 2.098%
- Break-even
- 55.8 days
Slippage from Binance: live order book, 8 min ago; Gate: live order book, 46 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, 8 min ago | 2.37 bp | 32.3 bp −$32 | 171.0 bp −$1,710 | doesn't fit | doesn't fit |
| Sell Gate live order book, 46 min ago | 7.06 bp | 51.5 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
PROMPT on 9 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 PROMPTUSDT | +0.0100% | 4h | 0.02111 | +0.376% | $3K | $150 | 5x | as long as short |
| Binance PROMPTUSDTlong | +0.0100% | 4h | 0.02103 | long leg | $1.1M | $1.2M | 40x | |
| Bybit PROMPTUSDT | +0.0100% | 4h | 0.02104 | +0.061% | $317K | $140K | 5x | as long as short |
| MEXC PROMPT_USDT | +0.0100% | 4h | 0.02104 | +0.061% | $97K | $93K | 20x | as long as short |
| KuCoin PROMPTUSDTM | +0.0100% | 4h | 0.02113 | +0.489% | $78K | $70K | 30x | as long as short |
| BingX PROMPT-USDT | +0.0100% | 4h | 0.02104 | +0.061% | — | $6.5M | — | as long as short |
| Variational Omni PROMPT | +0.0100% | 4h | 0.02113 | +0.490% | $3K | $1K | — | as long as short |
| Gate PROMPT_USDTshort | +0.0218% | 4h | 0.02107 | +0.204% | $515K | $62K | 20x | |
| Kraken Futures PF_PROMPTUSD | +3.9734% | 1h | 0.02121 | +0.884% | $2K | $3K | 10x | as long as short |
Aster PROMPTUSDT
Bybit PROMPTUSDT
MEXC PROMPT_USDT
KuCoin PROMPTUSDTM
BingX PROMPT-USDT
Variational Omni PROMPT
Kraken Futures PF_PROMPTUSD