Funding you earn now, next payment 04:00 UTC−0.0568%/8h= −62.2% APRnext payment −$2.84 per $10,000 · paid last 24h −0.232%
Price spread now: Binance against Gate+0.125%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1611.606% of the position
Funding, last 7 days−0.892%−$89 on $10k
+Price spread, last 7 days−0.135%−$13 · spread now +0.125%, 7d avg −0.010%
=The price spread pays, funding is against you. Binance is 0.136% dearer against Gate than usual: you sell high and buy low (spread +0.125% now, against its 7-day average of −0.010%): +$14 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PTB_USDT | 0.001143 | 0.0750 | pay 0.0375% / 4h | 1h 19m | $1.9M | $6.3M | 25x |
| Short | Binance PTBUSDT | 0.001145 | 0.0182 | get 0.0091% / 4h | 1h 19m | $8.2M | $157.5M | 20x |
Gate PTB_USDT
Binance PTBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$119.27
- Price spread: +0.125% → −0.010%
- $13.56
- Slippage, 4 orders
- −$135.62
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$266.34
- Costs to cover
- 1.606%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Binance: 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 Gate live order book, 4 min ago | 11.03 bp | 50.0 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.67 bp | 35.0 bp −$35 | 202.8 bp −$2,028 | doesn't fit | doesn't fit |
PTB 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PTBUSDT | +0.0100% | 4h | 0.001145 | +0.166% | $1.8M | $24.6M | 25x | as long as short |
| Variational Omni PTB | +0.0100% | 4h | 0.001156 | +1.167% | $34K | $91K | — | as long as short |
| BingX PTB-USDT | +0.0128% | 4h | 0.001145 | +0.192% | — | $2.4M | — | as long as short |
| MEXC PTB_USDT | +0.0178% | 4h | 0.001148 | +0.411% | $373K | $1.1M | 20x | as long as short |
| Binance PTBUSDTshort | +0.0182% | 4h | 0.001145 | +0.125% | $8.2M | $157.5M | 20x | |
| Extended kPTB-USD | +0.0184% | 1h | 0.001147 | +0.330% | $4K | $42K | 5x | as long as short |
| BloFin PTB-USDT | +0.0210% | 4h | 0.001149 | +0.534% | $485K | $788K | 20x | as long as short |
| KuCoin PTBUSDTM | +0.0396% | 4h | 0.001147 | +0.332% | $1.7M | $7.9M | 20x | as long as short |
| Aster PTBUSDT | +0.0396% | 4h | 0.001147 | +0.314% | $94K | $935K | 5x | as long as short |
| Gate PTB_USDTlong | +0.0750% | 4h | 0.001143 | long leg | $1.9M | $6.3M | 25x |
Bybit PTBUSDT
Variational Omni PTB
BingX PTB-USDT
MEXC PTB_USDT
Extended kPTB-USD
BloFin PTB-USDT
KuCoin PTBUSDTM
Aster PTBUSDT