Funding you earn now, next payment 04:00 UTC+0.0825%/8h= +90.3% APRnext payment +$4.13 per $10,000 · paid last 24h +0.093%
Price spread now: Binance against Gate+0.139%7-day average +0.221% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.303%+$30 on $10k
+Price spread, last 7 days+0.047%+$5 · spread now +0.139%, 7d avg +0.221%
=Funding pays, the price is against you. Binance is 0.082% cheaper against Gate than usual: you would sell low and buy high (spread +0.139% now, against its 7-day average of +0.221%). If the spread goes back, that is −$8 on $10k: about 8 hours of funding at the current rate (+$25 a day). At the pace of the last 7 days (+0.303% in total) that is about 46 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.303% in total (about 15.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate Q_USDT | 0.02526 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $1.2M | $291K | 10x |
| Short | Binance QUSDT | 0.02530 | 0.0925 | get 0.0463% / 4h | 2h 10m | $7.0M | $1.4M | 20x |
Gate Q_USDT
Binance QUSDTFunding 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
- $173.26
- Price spread: +0.139% → +0.221%
- −$8.22
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $140.04
- Costs to cover
- 0.250%
- Break-even
- 1.3 days
Slippage unknown: Gate: live order book, 1 min ago; Binance: live order book, 13 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 Gate live order book, 1 min ago | 3.95 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.59 bp | 34.1 bp −$34 | 279.4 bp −$2,794 | doesn't fit | doesn't fit |
Q 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDTlong | +0.0100% | 4h | 0.02526 | long leg | $1.2M | $291K | 10x | |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02523 | −0.139% | $668K | $19K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02525 | −0.051% | $2.2M | $123K | 20x | as long as short |
| Bybit QUSDT | +0.0409% | 4h | 0.02528 | +0.099% | $1.5M | $352K | 13x | as long as short |
| Variational Omni Q | +0.0463% | 4h | 0.02529 | +0.101% | $610 | $2K | — | as long as short |
| Aster QUSDT | +0.0834% | 4h | 0.02526 | +0.015% | $58K | $52K | 5x | as long as short |
| BingX Q-USDT | +0.0892% | 4h | 0.02525 | −0.044% | — | $1.3M | — | as long as short |
| Binance QUSDTshort | +0.0925% | 4h | 0.02530 | +0.139% | $7.0M | $1.4M | 20x | |
| Extended Q-USD | +0.0928% | 1h | 0.02529 | +0.113% | $8K | $164K | 5x | as long as short |
| MEXC Q_USDT | +0.0928% | 4h | 0.02530 | +0.146% | $122K | $88K | 50x | as long as short |
KuCoin QUSDTM
Bitget QUSDT
Bybit QUSDT
Variational Omni Q
Aster QUSDT
BingX Q-USDT
Extended Q-USD
MEXC Q_USDT