Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.066%7-day average +0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$986as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,013as in the Price arb table
costs, in and out, $10k−$9939.931% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)+0.257%+$26 · spread now −0.066%, 7d avg +0.134%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.200% cheaper against Binance than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.134%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance REDUSDT | 0.1508 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $2.4M | $3.9M | 50x |
| Short | Gate RED_USDT | 0.1507 | 0.0100 | get 0.0050% / 4h | 1h 56m | $349K | $151K | 25x |
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
- $0
- Price spread: −0.066% → +0.134%
- −$20.01
- Slippage, 4 orders
- −$968.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,013.14
- Costs to cover
- 9.931%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Gate: live order book, 24 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, 11 min ago | 3.32 bp | 22.3 bp −$22 | 107.3 bp −$1,073 | doesn't fit | doesn't fit |
| Sell Gate live order book, 24 min ago | 6.60 bp | 415.9 bp −$416 | doesn't fit | doesn't fit | doesn't fit |
RED 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster REDUSDT | +0.0100% | 4h | 0.1508 | −0.011% | $21K | $33K | 5x | as long as short |
| Binance REDUSDTlong | +0.0100% | 4h | 0.1508 | long leg | $2.4M | $3.9M | 50x | |
| Bybit REDUSDT | +0.0100% | 4h | 0.1507 | −0.060% | $2.2M | $1.7M | 25x | as long as short |
| Gate RED_USDTshort | +0.0100% | 4h | 0.1507 | −0.066% | $349K | $151K | 25x | |
| Bitget REDUSDT | +0.0100% | 4h | 0.1508 | 0.000% | $722K | $304K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1505 | −0.206% | $25K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1545 | +2.454% | $2K | $659K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1508 | −0.016% | $30 | — | 5x | as long as short |
| BloFin RED-USDT | +0.0156% | 4h | 0.1499 | −0.590% | $225K | $4K | 25x | as long as short |
| MEXC RED_USDT | +0.0386% | 4h | 0.1508 | 0.000% | $552K | $171K | 20x | as long as short |
Binance REDUSDT
Gate RED_USDT
Aster REDUSDT
Bybit REDUSDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
BloFin RED-USDT
MEXC RED_USDT