Funding you earn now, next payment 04:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.32 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.019%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$392as in the Funding arb table
Net, price: spread back to 7d avg − costs−$394as in the Price arb table
costs, in and out, $10k−$3913.908% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.172%−$17 · spread now +0.019%, 7d avg +0.051%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.032% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.051%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SAFE_USDT | 0.1094 | 0.0164 | pay 0.0082% / 4h | 1h 22m | $713K | $69K | 50x |
| Short | Binance SAFEUSDT | 0.1094 | 0.0100 | get 0.0050% / 4h | 1h 22m | $1.1M | $2.1M | 50x |
Gate SAFE_USDT
Binance SAFEUSDTFunding 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
- −$13.44
- Price spread: +0.019% → +0.051%
- −$3.18
- Slippage, 4 orders
- −$365.83
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$407.45
- Costs to cover
- 3.908%
- Break-even
- never at this rate
Slippage from Gate: live order book, 39 min ago; Binance: live order book, 12 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, 39 min ago | 7.39 bp | 146.3 bp −$146 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 3.67 bp | 42.4 bp −$42 | 139.4 bp −$1,394 | doesn't fit | doesn't fit |
SAFE 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SAFE/USDC PERP | +0.0033% | 1h | 0.1002 | −8.384% | $9 | $19K | 5.5x | as long as short |
| BloFin SAFE-USDT | +0.0099% | 4h | 0.1094 | +0.055% | $75K | $6K | 50x | as long as short |
| Binance SAFEUSDTshort | +0.0100% | 4h | 0.1094 | +0.019% | $1.1M | $2.1M | 50x | |
| Bybit SAFEUSDT | +0.0100% | 4h | 0.1091 | −0.229% | $1.3M | $616K | 25x | as long as short |
| MEXC SAFE_USDT | +0.0100% | 4h | 0.1094 | +0.018% | $400K | $129K | 100x | as long as short |
| Bitget SAFEUSDT | +0.0100% | 4h | 0.1094 | +0.027% | $391K | $267K | 50x | as long as short |
| BingX SAFE-USDT | +0.0100% | 4h | 0.1093 | −0.101% | — | $6.5M | — | as long as short |
| Variational Omni SAFE | +0.0100% | 4h | 0.1089 | −0.423% | $3K | $3K | — | as long as short |
| Gate SAFE_USDTlong | +0.0164% | 4h | 0.1094 | long leg | $713K | $69K | 50x |
Injective SAFE/USDC PERP
BloFin SAFE-USDT
Bybit SAFEUSDT
MEXC SAFE_USDT
Bitget SAFEUSDT
BingX SAFE-USDT
Variational Omni SAFE