Funding you earn now, next payment 00:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.70 per $10,000 · paid last 24h +0.109%
Price spread now: Gate against Binance−0.140%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$258as in the Price arb table
costs, in and out, $10k−$2552.553% of the position
Funding, last 7 days+0.501%+$50 on $10k
+Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.140%, 7d avg −0.117%
=Funding pays, the price is against you. Gate is 0.022% cheaper against Binance than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of −0.117%). If the spread goes back, that is −$2 on $10k: about 13 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SPACEUSDT | 0.005014 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $1.8M | $1.9M | 50x |
| Short | Gate SPACE_USDT | 0.005007 | 0.0240 | get 0.0120% / 4h | 1h 41m | $753K | $428K | 20x |
Binance SPACEUSDT
Gate SPACE_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
- $29.4
- Price spread: −0.140% → −0.117%
- −$2.24
- Slippage, 4 orders
- −$230.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$228.18
- Costs to cover
- 2.553%
- Break-even
- 61.3 days
Slippage from Binance: live order book, 8 min ago; Gate: live order book, 41 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 | 2.00 bp | 47.9 bp −$48 | 354.9 bp −$3,549 | doesn't fit | doesn't fit |
| Sell Gate live order book, 41 min ago | 9.01 bp | 56.7 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
SPACE 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPACE-USDT | +0.0079% | 4h | 0.005009 | −0.100% | $156K | $8K | 50x | as long as short |
| Binance SPACEUSDTlong | +0.0100% | 4h | 0.005014 | long leg | $1.8M | $1.9M | 50x | |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.005014 | 0.000% | $769K | $161K | 13x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005018 | +0.080% | $1.5M | $1.1M | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005015 | +0.020% | $363K | $156K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.005011 | −0.060% | $634K | $102K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005012 | −0.040% | $877K | $231K | 20x | as long as short |
| Gate SPACE_USDTshort | +0.0240% | 4h | 0.005007 | −0.140% | $753K | $428K | 20x | |
| Aster SPACEUSDT | +0.0727% | 4h | 0.005006 | −0.160% | $15K | $30K | 5x | as long as short |
BloFin SPACE-USDT
Bybit SPACEUSDT
OKX SPACE-USDT-SWAP
MEXC SPACE_USDT
KuCoin SPACEUSDTM
Bitget SPACEUSDT
Aster SPACEUSDT