Funding you earn now, next payment 00:00 UTC−0.0146%/8h= −16.0% APRnext payment −$0.73 per $10,000 · paid last 24h −0.109%
Price spread now: Binance against Gate+0.197%7-day average +0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$292as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2422.423% of the position
Funding, last 7 days−0.501%−$50 on $10k
+Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.197%, 7d avg +0.119%
=The price spread pays, funding is against you. Binance is 0.078% dearer against Gate than usual: you sell high and buy low (spread +0.197% now, against its 7-day average of +0.119%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPACE_USDT | 0.005068 | 0.0246 | pay 0.0123% / 4h | 37m 04s | $763K | $426K | 20x |
| Short | Binance SPACEUSDT | 0.005078 | 0.0100 | get 0.0050% / 4h | 37m 04s | $1.9M | $1.9M | 50x |
Gate SPACE_USDT
Binance SPACEUSDTFunding 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
- −$30.66
- Price spread: +0.197% → +0.119%
- $7.79
- Slippage, 4 orders
- −$217.31
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$265.17
- Costs to cover
- 2.423%
- 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 | 7.98 bp | 115.0 bp −$115 | 5197.4 bp −$52.0K | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.99 bp | 29.6 bp −$30 | 134.4 bp −$1,344 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPACEUSDTshort | +0.0100% | 4h | 0.005078 | +0.197% | $1.9M | $1.9M | 50x | |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.005073 | +0.099% | $779K | $163K | 13x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005068 | 0.000% | $1.5M | $1.1M | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005080 | +0.237% | $369K | $152K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0104% | 4h | 0.005072 | +0.079% | $885K | $232K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0106% | 4h | 0.005081 | +0.257% | $641K | $103K | 20x | as long as short |
| BloFin SPACE-USDT | +0.0128% | 4h | 0.005077 | +0.178% | $157K | $8K | 50x | as long as short |
| Gate SPACE_USDTlong | +0.0246% | 4h | 0.005068 | long leg | $763K | $426K | 20x | |
| Aster SPACEUSDT | +0.0840% | 4h | 0.005068 | −0.002% | $15K | $30K | 5x | as long as short |
Bybit SPACEUSDT
OKX SPACE-USDT-SWAP
MEXC SPACE_USDT
Bitget SPACEUSDT
KuCoin SPACEUSDTM
BloFin SPACE-USDT
Aster SPACEUSDT