Settings8H · net · $10k
Funding arb · Price arb /

SPELL

all SPELL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.381%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.381% cheaper against Binance than usual: you would sell low and buy high, −$38 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SPELLUSDT0.000091850.0100pay 0.0100% / 8h43m 37s$1.6M$1.7M50x
ShortGate SPELL_USDT0.000091500.0100get 0.0100% / 8h43m 37s$51K$20K20x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.381% → 0.000%
−$38.11
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$63.11
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 5 min ago; Gate: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago5.43 bp31.6 bp −$32228.5 bp −$2,28514755.5 bp −$1.48Mdoesn't fit
Sell Gate no order-book sample
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SPELL on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SPELLUSDTlong+0.0100%8h0.00009185long leg$1.6M$1.7M50x
Gate SPELL_USDTshort+0.0100%8h0.00009150−0.381%$51K$20K20x
MEXC SPELL_USDT+0.0100%8h0.00009180−0.054%$396K$142K20xas long as short
KuCoin SPELLUSDTM+0.0100%8h0.00009170−0.163%$191K$22K30xas long as short
Bitget SPELLUSDT+0.0100%8h0.00009170−0.163%$609K$30K25xas long as short
Variational Omni SPELL+0.0100%8h0.00009193+0.089%$111$2Kas long as short
Kraken Futures PF_SPELLUSD+0.1037%1h0.00009177−0.092%$15K$2K10xas long as short