Funding you earn now, next payment 08:00 UTC+0.1601%/8h= +175.3% APRnext payment +$8.01 per $10,000 · paid last 24h +0.297%
Price spread now: Binance against Gate−0.771%7-day average −0.464% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.542%+$54 on $10k
+Price spread, last 4 days (all we have)+0.544%+$54 · spread now −0.771%, 7d avg −0.464%
=Funding pays, the price is against you. Binance is 0.307% cheaper against Gate than usual: you would sell low and buy high (spread −0.771% now, against its 7-day average of −0.464%). If the spread goes back, that is −$31 on $10k: about 15 hours of funding at the current rate (+$48 a day). At the pace of the last 7 days (+0.542% in total) that is about 4.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.542% in total (about 28.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STAR_USDT | 0.03761 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $280K | $279K | 5x |
| Short | Binance STARUSDT | 0.03732 | 0.1701 | get 0.0851% / 4h | 2h 43m | $5.2M | $8.4M | 10x |
Gate STAR_USDT
Binance STARUSDTFunding 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
- $336.28
- Price spread: −0.771% → −0.464%
- −$30.68
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $280.59
- Costs to cover
- 0.250%
- Break-even
- 1.2 days
Slippage unknown: Gate: live order book, 63 min ago; Binance: live order book, 11 min ago. Net counts fees only.
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, 63 min ago | 4.03 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 8.15 bp | 79.0 bp −$79 | 469.5 bp −$4,695 | doesn't fit | doesn't fit |
STAR on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin STARUSDTM | −0.2004% | 4h | 0.03757 | −0.106% | $206K | $871K | 3x | as long as short |
| Gate STAR_USDTlong | +0.0100% | 4h | 0.03761 | long leg | $280K | $279K | 5x | |
| Aster STARUSDT | +0.1336% | 4h | 0.03724 | −0.984% | $31K | $75K | 5x | as long as short |
| BingX STAR-USDT | +0.1564% | 4h | 0.03732 | −0.771% | — | $1.7M | — | as long as short |
| MEXC STAR_USDT | +0.1684% | 4h | 0.03733 | −0.744% | $238K | $308K | 10x | as long as short |
| Binance STARUSDTshort | +0.1701% | 4h | 0.03732 | −0.771% | $5.2M | $8.4M | 10x |
KuCoin STARUSDTM
Aster STARUSDT
BingX STAR-USDT
MEXC STAR_USDT