Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.02710 | +0.0100 | pay 0.0050% / 4h | 8m 17s | $2.5M | $1.3M | 20x | Long Binance | |
| SHORT | 0.02705 | +0.0948 | get 0.0474% / 4h | 8m 17s | $111K | $42K | 25x | Short Gate |
Price gap−0.148%
Funding gap+0.0848% /8h
Funding pays +$25 a day on $10k, but the gap is 0.130% under its 7d average: −$13 if it goes back, about 12 hours of funding. At the last 7 days' pace that is about 10.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$9+0.0848% /8h now · paid +0.091% over the last 7D
Price−$13spread −0.148% now, avg −0.018% → −0.130% if it goes back
Costs−$7107.102% of $10k · taker + slippage, in and out
Result−$714−7.14%no points
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.091% in total, about +0.0044%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.148%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSTO on 9 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size34.6 / 165.4 bpAt $10k entering Gate costs 165.4 bp, fee and slippage, 4.8× Binance’s.
- Note: Margin at max leverage$500 + $400Binance 20x, Gate 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$25.44Long Binance: 6 payments, −$3.00; short Gate: 6 payments, +$28.44.
- Watch: Gap narrower than usual−0.148% vs −0.018%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$111K vs $2.5M OIGate sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · Gate YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0044%/8h × 21 periods+$9.15
Price spread−0.148% → −0.018% (7d avg)−$13.00
Slippage, 4 orderslive order books−$685.22
Fee Binance bp × 2 orders−$10.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$714.07
Costs to cover7.102%Break-even553.6 days
Slippage: Binance: live order book, 3 min ago; Gate: live order book, 49 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance1.8534.6 bp−$35188.4 bp−$1,884doesn’t fitdoesn’t fit
SELL · SHORTGate20.61165.4 bp−$165doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.