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

TAKE

all TAKE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against Gate+0.020%7-day average +0.243% · you sell dearer than you buy
Net, funding: paid 7d − costs−$767as in the Funding arb table
Net, price: spread back to 7d avg − costs−$813as in the Price arb table
costs, in and out, $10k−$7917.908% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.237%+$24 on $10k
Price spread, last 4 days (all we have)+0.962%+$96 · spread now +0.020%, 7d avg +0.243%
Together, before fees+1.200%+$120 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.224% cheaper against Gate than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.243%). If the spread goes back, that is −$22 on $10k: about 38 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.237% in total) that is about 6.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate TAKE_USDT0.058540.0100pay 0.0050% / 4h24m 27s$312K$40K20x
ShortBinance TAKEUSDT0.058550.0120get 0.0060% / 4h24m 27s$3.9M$844K10x

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

Profit calculator

Funding earned
$4.16
Price spread: +0.020% → +0.243%
−$22.38
Slippage, 4 orders
−$765.76
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$808.98
Costs to cover
7.908%
Break-even
1368.9 days
Slippage from Gate: live order book, 11 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 11 min ago14.45 bp182.6 bp −$183doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 12 min ago1.70 bp66.9 bp −$67627.3 bp −$6,273doesn't fitdoesn't fit

TAKE 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
Gate TAKE_USDTlong+0.0100%4h0.05854long leg$312K$40K20x
MEXC TAKE_USDT+0.0118%4h0.05855+0.017%$180K$100K50xas long as short
Binance TAKEUSDTshort+0.0120%4h0.05855+0.020%$3.9M$844K10x
BloFin TAKE-USDT+0.0125%4h0.05857+0.051%$254K$10K10xas long as short
BingX TAKE-USDT+0.0140%4h0.05856+0.034%$2.3Mas long as short
Aster TAKEUSDT+0.0480%4h0.05855+0.018%$10K$7K5xas long as short
KuCoin TAKEUSDTM+0.0818%4h0.05881+0.461%$424K$22K20xas long as short