Funding you earn now, next payment 04:00 UTC−0.0305%/8h= −33.4% APRnext payment −$1.52 per $10,000 · paid last 24h −0.039%
Price spread now: Gate against Binance+0.079%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.079% dearer against Binance than usual: you sell high and buy low (spread +0.079% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.090% in total) that is about 6.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.090% in total (about -4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.52 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 | Binance THEUSDT | 0.08104 | 0.0405 | pay 0.0202% / 4h | 3h 43m | $2.0M | $3.7M | 10x |
| Short | Gate THE_USDT | 0.08110 | 0.0100 | get 0.0050% / 4h | 3h 43m | $67K | $68K | 10x |
Binance THEUSDT
Gate THE_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$63.96
- Price spread: +0.079% → 0.000%
- $7.9
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$81.06
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 8 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 8 min ago | 1.86 bp | 23.9 bp −$24 | 294.0 bp −$2,940 | doesn't fit | doesn'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.
THE 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX THE-USDT | +0.0070% | 4h | 0.08103 | −0.007% | — | $6.5M | — | as long as short |
| Gate THE_USDTshort | +0.0100% | 4h | 0.08110 | +0.079% | $67K | $68K | 10x | |
| Bitget THEUSDT | +0.0100% | 4h | 0.08090 | −0.168% | $403K | $317K | 10x | as long as short |
| Aster THEUSDT | +0.0276% | 4h | 0.08099 | −0.058% | $5K | $7K | 5x | as long as short |
| KuCoin THEUSDTM | +0.0286% | 4h | 0.08091 | −0.155% | $129K | $75K | 10x | as long as short |
| MEXC THE_USDT | +0.0404% | 4h | 0.08108 | +0.054% | $186K | $135K | 50x | as long as short |
| Binance THEUSDTlong | +0.0405% | 4h | 0.08104 | long leg | $2.0M | $3.7M | 10x | |
| BloFin THE-USDT | +0.0408% | 4h | 0.08093 | −0.131% | $131K | $4K | 50x | as long as short |
| Bybit THEUSDT | +0.0737% | 4h | 0.08101 | −0.032% | $555K | $332K | 20x | as long as short |
BingX THE-USDT
Bitget THEUSDT
Aster THEUSDT
KuCoin THEUSDTM
MEXC THE_USDT
BloFin THE-USDT
Bybit THEUSDT