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

TOWNS

all TOWNS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Gate against Binance+0.049%7-day average · you sell dearer than you buy
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−0.087%−$9 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 0.049% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance TOWNSUSDT0.0020440.0100pay 0.0050% / 4h1h 39m$2.0M$1.3M10x
ShortGate TOWNS_USDT0.0020450.0100get 0.0050% / 4h1h 39m$70K$19K10x

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: +0.049% → 0.000%
$4.89
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$20.11
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 9 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, 9 min ago2.45 bp31.6 bp −$32466.7 bp −$4,667doesn't fitdoesn'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.

TOWNS on 12 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
BloFin TOWNS-USDT+0.0050%4h0.002041−0.147%$131K$4K10xas long as short
Aster TOWNSUSDT+0.0100%4h0.002041−0.139%$10K$6K5xas long as short
Binance TOWNSUSDTlong+0.0100%4h0.002044long leg$2.0M$1.3M10x
Bybit TOWNSUSDT+0.0100%4h0.002042−0.098%$370K$112K5xas long as short
Gate TOWNS_USDTshort+0.0100%4h0.002045+0.049%$70K$19K10x
MEXC TOWNS_USDT+0.0100%4h0.0020440.000%$392K$126K100xas long as short
Variational Omni TOWNS+0.0100%4h0.002043−0.036%$190$18as long as short
BingX TOWNS-USDT+0.0132%4h0.0020440.000%$2.3Mas long as short
Bitget TOWNSUSDT+0.0152%4h0.002046+0.098%$336K$51K5xas long as short
KuCoin TOWNSUSDTM+0.0422%4h0.002049+0.245%$260K$23K10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International TOWNS-PERP-INTX+0.0480%1h0.002031−0.636%$76K$5K25xas long as short
Deribit TOWNS_USDC-PERPETUAL+0.3666%1h0.002051+0.342%25xas long as short