Funding you earn now, next payment 03:00 UTC−0.3517%/8h= −385.1% APRpaid last 24h —
Price spread now: Gate against Deribit−0.289%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$105 a day on $10k at the current rate, and Gate is 0.289% cheaper against Deribit than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit TOWNS_USDC-PERPETUAL | 0.002077 | 0.3617 | pay 0.0452% / 1h | 43m 56s | — | — | 25x |
| Short | Gate TOWNS_USDT | 0.002071 | 0.0100 | get 0.0050% / 4h | 1h 43m | $71K | $19K | 10x |
Deribit TOWNS_USDC-PERPETUAL
Gate TOWNS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Deribit. 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
- −$738.49
- Price spread: −0.289% → 0.000%
- −$28.89
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$789.37
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Gate no order-book sample | — | — | — | — | — |
Deribit and 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002073 | −0.191% | $10K | $6K | 5x | as long as short |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002073 | −0.193% | $374K | $114K | 5x | as long as short |
| Gate TOWNS_USDTshort | +0.0100% | 4h | 0.002071 | −0.289% | $71K | $19K | 10x | |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002068 | −0.427% | $193 | $555 | — | as long as short |
| BloFin TOWNS-USDT | +0.0155% | 4h | 0.002069 | −0.385% | $132K | $5K | 10x | as long as short |
| MEXC TOWNS_USDT | +0.0188% | 4h | 0.002072 | −0.241% | $401K | $121K | 100x | as long as short |
| Binance TOWNSUSDT | +0.0190% | 4h | 0.002072 | −0.241% | $2.0M | $1.3M | 10x | as long as short |
| KuCoin TOWNSUSDTM | +0.0414% | 4h | 0.002073 | −0.193% | $247K | $30K | 10x | as long as short |
| BingX TOWNS-USDT | +0.0426% | 4h | 0.002073 | −0.193% | — | $2.3M | — | as long as short |
| Bitget TOWNSUSDT | +0.0460% | 4h | 0.002071 | −0.289% | $338K | $47K | 5x | as long as short |
Aster TOWNSUSDT
Bybit TOWNSUSDT
Variational Omni TOWNS
BloFin TOWNS-USDT
MEXC TOWNS_USDT
Binance TOWNSUSDT
KuCoin TOWNSUSDTM
BingX TOWNS-USDT
Bitget TOWNSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | +0.1192% | 1h | 0.002074 | −0.144% | $77K | $4K | 25x | as long as short |
| Deribit TOWNS_USDC-PERPETUALlong | +0.3617% | 1h | 0.002077 | long leg | — | — | 25x |
Coinbase International TOWNS-PERP-INTX