TOWNS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0266%/8h= +29.1% APRnext payment +$1.33 per $10,000 · paid last 24h +0.014%

Price spread now: Binance against Gate+0.145%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.145% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.098% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.33 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	Gate TOWNS_USDT	0.002070	0.0100	pay 0.0050% / 4h	2h 31m	$71K	$19K	10x
Short	Binance TOWNSUSDT	0.002073	0.0366	get 0.0183% / 4h	2h 31m	$2.0M	$1.3M	10x

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

Position, each leg$Hold fordaysFee GatebpFee BinancebpOrdersPrice spread, now +0.145%Rate

Funding earned: $55.78
Price spread: +0.145% → 0.000%: $14.49
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: $45.28
Costs to cover: 0.250%
Break-even: 1.3 days

Slippage unknown: Gate: no order-book sample; Binance: live order book, 2 min ago. 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 Gate no order-book sample	—	—	—	—	—
Sell Binance live order book, 2 min ago	2.41 bp	52.3 bp −$52	384.4 bp −$3,844	doesn't fit	doesn't fit

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 11 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
Bybit TOWNSUSDT	+0.0100%	4h	0.002074	+0.193%	$373K	$115K	5x	as long as short
Gate TOWNS_USDTlong	+0.0100%	4h	0.002070	long leg	$71K	$19K	10x
Variational Omni TOWNS	+0.0100%	4h	0.002066	−0.185%	$193	$555	—	as long as short
Aster TOWNSUSDT	+0.0222%	4h	0.002072	+0.097%	$10K	$6K	5x	as long as short
MEXC TOWNS_USDT	+0.0350%	4h	0.002073	+0.145%	$397K	$125K	100x	as long as short
Binance TOWNSUSDTshort	+0.0366%	4h	0.002073	+0.145%	$2.0M	$1.3M	10x
Coinbase International TOWNS-PERP-INTX	+0.0392%	1h	0.002171	+4.879%	$81K	$4K	25x	as long as short
BingX TOWNS-USDT	+0.0650%	4h	0.002075	+0.242%	—	$2.3M	—	as long as short
Bitget TOWNSUSDT	+0.0696%	4h	0.002070	0.000%	$339K	$48K	5x	as long as short
KuCoin TOWNSUSDTM	+0.0898%	4h	0.002070	0.000%	$247K	$30K	10x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TOWNS_USDC-PERPETUAL	+0.4098%	1h	0.002079	+0.435%	—	—	25x	as long as short