Funding you earn now, next payment 07:00 UTC+0.2526%/8h= +276.6% APRpaid last 24h —
Price spread now: Deribit against Gate+0.336%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—no history yet
+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 +$76 a day on $10k at the current rate, and Deribit is 0.336% dearer against Gate than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TOWNS_USDT | 0.002085 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $70K | $15K | 10x |
| Short | Deribit TOWNS_USDC-PERPETUAL | 0.002092 | 0.2626 | get 0.0328% / 1h | 44m 38s | — | — | 25x |
Gate TOWNS_USDT
Deribit TOWNS_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Gate. 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
- $530.53
- Price spread: +0.336% → 0.000%
- $33.57
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $542.1
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Gate: no order-book sample; Deribit: 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 Gate no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Gate and Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | −0.0240% | 1h | 0.002222 | +6.571% | $83K | $4K | 25x | as long as short |
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002085 | +0.012% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002087 | +0.096% | $2.0M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002084 | −0.048% | $384K | $119K | 5x | as long as short |
| Gate TOWNS_USDTlong | +0.0100% | 4h | 0.002085 | long leg | $70K | $15K | 10x | |
| MEXC TOWNS_USDT | +0.0100% | 4h | 0.002088 | +0.144% | $438K | $138K | 100x | as long as short |
| KuCoin TOWNSUSDTM | +0.0100% | 4h | 0.002084 | −0.048% | $249K | $31K | 10x | as long as short |
| Bitget TOWNSUSDT | +0.0100% | 4h | 0.002088 | +0.144% | $343K | $42K | 5x | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002082 | −0.137% | $195 | $549 | — | as long as short |
| BingX TOWNS-USDT | +0.0110% | 4h | 0.002087 | +0.096% | — | $2.3M | — | as long as short |
Coinbase International TOWNS-PERP-INTX
Aster TOWNSUSDT
Binance TOWNSUSDT
Bybit TOWNSUSDT
MEXC TOWNS_USDT
KuCoin TOWNSUSDTM
Bitget TOWNSUSDT
Variational Omni TOWNS
BingX TOWNS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin TOWNS-USDT | +0.0121% | 4h | 0.002084 | −0.048% | $131K | $4K | 10x | as long as short |
| Deribit TOWNS_USDC-PERPETUALshort | +0.2626% | 1h | 0.002092 | +0.336% | — | — | 25x |
BloFin TOWNS-USDT