TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.01458+0.0318pay 0.0159% / 4h3h 59m$99K$21K25xLong Gate
SHORT0.01456+0.0104get 0.0013% / 1h59m 11s$6K$171K5xShort Extended10% off
Price gap−0.144%
Funding gap−0.0214% /8h

Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 0.144% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$4−0.0214% /8h now · paid +0.039% over the last 7D
Price—spread −0.144% now · no price history on both exchanges yet
Costsno datano order book for Gate
Result, before costs—+ Points / potential airdropExtended: points · farm boardneeds both price histories

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.039% in total, about +0.0018%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.144%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

TST on 7 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Gate: its slippage is not counted.
  • Note: Margin at max leverage$400 + $2,000
    Gate 25x, Extended 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$6.42Long Gate: 6 payments, −$9.54; short Extended: 24 payments, +$3.12.
  • Note: No 7-day spread history−0.144%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$6K vs $99K OI
    Extended sets your exit cost. Check its book before closing.
  • OK: Points on a legExtended points
    Volume here counts toward the points program.
  • Watch: KYCGate Yes · Extended No
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0018%/8h × 21 periods+$3.86
Price spread−0.144% → 0−$14.41
Slippage, 4 ordersno data for Gate—
Fee Gate bp × 2 orders−$15.00
Fee Extended bp × 2 orders−$5.00
Net, fees only · 7 days · $10k−$30.55
Costs to cover0.200%Break-even62.4 days
Slippage: Gate: no order-book sample; Extended: live order book, 56 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGate—————
SELL · SHORTExtended5.5340.8 bp−$41doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.
Gate: no data.

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