Funding you earn now, next payment 04:00 UTC−0.0140%/8h= −15.3% APRpaid last 24h −0.134%
Price spread now: Gate against Extended−0.220%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$358as in the Funding arb table
Net, price: spread back to 7d avg − costs−$337as in the Price arb table
costs, in and out, $10k−$3233.226% of the position
Funding, last 7 days−0.357%−$36 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.220%, 7d avg −0.074%
=Together, before fees−0.267%+ Points / potential airdropExtended: Active · farm board−$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.146% cheaper against Extended than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.074%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended US-USD | 0.01636 | 0.0240 | pay 0.0030% / 1h | 56m 00s | $5K | $97K | 5x |
| Short | Gate US_USDT | 0.01633 | 0.0100 | get 0.0050% / 4h | 56m 00s | $2.1M | $585K | 20x |
Extended US-USD
Gate US_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- −$29.4
- Price spread: −0.220% → −0.074%
- −$14.59
- Slippage, 4 orders
- −$302.58
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$366.57
- Costs to cover
- 3.226%
- Break-even
- never at this rate
Slippage from Extended: live order book, 52 min ago; Gate: live order book, 2 min ago.
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 Extended live order book, 52 min ago | 6.42 bp | 84.1 bp −$84 | 818.7 bp −$8,187 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 16.24 bp | 82.1 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
US 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 USUSDT | +0.0100% | 4h | 0.01637 | +0.037% | $3.2M | $923K | 20x | as long as short |
| Gate US_USDTshort | +0.0100% | 4h | 0.01633 | −0.220% | $2.1M | $585K | 20x | |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01631 | −0.348% | $4.1M | $287K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01637 | +0.051% | $16K | $3K | — | as long as short |
| BloFin US-USDT | +0.0208% | 4h | 0.01635 | −0.091% | $483K | $48K | 10x | as long as short |
| Extended US-USDlong | +0.0240% | 1h | 0.01636 | long leg | $5K | $97K | 5x | |
| MEXC US_USDT | +0.0240% | 4h | 0.01637 | +0.019% | $5.5M | $111K | 100x | as long as short |
| Binance USUSDT | +0.0241% | 4h | 0.01637 | +0.025% | $9.1M | $3.3M | 10x | as long as short |
| Aster USUSDT | +0.0285% | 4h | 0.01635 | −0.109% | $12K | $54K | 5x | as long as short |
| Bitget USUSDT | +0.0318% | 4h | 0.01639 | +0.178% | $4.3M | $260K | 10x | as long as short |
Bybit USUSDT
KuCoin USUSDTM
Variational Omni US
BloFin US-USDT
MEXC US_USDT
Binance USUSDT
Aster USUSDT
Bitget USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDT | +0.0322% | 4h | 0.01637 | +0.055% | — | $1.3M | — | as long as short |
BingX US-USDT