Funding you earn now, next payment 08:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.74 per $10,000 · paid last 24h +0.157%
Price spread now: Binance against Gate+0.110%7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2142.136% of the position
Funding, last 7 days+0.386%+$39 on $10k
+Price spread, last 7 days+0.133%+$13 · spread now +0.110%, 7d avg +0.130%
=The price spread sits at its 7-day average of +0.130%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate US_USDT | 0.01630 | 0.0100 | pay 0.0050% / 4h | 3h 08m | $2.0M | $597K | 20x |
| Short | Binance USUSDT | 0.01631 | 0.0248 | get 0.0124% / 4h | 3h 08m | $9.1M | $3.2M | 10x |
Gate US_USDT
Binance USUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $31
- Price spread: +0.110% → +0.130%
- −$1.93
- Slippage, 4 orders
- −$188.55
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$184.48
- Costs to cover
- 2.136%
- Break-even
- 48.7 days
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 1 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 Gate live order book, 4 min ago | 8.89 bp | 69.4 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 3.68 bp | 12.2 bp −$12 | 21.3 bp −$213 | 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 | 0.01632 | +0.178% | $3.2M | $933K | 20x | as long as short |
| Gate US_USDTlong | +0.0100% | 4h | 0.01630 | long leg | $2.0M | $597K | 20x | |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01621 | −0.522% | $4.0M | $350K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01632 | +0.166% | $16K | $3K | — | as long as short |
| Aster USUSDT | +0.0209% | 4h | 0.01629 | −0.002% | $12K | $54K | 5x | as long as short |
| MEXC US_USDT | +0.0244% | 4h | 0.01631 | +0.104% | $5.5M | $115K | 100x | as long as short |
| Binance USUSDTshort | +0.0248% | 4h | 0.01631 | +0.110% | $9.1M | $3.2M | 10x | |
| Extended US-USD | +0.0248% | 1h | 0.01631 | +0.064% | $2K | $168K | 5x | as long as short |
| BloFin US-USDT | +0.0272% | 4h | 0.01632 | +0.147% | $480K | $49K | 10x | as long as short |
| Bitget USUSDT | +0.0398% | 4h | 0.01633 | +0.227% | $4.3M | $259K | 10x | as long as short |
Bybit USUSDT
KuCoin USUSDTM
Variational Omni US
Aster USUSDT
MEXC US_USDT
Extended US-USD
BloFin US-USDT
Bitget USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDT | +0.0406% | 4h | 0.01632 | +0.160% | — | $1.3M | — | as long as short |
BingX US-USDT