Funding arb · Price arb / Crypto
USELESS
All USELESS markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2381 | +0.1119 | pay 0.0140% / 1h | 57m 47s | $249K | $387K | 10x | Long Arcus5% off | |
| SHORT | 0.2373 | +0.0100 | get 0.0050% / 4h | 2h 57m | $6.7M | $4.3M | 50x | Short Gate |
Price gap−0.323%
Funding gap−0.1019% /8h
Both sides work against this direction now: funding costs $31 a day on $10k and the gap is 0.139% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$83−0.1019% /8h now · paid −0.829% over the last 6 days (all we have)
Price−$14spread −0.323% now, avg −0.184% → −0.139% if it goes back
Costs−$860.857% of $10k · taker + slippage, in and out
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Gate price against Arcusnow
RANGE STATS · 7D
Now−0.323%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUSELESS on 26 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size14.5 / 29.0 bpAt $10k entering Gate costs 29.0 bp, fee and slippage, 2.0× Arcus’s.
- Note: Margin at max leverage$1,000 + $200Arcus 10x, Gate 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$30.57Long Arcus: 24 payments, −$33.57; short Gate: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.323% vs −0.184%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$249K vs $6.7M OIArcus sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCArcus No · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0487%/8h × 21 periods−$102.34
Price spread−0.323% → −0.184% (7d avg)−$13.91
Slippage, 4 orderslive order books−$66.22
Fee Arcus bp × 2 orders−$4.50
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$201.97
Costs to cover0.857%Break-evennever at this rate
Slippage: Arcus: live order book, 31 min ago; Gate: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus4.2514.5 bp−$1541.6 bp−$416doesn’t fitdoesn’t fit
SELL · SHORTGate2.7429.0 bp−$29doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Nado