Funding arb · Price arb / Crypto
USELESS
All USELESS markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2387 | +0.0100 | pay 0.0050% / 4h | 2h 15m | $6.7M | $4.5M | 50x | Long Gate | |
| SHORT | 0.2391 | +0.1104 | get 0.0138% / 1h | 15m 54s | $251K | $356K | 10x | Short Arcus5% off |
Price gap+0.151%
Funding gap+0.1004% /8h
Funding pays +$30 a day on $10k, but the gap is 0.034% under its 7d average: −$3 if it goes back, about 3 hours of funding. At the last 7 days' pace that is about 6 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$84+0.1004% /8h now · paid +0.841% over the last 6 days (all we have)
Price−$3spread +0.151% now, avg +0.185% → −0.034% if it goes back
Costs−$940.938% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.151%
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
/8hUSELESS on 26 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Thin at this size37.8 / 11.3 bpAt $10k entering Gate costs 37.8 bp, fee and slippage, 3.4× Arcus’s.
- Note: Margin at max leverage$200 + $1,000Gate 50x, Arcus 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$30.12Long Gate: 6 payments, −$3.00; short Arcus: 24 payments, +$33.12.
- Watch: Gap narrower than usual+0.151% vs +0.185%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$251K vs $6.7M OIArcus sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · Arcus NoKYC 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+0.0492%/8h × 21 periods+$103.37
Price spread+0.151% → +0.185% (7d avg)−$3.40
Slippage, 4 orderslive order books−$74.35
Fee Gate bp × 2 orders−$15.00
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k+$6.13
Costs to cover0.938%Break-even6.6 days
Slippage: Gate: live order book, 6 min ago; Arcus: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate2.7237.8 bp−$38doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTArcus4.1811.3 bp−$1134.2 bp−$342doesn’t fitdoesn’t fit
Closing costs about the same again.
Nado