Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.369%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1561.558% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.339%+$34 · spread now −0.369%, 7d avg +0.038%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.407% cheaper against Binance than usual: you would sell low and buy high, −$41 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VELODROMEUSDT | 0.02985 | 0.0100 | pay 0.0050% / 4h | 52m 50s | $7.7M | $1.5M | 50x |
| Short | Gate VELODROME_USDT | 0.02974 | 0.0100 | get 0.0050% / 4h | 52m 50s | $124K | $6K | 20x |
Binance VELODROMEUSDT
Gate VELODROME_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- $0
- Price spread: −0.369% → +0.038%
- −$40.69
- Slippage, 4 orders
- −$130.82
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$196.51
- Costs to cover
- 1.558%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Gate: live order book, 17 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 Binance live order book, 16 min ago | 1.70 bp | 23.2 bp −$23 | 197.3 bp −$1,973 | doesn't fit | doesn't fit |
| Sell Gate live order book, 17 min ago | 3.39 bp | 52.5 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
VELODROME on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance VELODROMEUSDTlong | +0.0100% | 4h | 0.02985 | long leg | $7.7M | $1.5M | 50x | |
| Bybit VELODROMEUSDT | +0.0100% | 4h | 0.02980 | −0.157% | $803K | $335K | 20x | as long as short |
| Gate VELODROME_USDTshort | +0.0100% | 4h | 0.02974 | −0.369% | $124K | $6K | 20x | |
| MEXC VELODROME_USDT | +0.0100% | 4h | 0.02986 | +0.034% | $241K | $89K | 50x | as long as short |
| Bitget VELODROMEUSDT | +0.0100% | 4h | 0.02977 | −0.258% | $531K | $24K | 20x | as long as short |
| BingX VELODROME-USDT | +0.0100% | 4h | 0.02982 | −0.101% | — | $1.2M | — | as long as short |
| Variational Omni VELODROME | +0.0100% | 4h | 0.02962 | −0.764% | $78K | $277 | — | as long as short |
Bybit VELODROMEUSDT
MEXC VELODROME_USDT
Bitget VELODROMEUSDT
BingX VELODROME-USDT
Variational Omni VELODROME