Funding you earn now, next payment 00:00 UTC−0.0184%/8h= −20.2% APRnext payment −$0.92 per $10,000 · paid last 24h −0.188%
Price spread now: Binance against Gate−0.068%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2092.087% of the position
Funding, last 7 days+0.232%+$23 on $10k
+Price spread, last 4 days (all we have)−0.137%−$14 · spread now −0.068%, 7d avg −0.036%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Binance is 0.031% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.036%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.232%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VTHO_USDT | 0.0006956 | −0.1148 | get 0.0574% / 4h | 59m 22s | $400K | $330K | 25x |
| Short | Binance VTHOUSDT | 0.0006951 | −0.1332 | pay 0.0666% / 4h | 59m 22s | $5.0M | $11.5M | 50x |
Gate VTHO_USDT
Binance VTHOUSDTFunding 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
- −$38.72
- Price spread: −0.068% → −0.036%
- −$3.11
- Slippage, 4 orders
- −$183.65
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$250.49
- Costs to cover
- 2.087%
- Break-even
- never at this rate
Slippage from Gate: live order book, 16 min ago; Binance: live order book, 11 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, 16 min ago | 4.32 bp | 104.7 bp −$105 | 10373.1 bp −$103.7K | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.44 bp | 21.0 bp −$21 | 69.2 bp −$692 | doesn't fit | doesn't fit |
VTHO on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC VTHO_USDT | −0.1336% | 4h | 0.0006952 | −0.058% | $1.7M | $180K | 20x | as long as short |
| Binance VTHOUSDTshort | −0.1332% | 4h | 0.0006951 | −0.068% | $5.0M | $11.5M | 50x | |
| BingX VTHO-USDT | −0.1270% | 4h | 0.0006954 | −0.029% | — | $1.4M | — | as long as short |
| Bitget VTHOUSDT | −0.1248% | 4h | 0.0006949 | −0.101% | $1.2M | $1.1M | 50x | as long as short |
| Gate VTHO_USDTlong | −0.1148% | 4h | 0.0006956 | long leg | $400K | $330K | 25x |
MEXC VTHO_USDT
BingX VTHO-USDT
Bitget VTHOUSDT