Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.057%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1621.617% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.057%, 7d avg +0.051%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WAL_USDT | 0.03491 | 0.0100 | pay 0.0050% / 4h | 3h 08m | $299K | $589K | 50x |
| Short | Binance WALUSDT | 0.03493 | 0.0100 | get 0.0050% / 4h | 3h 08m | $2.4M | $7.1M | 75x |
Gate WAL_USDT
Binance WALUSDTFunding 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
- $0
- Price spread: +0.057% → +0.051%
- $0.66
- Slippage, 4 orders
- −$136.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$161.06
- Costs to cover
- 1.617%
- Break-even
- never at this rate
Slippage from Gate: live order book, 42 min ago; Binance: live order book, 15 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, 42 min ago | 7.12 bp | 57.1 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.42 bp | 26.5 bp −$27 | 112.0 bp −$1,120 | doesn't fit | doesn't fit |
WAL on 10 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 WALUSDT | −0.0266% | 4h | 0.03495 | +0.115% | $1.5M | $1.9M | 25x | as long as short |
| OKX WAL-USDT-SWAP | +0.0090% | 4h | 0.03492 | +0.029% | $222K | $1.1M | 10x | as long as short |
| Binance WALUSDTshort | +0.0100% | 4h | 0.03493 | +0.057% | $2.4M | $7.1M | 75x | |
| Gate WAL_USDTlong | +0.0100% | 4h | 0.03491 | long leg | $299K | $589K | 50x | |
| MEXC WAL_USDT | +0.0100% | 4h | 0.03492 | +0.029% | $602K | $314K | 20x | as long as short |
| KuCoin WALUSDTM | +0.0100% | 4h | 0.03488 | −0.086% | $331K | $59K | 30x | as long as short |
| Bitget WALUSDT | +0.0100% | 4h | 0.03495 | +0.115% | $598K | $970K | 20x | as long as short |
| BingX WAL-USDT | +0.0100% | 4h | 0.03493 | +0.057% | — | $6.6M | — | as long as short |
| Variational Omni WAL | +0.0100% | 4h | 0.03500 | +0.254% | $22K | $11K | — | as long as short |
| Bluefin WAL-PERP | +0.0100% | 1h | 0.03493 | +0.057% | $31K | $650K | 20x | as long as short |
Bybit WALUSDT
OKX WAL-USDT-SWAP
MEXC WAL_USDT
KuCoin WALUSDTM
Bitget WALUSDT
BingX WAL-USDT
Variational Omni WAL
Bluefin WAL-PERP