Funding you earn now, next payment 04:00 UTC−0.0169%/8h= −18.5% APRpaid last 24h −0.046%
Price spread now: Gate against Binance+0.326%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$654as in the Funding arb table
Net, price: spread back to 7d avg − costs−$590as in the Price arb table
costs, in and out, $10k−$6186.180% of the position
Funding, last 7 days−0.359%−$36 on $10k
+Price spread, last 4 days (all we have)−0.180%−$18 · spread now +0.326%, 7d avg +0.050%
=The price spread pays, funding is against you. Gate is 0.275% dearer against Binance than usual: you sell high and buy low (spread +0.326% now, against its 7-day average of +0.050%): +$28 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 5.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance WETUSDT | 0.07373 | 0.0269 | pay 0.0134% / 4h | 2h 08m | $1.4M | $3.1M | 50x |
| Short | Gate WET_USDT | 0.07397 | 0.0100 | get 0.0100% / 8h | 6h 08m | $1.1M | $67K | 50x |
Binance WETUSDT
Gate WET_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
- −$35.39
- Price spread: +0.326% → +0.050%
- $27.51
- Slippage, 4 orders
- −$592.97
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$625.86
- Costs to cover
- 6.180%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Gate: live order book, 4 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, 12 min ago | 5.62 bp | 27.7 bp −$28 | 176.8 bp −$1,768 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 3.41 bp | 313.1 bp −$313 | doesn't fit | doesn't fit | doesn't fit |
WET on 9 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 WETUSDT | +0.0100% | 4h | 0.07376 | +0.041% | $1.6M | $997K | 50x | as long as short |
| OKX WET-USDT-SWAP | +0.0100% | 4h | 0.07368 | −0.068% | $790K | $1.5M | 20x | as long as short |
| Gate WET_USDTshort | +0.0100% | 8h | 0.07397 | +0.326% | $1.1M | $67K | 50x | |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.07381 | +0.109% | $732K | $714K | 50x | as long as short |
| Bitget WETUSDT | +0.0100% | 4h | 0.07376 | +0.041% | $610K | $145K | 25x | as long as short |
| BingX WET-USDT | +0.0240% | 4h | 0.07380 | +0.095% | — | $6.5M | — | as long as short |
| MEXC WET_USDT | +0.0268% | 4h | 0.07374 | +0.014% | $206K | $124K | 50x | as long as short |
| Binance WETUSDTlong | +0.0269% | 4h | 0.07373 | long leg | $1.4M | $3.1M | 50x | |
| Aster WETUSDT | +0.1110% | 4h | 0.07340 | −0.448% | $16K | $32K | 5x | as long as short |
Bybit WETUSDT
OKX WET-USDT-SWAP
KuCoin WETUSDTM
Bitget WETUSDT
BingX WET-USDT
MEXC WET_USDT
Aster WETUSDT