Funding you earn now, next payment 04:00 UTC−0.0460%/8h= −50.4% APRnext payment −$2.30 per $10,000 · paid last 24h −0.096%
Price spread now: Gate against Binance−0.137%7-day average −0.041% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.316%−$32 on $10k
+Price spread, last 4 days (all we have)−0.382%−$38 · spread now −0.137%, 7d avg −0.041%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Gate is 0.096% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.041%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.316% in total (about -16.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.30 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XANUSDT | 0.01239 | 0.0560 | pay 0.0280% / 4h | 1h 42m | $2.1M | $1.4M | 50x |
| Short | Gate XAN_USDT | 0.01237 | 0.0100 | get 0.0050% / 4h | 1h 42m | $245K | $36K | 20x |
Binance XANUSDT
Gate XAN_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
- −$96.68
- Price spread: −0.137% → −0.041%
- −$9.65
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$131.33
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 6 min ago; Gate: live order book, 14 min ago. Net counts fees only.
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, 6 min ago | 0.81 bp | 40.7 bp −$41 | 289.1 bp −$2,891 | doesn't fit | doesn't fit |
| Sell Gate live order book, 14 min ago | 12.86 bp | 319.0 bp −$319 | doesn't fit | doesn't fit | doesn't fit |
XAN 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 XANUSDT | +0.0100% | 4h | 0.01237 | −0.137% | $1.0M | $210K | 13x | as long as short |
| Gate XAN_USDTshort | +0.0100% | 4h | 0.01237 | −0.137% | $245K | $36K | 20x | |
| KuCoin XANUSDTM | +0.0100% | 4h | 0.01239 | −0.032% | $616K | $1.7M | 50x | as long as short |
| Bitget XANUSDT | +0.0100% | 4h | 0.01237 | −0.137% | $411K | $145K | 50x | as long as short |
| Variational Omni XAN | +0.0100% | 4h | 0.01235 | −0.324% | $7K | $2K | — | as long as short |
| BingX XAN-USDT | +0.0542% | 4h | 0.01238 | −0.097% | — | $1.3M | — | as long as short |
| MEXC XAN_USDT | +0.0552% | 4h | 0.01239 | 0.000% | $8.9M | $107K | 50x | as long as short |
| Binance XANUSDTlong | +0.0560% | 4h | 0.01239 | long leg | $2.1M | $1.4M | 50x | |
| Aster XANUSDT | +0.0696% | 4h | 0.01237 | −0.208% | $44K | $9K | 5x | as long as short |
Bybit XANUSDT
KuCoin XANUSDTM
Bitget XANUSDT
Variational Omni XAN
BingX XAN-USDT
MEXC XAN_USDT
Aster XANUSDT