Funding you earn now, next payment 04:00 UTC+0.1216%/8h= +133.2% APRnext payment +$6.08 per $10,000 · paid last 24h +0.108%
Price spread now: Binance against Gate+0.093%7-day average −0.183% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.542%+$54 on $10k
+Price spread, last 4 days (all we have)+0.140%+$14 · spread now +0.093%, 7d avg −0.183%
=Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and Binance is 0.276% dearer against Gate than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.183%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.542% in total (about 28.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.08 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 | Gate XNY_USDT | 0.006283 | 0.0100 | pay 0.0050% / 4h | 53m 00s | $208K | $12K | 10x |
| Short | Binance XNYUSDT | 0.006289 | 0.1316 | get 0.0658% / 4h | 53m 00s | $3.7M | $934K | 10x |
Gate XNY_USDT
Binance XNYUSDTFunding 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
- $255.46
- Price spread: +0.093% → −0.183%
- $27.59
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $258.04
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 63 min ago; Binance: live order book, 13 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 Gate live order book, 63 min ago | 10.43 bp | 7555.3 bp −$7,555 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.40 bp | 39.4 bp −$39 | 331.9 bp −$3,319 | doesn't fit | doesn't fit |
XNY 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 XNYUSDT | +0.0100% | 4h | 0.006278 | −0.080% | $440K | $29K | 5x | as long as short |
| Gate XNY_USDTlong | +0.0100% | 4h | 0.006283 | long leg | $208K | $12K | 10x | |
| KuCoin XNYUSDTM | +0.0100% | 4h | 0.006272 | −0.175% | $286K | $12K | 10x | as long as short |
| Variational Omni XNY | +0.0100% | 4h | 0.006266 | −0.271% | $52K | $1K | — | as long as short |
| Aster XNYUSDT | +0.1179% | 4h | 0.006279 | −0.063% | $5K | $3K | 5x | as long as short |
| BingX XNY-USDT | +0.1273% | 4h | 0.006288 | +0.080% | — | $1.3M | — | as long as short |
| MEXC XNY_USDT | +0.1316% | 4h | 0.006288 | +0.080% | $170K | $92K | 100x | as long as short |
| Binance XNYUSDTshort | +0.1316% | 4h | 0.006289 | +0.093% | $3.7M | $934K | 10x | |
| BloFin XNY-USDT | +0.1350% | 4h | 0.006289 | +0.095% | $224K | $6K | 10x | as long as short |
Bybit XNYUSDT
KuCoin XNYUSDTM
Variational Omni XNY
Aster XNYUSDT
BingX XNY-USDT
MEXC XNY_USDT
BloFin XNY-USDT