Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.55 per $10,000 · paid last 24h −0.103%
Price spread now: Gate against Binance+0.097%7-day average +0.045% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.083%−$8 on $10k
+Price spread, last 2 days (all we have)−0.197%−$20 · spread now +0.097%, 7d avg +0.045%
=The price spread pays, funding is against you. Gate is 0.052% dearer against Binance than usual: you sell high and buy low (spread +0.097% now, against its 7-day average of +0.045%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ANETUSDT | 206.56 | 0.0055 | pay 0.0055% / 8h | 6h 18m | $142K | $417K | 20x |
| Short | Gate ANET_USDT | 206.76 | 0 | get 0.0000% / 8h | 6h 18m | $170K | $8K | 20x |
Funding 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
- −$11.54
- Price spread: +0.097% → +0.045%
- $5.16
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$31.37
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 73 min ago; Gate: live order book, 42 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, 73 min ago | 0.24 bp | 41.3 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 42 min ago | 26.04 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ANET on 7 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 ANETUSDT | 0.0000% | 8h | 206.88 | +0.155% | $86K | $203K | 25x | as long as short |
| Gate ANET_USDTshort | 0.0000% | 8h | 206.76 | +0.097% | $170K | $8K | 20x | |
| Bitget ANETUSDT | 0.0000% | 8h | 206.35 | −0.102% | $78K | $121K | 20x | as long as short |
| Phemex ANETUSDT | 0.0000% | 8h | 206.60 | +0.019% | $21K | $34K | 10x | as long as short |
| Injective ANET/USDC PERP | +0.0033% | 1h | 199.61 | −3.365% | $2K | $32K | 12x | as long as short |
| Binance ANETUSDTlong | +0.0055% | 8h | 206.56 | long leg | $142K | $417K | 20x | |
| HTX ANET-USDT | +0.0100% | 8h | 206.97 | +0.198% | $3K | $51K | 20x | as long as short |
Binance ANETUSDT
Gate ANET_USDT
Bybit ANETUSDT
Bitget ANETUSDT
Phemex ANETUSDT
Injective ANET/USDC PERP
HTX ANET-USDT