Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.111%
Price spread now: Gate against Binance−0.037%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$279as in the Funding arb table
Net, price: spread back to 7d avg − costs−$272as in the Price arb table
costs, in and out, $10k−$2712.707% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 2 days (all we have)+0.003%$0 · spread now −0.037%, 7d avg −0.024%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance APPUSDT | 329.42 | 0 | get 0.0000% / 8h | 2h 36m | $3.0M | $3.8M | 25x |
| Short | Gate APP_USDT | 329.30 | 0 | get 0.0000% / 8h | 2h 36m | $782K | $689K | 25x |
Binance APPUSDT
Gate APP_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
- $0
- Price spread: −0.037% → −0.024%
- −$1.32
- Slippage, 4 orders
- −$245.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$272.05
- Costs to cover
- 2.707%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Gate: live order book, 50 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, 16 min ago | 4.70 bp | 25.0 bp −$25 | 93.3 bp −$933 | doesn't fit | doesn't fit |
| Sell Gate live order book, 50 min ago | 25.77 bp | 132.2 bp −$132 | doesn't fit | doesn't fit | doesn't fit |
APP on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APPUSDTlong | 0.0000% | 8h | 329.42 | long leg | $3.0M | $3.8M | 25x | |
| OKX APP-USDT-SWAP | 0.0000% | 8h | 329.58 | +0.048% | $418K | $373K | 25x | as long as short |
| Gate APP_USDTshort | 0.0000% | 8h | 329.30 | −0.037% | $782K | $689K | 25x | |
| Bitget APPUSDT | 0.0000% | 8h | 329.52 | +0.029% | $566K | $585K | 20x | as long as short |
| HTX APP-USDT | 0.0000% | 8h | 329.32 | −0.031% | $9K | $234K | 10x | as long as short |
| Extended APP_24_5-USD | +0.0040% | 1h | 329.54 | +0.035% | $23K | $6K | 10x | as long as short |
OKX APP-USDT-SWAP
Bitget APPUSDT
HTX APP-USDT
Extended APP_24_5-USD