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: Binance against Gate+0.015%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$314as in the Funding arb table
Net, price: spread back to 7d avg − costs−$323as in the Price arb table
costs, in and out, $10k−$3223.222% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 2 days (all we have)+0.008%+$1 · spread now +0.015%, 7d avg +0.024%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate APP_USDT | 329.90 | 0 | get 0.0000% / 8h | 1h 43m | $784K | $686K | 25x |
| Short | Binance APPUSDT | 329.95 | 0 | get 0.0000% / 8h | 1h 43m | $3.0M | $3.8M | 25x |
Gate APP_USDT
Binance APPUSDTFunding 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
- $0
- Price spread: +0.015% → +0.024%
- −$0.87
- Slippage, 4 orders
- −$297.19
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$323.06
- Costs to cover
- 3.222%
- Break-even
- never at this rate
Slippage from Gate: live order book, 38 min ago; Binance: live order book, 8 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 Gate live order book, 38 min ago | 19.70 bp | 108.1 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 3.64 bp | 34.4 bp −$34 | 120.9 bp −$1,209 | 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 APPUSDTshort | 0.0000% | 8h | 329.95 | +0.015% | $3.0M | $3.8M | 25x | |
| OKX APP-USDT-SWAP | 0.0000% | 8h | 329.36 | −0.164% | $417K | $372K | 25x | as long as short |
| Gate APP_USDTlong | 0.0000% | 8h | 329.90 | long leg | $784K | $686K | 25x | |
| Bitget APPUSDT | 0.0000% | 8h | 329.88 | −0.006% | $567K | $584K | 20x | as long as short |
| HTX APP-USDT | 0.0000% | 8h | 329.91 | +0.003% | $9K | $235K | 10x | as long as short |
| Extended APP_24_5-USD | +0.0040% | 1h | 329.88 | −0.008% | $23K | $6K | 10x | as long as short |
OKX APP-USDT-SWAP
Bitget APPUSDT
HTX APP-USDT
Extended APP_24_5-USD