Funding you earn now, next payment 00:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.97 per $10,000 · paid last 24h +0.016%
Price spread now: Gate against Binance−0.018%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$580.577% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 2 days (all we have)−0.017%−$2 · spread now −0.018%, 7d avg −0.068%
=The price spread pays, funding is against you. Gate is 0.050% dearer against Binance than usual: you sell high and buy low (spread −0.018% now, against its 7-day average of −0.068%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 41 hours. Mind the row above: over the last 7 days funding on this pair paid +0.053%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BEUSDT | 274.25 | 0.0097 | pay 0.0097% / 8h | 27m 33s | $8.5M | $36.9M | 25x |
| Short | Gate BE_USDT | 274.20 | 0 | get 0.0000% / 8h | 27m 33s | $1.5M | $3.7M | 50x |
Binance BEUSDT
Gate BE_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
- −$20.4
- Price spread: −0.018% → −0.068%
- $4.95
- Slippage, 4 orders
- −$32.74
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$73.19
- Costs to cover
- 0.577%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 5 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, 14 min ago | 1.09 bp | 10.4 bp −$10 | 24.6 bp −$246 | 97.7 bp −$9,774 | doesn't fit |
| Sell Gate live order book, 5 min ago | 5.47 bp | 16.5 bp −$17 | 43.8 bp −$438 | 77.1 bp −$7,710 | doesn't fit |
BE on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BEUSDT | 0.0000% | 8h | 274.65 | +0.146% | $345K | $118K | 20x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 274.29 | +0.015% | $2.0M | $1.2M | 25x | as long as short |
| Gate BE_USDTshort | 0.0000% | 8h | 274.20 | −0.018% | $1.5M | $3.7M | 50x | |
| Bitget BEUSDT | 0.0000% | 8h | 274.20 | −0.018% | $1.7M | $2.7M | 20x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.36 | +0.040% | $1K | $2.6M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.46 | +0.077% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.06 | −0.069% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.22 | −0.011% | $250K | $380K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.11 | −0.051% | $114K | $122K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.30 | +0.018% | — | — | 10x | as long as short |
Aster BEUSDT
Bybit BEUSDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Arcus BE-USD
Vest BE-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.09 | −0.058% | $5.9M | $2.9M | 10x | as long as short |
| QFEX BE-USD | +0.0073% | 1h | 274.13 | −0.044% | $1.3M | $3.8M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0088% | 1h | 274.13 | −0.044% | $469K | $123K | 10x | as long as short |
| Extended BE-USD | +0.0096% | 1h | 274.20 | −0.019% | $46K | $270K | 10x | as long as short |
| Binance BEUSDTlong | +0.0097% | 8h | 274.25 | long leg | $8.5M | $36.9M | 25x | |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.16 | −0.033% | $370K | $23K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.25 | +0.002% | — | — | 10x | as long as short |
| GRVT BE_USDT_Perp | +0.0138% | 8h | 274.41 | +0.059% | $6K | $182K | 10x | as long as short |
| BloFin BE-USDT | +0.0218% | 8h | 274.34 | +0.033% | $45K | $141K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0250% | 8h | 274.38 | +0.047% | $2.6M | $6.8M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0480% | 1h | 274.30 | +0.018% | $7K | $4K | 10x | as long as short |
tradeXYZ xyz:BE
QFEX BE-USD
Coinbase International BE-PERP-INTX
Extended BE-USD
KuCoin BEUSDTM
Aevo BE-PERP
GRVT BE_USDT_Perp
BloFin BE-USDT
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL