Funding you earn now, next payment 00:00 UTC−0.0779%/8h= −85.3% APRnext payment −$7.79 per $10,000 · paid last 24h −0.013%
Price spread now: Gate against Binance−0.166%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Gate is 0.166% cheaper against Binance than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BITOUSDT | 11.664 | 0.0779 | pay 0.0779% / 8h | 55m 53s | $264K | $2.0M | 25x |
| Short | Gate BITO_USDT | 11.645 | 0 | get 0.0000% / 8h | 55m 53s | $29K | $30K | 20x |
Binance BITOUSDT
Gate BITO_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
- −$163.66
- Price spread: −0.166% → 0.000%
- −$16.56
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$205.23
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 8 min ago; Gate: no order-book sample. 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, 8 min ago | 8.58 bp | 35.5 bp −$35 | 158.4 bp −$1,584 | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BITO 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX BITOUSDC | −0.0900% | 4h | 11.658 | −0.052% | $24K | $266K | 10x | as long as short |
| Bybit BITOUSDT | 0.0000% | 8h | 11.667 | +0.023% | $37K | $38K | 25x | as long as short |
| Gate BITO_USDTshort | 0.0000% | 8h | 11.645 | −0.166% | $29K | $30K | 20x | |
| Bitget BITOUSDT | 0.0000% | 8h | 11.630 | −0.294% | $759K | $746K | 20x | as long as short |
| HTX BITO-USDT | 0.0000% | 8h | 11.670 | +0.049% | $5K | $283K | 10x | as long as short |
| Binance BITOUSDTlong | +0.0779% | 8h | 11.664 | long leg | $264K | $2.0M | 25x | |
| MEXC BITO_USDT | +0.0781% | 8h | 11.630 | −0.294% | $123K | $84K | 20x | as long as short |
edgeX BITOUSDC
Bybit BITOUSDT
Bitget BITOUSDT
HTX BITO-USDT
MEXC BITO_USDT