Funding you earn now, next payment 00:00 UTC+0.0811%/8h= +88.8% APRnext payment +$8.11 per $10,000 · paid last 24h +0.013%
Price spread now: Binance against Gate+0.133%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$24 a day on $10k at the current rate, and Binance is 0.133% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BITO_USDT | 11.661 | 0 | get 0.0000% / 8h | 1h 43m | $29K | $30K | 20x |
| Short | Binance BITOUSDT | 11.677 | 0.0811 | get 0.0811% / 8h | 1h 43m | $265K | $2.0M | 25x |
Gate BITO_USDT
Binance BITOUSDTFunding 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
- $170.38
- Price spread: +0.133% → 0.000%
- $13.29
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $158.67
- Costs to cover
- 0.250%
- Break-even
- 0.5 days
Slippage unknown: Gate: no order-book sample; Binance: live order book, 6 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 Gate no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 6 min ago | 4.28 bp | 38.0 bp −$38 | 152.3 bp −$1,523 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BITOUSDT | 0.0000% | 8h | 11.668 | +0.060% | $37K | $38K | 25x | as long as short |
| Gate BITO_USDTlong | 0.0000% | 8h | 11.661 | long leg | $29K | $30K | 20x | |
| Bitget BITOUSDT | 0.0000% | 8h | 11.647 | −0.120% | $760K | $746K | 20x | as long as short |
| HTX BITO-USDT | 0.0000% | 8h | 11.680 | +0.163% | $5K | $283K | 10x | as long as short |
| edgeX BITOUSDC | +0.0479% | 4h | 11.673 | +0.106% | $24K | $268K | 10x | as long as short |
| Binance BITOUSDTshort | +0.0811% | 8h | 11.677 | +0.133% | $265K | $2.0M | 25x | |
| MEXC BITO_USDT | +0.0815% | 8h | 11.640 | −0.180% | $123K | $85K | 20x | as long as short |
Bybit BITOUSDT
Bitget BITOUSDT
HTX BITO-USDT
edgeX BITOUSDC
MEXC BITO_USDT