Funding you earn now, next payment 08:00 UTC+0.0604%/8h= +66.2% APRnext payment +$6.04 per $10,000 · paid last 24h +0.301%
Price spread now: Gate against Binance+0.068%7-day average +0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs−$474as in the Funding arb table
Net, price: spread back to 7d avg − costs−$414as in the Price arb table
costs, in and out, $10k−$4094.089% of the position
Funding, last 7 days−0.651%−$65 on $10k
+Price spread, last 4 days (all we have)−0.488%−$49 · spread now +0.068%, 7d avg +0.115%
=Funding pays, the price is against you. Gate is 0.047% cheaper against Binance than usual: you would sell low and buy high (spread +0.068% now, against its 7-day average of +0.115%). If the spread goes back, that is −$5 on $10k: about 6 hours of funding at the current rate (+$18 a day). Mind the row above: over the last 7 days funding on this pair cost −0.651%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BOTUSDT | 29.330 | −0.0604 | get 0.0604% / 8h | 2h 40m | $451K | $1.2M | 10x |
| Short | Gate BOT_USDT | 29.350 | 0 | get 0.0000% / 8h | 2h 40m | $254K | $232K | 20x |
Binance BOTUSDT
Gate BOT_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
- $126.87
- Price spread: +0.068% → +0.115%
- −$4.7
- Slippage, 4 orders
- −$383.9
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$286.72
- Costs to cover
- 4.089%
- Break-even
- 22.8 days
Slippage from Binance: live order book, 8 min ago; Gate: live order book, 2 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, 8 min ago | 3.41 bp | 48.8 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 32.35 bp | 166.2 bp −$166 | doesn't fit | doesn't fit | doesn't fit |
BOT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX BOT-USDT-SWAP | −0.1135% | 8h | 29.350 | +0.068% | $234K | $211K | 20x | as long as short |
| tradeXYZ xyz:BOT | −0.1055% | 1h | 29.321 | −0.031% | $3.1M | $777K | 10x | as long as short |
| KuCoin BOTUSDTM | −0.0835% | 8h | 29.330 | 0.000% | $95K | $315K | 20x | as long as short |
| Binance BOTUSDTlong | −0.0604% | 8h | 29.330 | long leg | $451K | $1.2M | 10x | |
| Variational Omni BOT | −0.0516% | 8h | 29.316 | −0.048% | $31K | $14K | — | as long as short |
| QFEX BOT-USD | −0.0071% | 1h | 29.310 | −0.068% | $1.1M | $494K | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.310 | −0.068% | $519K | $563K | 25x | as long as short |
| Gate BOT_USDTshort | 0.0000% | 8h | 29.350 | +0.068% | $254K | $232K | 20x | |
| Bitget BOTUSDT | 0.0000% | 8h | 29.370 | +0.136% | $246K | $121K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.519 | +0.644% | $68K | $1K | 3x | as long as short |
OKX BOT-USDT-SWAP
tradeXYZ xyz:BOT
KuCoin BOTUSDTM
Variational Omni BOT
QFEX BOT-USD
Bybit BOTUSDT
Bitget BOTUSDT
Lighter BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus BOT-USD | +0.0040% | 1h | 29.300 | −0.102% | $3K | $9K | 5x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.369 | +0.133% | $3K | $34K | 10x | as long as short |
Arcus BOT-USD
HTX BOT-USDT