Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.149%
Price spread now: Binance against Gate−0.095%7-day average −0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$287as in the Funding arb table
Net, price: spread back to 7d avg − costs−$360as in the Price arb table
costs, in and out, $10k−$3673.673% of the position
Funding, last 7 days+0.802%+$80 on $10k
+Price spread, last 2 days (all we have)−0.494%−$49 · spread now −0.095%, 7d avg −0.166%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.071% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.166%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BOT_USDT | 29.490 | 0 | get 0.0000% / 8h | 2h 52m | $252K | $246K | 20x |
| Short | Binance BOTUSDT | 29.462 | 0 | get 0.0000% / 8h | 2h 52m | $457K | $1.2M | 10x |
Gate BOT_USDT
Binance BOTUSDTFunding 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: −0.095% → −0.166%
- $7.15
- Slippage, 4 orders
- −$342.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$360.18
- Costs to cover
- 3.673%
- Break-even
- never at this rate
Slippage from Gate: live order book, 32 min ago; Binance: live order book, 10 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, 32 min ago | 35.60 bp | 133.8 bp −$134 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.70 bp | 49.0 bp −$49 | 391.9 bp −$3,919 | 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BOT-USD | −0.0012% | 1h | 29.510 | +0.068% | $1.2M | $487K | 10x | as long as short |
| Binance BOTUSDTshort | 0.0000% | 8h | 29.462 | −0.095% | $457K | $1.2M | 10x | |
| Bybit BOTUSDT | 0.0000% | 8h | 29.510 | +0.068% | $511K | $312K | 25x | as long as short |
| OKX BOT-USDT-SWAP | 0.0000% | 8h | 29.500 | +0.034% | $238K | $222K | 20x | as long as short |
| Gate BOT_USDTlong | 0.0000% | 8h | 29.490 | long leg | $252K | $246K | 20x | |
| Bitget BOTUSDT | 0.0000% | 8h | 29.530 | +0.136% | $252K | $149K | 5x | as long as short |
| Variational Omni BOT | 0.0000% | 8h | 29.475 | −0.051% | $31K | $19K | — | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.504 | +0.047% | $68K | $14K | 3x | as long as short |
| Arcus BOT-USD | +0.0040% | 1h | 29.410 | −0.271% | $634 | $5K | 5x | as long as short |
| tradeXYZ xyz:BOT | +0.0072% | 1h | 29.457 | −0.112% | $3.1M | $829K | 10x | as long as short |
QFEX BOT-USD
Bybit BOTUSDT
OKX BOT-USDT-SWAP
Bitget BOTUSDT
Variational Omni BOT
Lighter BOT
Arcus BOT-USD
tradeXYZ xyz:BOTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BOTUSDTM | +0.0100% | 8h | 29.470 | −0.068% | $97K | $333K | 20x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.451 | −0.132% | $3K | $34K | 10x | as long as short |
KuCoin BOTUSDTM
HTX BOT-USDT