Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance+0.064%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2402.403% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 2 days (all we have)−0.005%$0 · spread now +0.064%, 7d avg +0.014%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.050% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BSPUSDT | 38.425 | 0 | get 0.0000% / 8h | 2h 20m | $479K | $691K | 10x |
| Short | Gate BSP_USDT | 38.450 | 0 | get 0.0000% / 8h | 2h 20m | $251K | $260K | 25x |
Binance BSPUSDT
Gate BSP_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
- $0
- Price spread: +0.064% → +0.014%
- $4.96
- Slippage, 4 orders
- −$215.27
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$235.31
- Costs to cover
- 2.403%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Gate: live order book, 21 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, 11 min ago | 1.30 bp | 36.2 bp −$36 | 101.6 bp −$1,016 | doesn't fit | doesn't fit |
| Sell Gate live order book, 21 min ago | 10.40 bp | 76.2 bp −$76 | 77.5 bp −$775 | 98.1 bp −$9,806 | doesn't fit |
BSP 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BSPUSDTlong | 0.0000% | 8h | 38.425 | long leg | $479K | $691K | 10x | |
| Bybit BSPUSDT | 0.0000% | 8h | 38.510 | +0.220% | $379K | $81K | 25x | as long as short |
| OKX BSP-USDT-SWAP | 0.0000% | 8h | 38.420 | −0.014% | $153K | $159K | 10x | as long as short |
| Gate BSP_USDTshort | 0.0000% | 8h | 38.450 | +0.064% | $251K | $260K | 25x | |
| Bitget BSPUSDT | 0.0000% | 8h | 38.446 | +0.054% | $100K | $64K | 20x | as long as short |
| KuCoin BSPUSDTM | +0.0100% | 8h | 38.530 | +0.272% | $48K | $160K | 20x | as long as short |
| HTX BSP-USDT | +0.0100% | 8h | 38.410 | −0.040% | $6K | $42K | 10x | as long as short |
Bybit BSPUSDT
OKX BSP-USDT-SWAP
Bitget BSPUSDT
KuCoin BSPUSDTM
HTX BSP-USDT