Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.111%
Price spread now: Binance against Gate−0.396%7-day average −0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs−$680as in the Funding arb table
Net, price: spread back to 7d avg − costs−$726as in the Price arb table
costs, in and out, $10k−$7077.070% of the position
Funding, last 7 days+0.271%+$27 on $10k
+Price spread, last 4 days (all we have)+0.271%+$27 · spread now −0.396%, 7d avg −0.205%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.191% cheaper against Gate than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.205%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BYD_USDT | 10.351 | 0 | get 0.0000% / 8h | 7h 17m | $155K | $57K | 20x |
| Short | Binance BYDUSDT | 10.310 | 0 | get 0.0000% / 4h | 3h 17m | $1.4M | $1.0M | 20x |
Gate BYD_USDT
Binance BYDUSDTFunding 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: −0.396% → −0.205%
- −$19.06
- Slippage, 4 orders
- −$682
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$726.06
- Costs to cover
- 7.070%
- Break-even
- never at this rate
Slippage from Gate: live order book, 8 min ago; Binance: live order book, 15 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, 8 min ago | 0.48 bp | 331.9 bp −$332 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 4.85 bp | 29.1 bp −$29 | 139.9 bp −$1,399 | doesn't fit | doesn't fit |
BYD on 8 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 BYDUSDTshort | 0.0000% | 4h | 10.310 | −0.396% | $1.4M | $1.0M | 20x | |
| Bybit BYDUSDT | 0.0000% | 8h | 10.320 | −0.299% | $78K | $12K | 25x | as long as short |
| Gate BYD_USDTlong | 0.0000% | 8h | 10.351 | long leg | $155K | $57K | 20x | |
| SunX BYD-USDT | 0.0000% | 4h | 10.300 | −0.493% | — | $2.0M | 10x | as long as short |
| HTX BYD-USDT | 0.0000% | 4h | 10.310 | −0.396% | $9K | $266K | 20x | as long as short |
| KuCoin BYDUSDTM | +0.0100% | 8h | 10.329 | −0.213% | $13K | $1.6M | 20x | as long as short |
| Bitget BYDUSDT | +0.0613% | 8h | 10.312 | −0.377% | $149K | $277K | 20x | as long as short |
| edgeX BYDUSDC | +0.0955% | 4h | 10.300 | −0.488% | $42K | $431K | 10x | as long as short |
Bybit BYDUSDT
SunX BYD-USDT
HTX BYD-USDT
KuCoin BYDUSDTM
Bitget BYDUSDT
edgeX BYDUSDC