Funding you earn now, next payment 08:00 UTC−0.0174%/8h= −19.0% APRnext payment −$1.74 per $10,000 · paid last 24h −0.056%
Price spread now: Gate against Binance+0.010%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$362as in the Funding arb table
Net, price: spread back to 7d avg − costs−$354as in the Price arb table
costs, in and out, $10k−$3543.544% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.010%, 7d avg +0.008%
=The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COSTUSDT | 898.96 | 0.0174 | pay 0.0174% / 8h | 5h 34m | $1.1M | $929K | 20x |
| Short | Gate COST_USDT | 899.05 | 0 | get 0.0000% / 8h | 5h 34m | $520K | $8K | 25x |
Funding 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
- −$36.44
- Price spread: +0.010% → +0.008%
- $0.13
- Slippage, 4 orders
- −$329.37
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$390.68
- Costs to cover
- 3.544%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Gate: live order book, 27 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, 13 min ago | 1.61 bp | 6.7 bp −$7 | 39.1 bp −$391 | doesn't fit | doesn't fit |
| Sell Gate live order book, 27 min ago | 7.68 bp | 16.0 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
COST on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COSTUSDT | 0.0000% | 8h | 898.97 | 0.000% | $45K | $178 | 20x | as long as short |
| Bybit COSTUSDT | 0.0000% | 8h | 898.90 | −0.007% | $491K | $218K | 25x | as long as short |
| OKX COST-USDT-SWAP | 0.0000% | 8h | 899.79 | +0.092% | $447K | $109K | 10x | as long as short |
| Gate COST_USDTshort | 0.0000% | 8h | 899.05 | +0.010% | $520K | $8K | 25x | |
| Bitget COSTUSDT | 0.0000% | 8h | 898.90 | −0.007% | $403K | $110K | 25x | as long as short |
| SunX COST-USDT | 0.0000% | 8h | 898.30 | −0.074% | $1K | $3.0M | 10x | as long as short |
| HTX COST-USDT | 0.0000% | 8h | 900.42 | +0.162% | $10K | $42K | 10x | as long as short |
| QFEX COST-USD | +0.0005% | 1h | 898.59 | −0.042% | $1.1M | $2.9M | 10x | as long as short |
| Injective COST/USDC PERP | +0.0033% | 1h | 891.98 | −0.777% | $2K | $28K | 12x | as long as short |
| Extended COST-USD | +0.0040% | 1h | 898.25 | −0.079% | — | — | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest COST-USD-PERP | +0.0046% | 1h | 898.77 | −0.022% | — | — | 25x | as long as short |
| tradeXYZ xyz:COST | +0.0050% | 1h | 898.64 | −0.036% | $1.8M | $515K | 20x | as long as short |
| Variational Omni COST | +0.0062% | 8h | 898.72 | −0.027% | $42K | $17K | — | as long as short |
| KuCoin COSTUSDTM | +0.0100% | 8h | 899.00 | +0.004% | $47K | $872K | 20x | as long as short |
| Binance COSTUSDTlong | +0.0174% | 8h | 898.96 | long leg | $1.1M | $929K | 20x |
Binance COSTUSDT
Gate COST_USDT
Aster COSTUSDT
Bybit COSTUSDT
OKX COST-USDT-SWAP
Bitget COSTUSDT
SunX COST-USDT
HTX COST-USDT
Injective COST/USDC PERP
Extended COST-USD
tradeXYZ xyz:COST
Variational Omni COST
KuCoin COSTUSDTM