Settings8H · net · $10k
Funding arb · Price arb /

COST

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.242%−$24 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance COSTUSDT898.960.0174pay 0.0174% / 8h5h 34m$1.1M$929K20x
ShortGate COST_USDT899.050get 0.0000% / 8h5h 34m$520K$8K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago1.61 bp6.7 bp −$739.1 bp −$391doesn't fitdoesn't fit
Sell Gate live order book, 27 min ago7.68 bp16.0 bp −$16doesn't fitdoesn't fitdoesn't fit

COST on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COSTUSDT0.0000%8h898.970.000%$45K$17820xas long as short
Bybit COSTUSDT0.0000%8h898.90−0.007%$491K$218K25xas long as short
OKX COST-USDT-SWAP0.0000%8h899.79+0.092%$447K$109K10xas long as short
Gate COST_USDTshort0.0000%8h899.05+0.010%$520K$8K25x
Bitget COSTUSDT0.0000%8h898.90−0.007%$403K$110K25xas long as short
SunX COST-USDT0.0000%8h898.30−0.074%$1K$3.0M10xas long as short
HTX COST-USDT0.0000%8h900.42+0.162%$10K$42K10xas long as short
QFEX COST-USD+0.0005%1h898.59−0.042%$1.1M$2.9M10xas long as short
Injective COST/USDC PERP+0.0033%1h891.98−0.777%$2K$28K12xas long as short
Extended COST-USD+0.0040%1h898.25−0.079%10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest COST-USD-PERP+0.0046%1h898.77−0.022%25xas long as short
tradeXYZ xyz:COST+0.0050%1h898.64−0.036%$1.8M$515K20xas long as short
Variational Omni COST+0.0062%8h898.72−0.027%$42K$17Kas long as short
KuCoin COSTUSDTM+0.0100%8h899.00+0.004%$47K$872K20xas long as short
Binance COSTUSDTlong+0.0174%8h898.96long leg$1.1M$929K20x