Funding you earn now, next payment 08:00 UTC−0.2048%/8h= −224.2% APRnext payment −$10.24 per $10,000 · paid last 24h +0.067%
Price spread now: Binance against Gate−0.068%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$61 a day on $10k at the current rate, and Binance is 0.068% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.052% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.24 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CSOPSKHYNIX2L_USDT | 5.4320 | 0 | get 0.0000% / 4h | 1h 06m | $99K | $53K | 20x |
| Short | Binance CSOPSKHYNIX2LUSDT | 5.4283 | −0.2048 | pay 0.1024% / 4h | 1h 06m | $1.2M | $6.7M | 20x |
Funding 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
- −$430.07
- Price spread: −0.068% → 0.000%
- −$6.79
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$461.86
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Binance: live order book, 2 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 1.85 bp | 13.3 bp −$13 | 54.3 bp −$543 | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CSOPSKHYNIX2L 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CSOPSKHYNIX2L-USDT | −0.2069% | 4h | 5.4310 | −0.018% | — | $195K | 20x | as long as short |
| MEXC CSOPSKHYNIX2L_USDT | −0.2052% | 4h | 5.4280 | −0.074% | $106K | $98K | 10x | as long as short |
| Binance CSOPSKHYNIX2LUSDTshort | −0.2048% | 4h | 5.4283 | −0.068% | $1.2M | $6.7M | 20x | |
| Bybit CSOPSKHYNIX2LUSDT | −0.0173% | 8h | 5.4310 | −0.018% | $94K | $132K | 20x | as long as short |
| OKX CSOPSKHYNIX2L-USDT-SWAP | 0.0000% | 8h | 5.4400 | +0.147% | $144K | $310K | 10x | as long as short |
| Gate CSOPSKHYNIX2L_USDTlong | 0.0000% | 4h | 5.4320 | long leg | $99K | $53K | 20x | |
| HTX CSOPSKHYNIX2L-USDT | 0.0000% | 4h | 5.4280 | −0.074% | $20K | $343K | 10x | as long as short |
Gate CSOPSKHYNIX2L_USDT
Binance CSOPSKHYNIX2LUSDT
BloFin CSOPSKHYNIX2L-USDT
MEXC CSOPSKHYNIX2L_USDT
Bybit CSOPSKHYNIX2LUSDT
OKX CSOPSKHYNIX2L-USDT-SWAP
HTX CSOPSKHYNIX2L-USDT