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+0.080%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$255as in the Price arb table
costs, in and out, $10k−$2652.650% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 2 days (all we have)0.000%$0 · spread now +0.080%, 7d avg −0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.103% dearer against Binance than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GDXUSDT | 94.504 | 0 | get 0.0000% / 8h | 5h 14m | $410K | $242K | 20x |
| Short | Gate GDX_USDT | 94.580 | 0 | get 0.0000% / 8h | 5h 14m | $168K | $149K | 20x |
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
- $0
- Price spread: +0.080% → −0.023%
- $10.29
- Slippage, 4 orders
- −$240.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$254.72
- Costs to cover
- 2.650%
- Break-even
- never at this rate
Slippage from Binance: live order book, 62 min ago; Gate: live order book, 41 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, 62 min ago | 3.69 bp | 22.4 bp −$22 | 87.3 bp −$873 | doesn't fit | doesn't fit |
| Sell Gate live order book, 41 min ago | 13.23 bp | 95.9 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
GDX 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX GDXUSDC | −0.0031% | 4h | 94.619 | +0.121% | $96K | $226K | 10x | as long as short |
| Binance GDXUSDTlong | 0.0000% | 8h | 94.504 | long leg | $410K | $242K | 20x | |
| Bybit GDXUSDT | 0.0000% | 8h | 94.500 | −0.004% | $242K | $40K | 25x | as long as short |
| Gate GDX_USDTshort | 0.0000% | 8h | 94.580 | +0.080% | $168K | $149K | 20x | |
| MEXC GDX_USDT | 0.0000% | 8h | 94.540 | +0.038% | $845K | $87K | 20x | as long as short |
| Bitget GDXUSDT | 0.0000% | 8h | 94.530 | +0.027% | $248K | $351K | 20x | as long as short |
| HTX GDX-USDT | 0.0000% | 8h | 94.570 | +0.070% | $8K | $323K | 20x | as long as short |
| Vest GDX-USD-PERP | +0.0046% | 1h | 94.620 | +0.123% | — | — | 25x | as long as short |
Binance GDXUSDT
Gate GDX_USDT
edgeX GDXUSDC
Bybit GDXUSDT
MEXC GDX_USDT
Bitget GDXUSDT
HTX GDX-USDT