Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Gate against Extended−0.348%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.348% cheaper against Extended than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended GFS-USD | 48.800 | 0.0040 | pay 0.0005% / 1h | 59m 55s | — | $3K | 10x |
| Short | Gate GFS_USDT | 48.630 | 0 | get 0.0000% / 8h | 2h 59m | $26K | $6K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- −$8.4
- Price spread: −0.348% → 0.000%
- −$34.84
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$63.24
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Gate: no order-book sample. 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 Extended no order-book sample | — | — | — | — | — |
| Sell Gate no order-book sample | — | — | — | — | — |
Extended and 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.
GFS on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GFS_USDTshort | 0.0000% | 8h | 48.630 | −0.348% | $26K | $6K | 20x | |
| Bitget GFSUSDT | 0.0000% | 8h | 48.541 | −0.531% | $28K | $11K | 20x | as long as short |
| SunX GFS-USDT | 0.0000% | 8h | 48.760 | −0.082% | — | $2.3M | 10x | as long as short |
| HTX GFS-USDT | 0.0000% | 8h | 48.770 | −0.061% | $2K | $367K | 20x | as long as short |
| Extended GFS-USDlong | +0.0040% | 1h | 48.800 | long leg | — | $3K | 10x |
Extended GFS-USD
Gate GFS_USDT
Bitget GFSUSDT
SunX GFS-USDT
HTX GFS-USDT