Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.043%
Price spread now: Arcus against Gate−0.198%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Arcus is 0.198% cheaper against Gate than usual: you would sell low and buy high (spread −0.198% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 16 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GLD_USDT | 399.40 | 0 | get 0.0000% / 8h | 4h 24m | $48K | $3K | 20x |
| Short | Arcus GLD-USD | 398.61 | 0.0040 | get 0.0005% / 1h | 24m 54s | $302K | $533K | 25x |
Gate GLD_USDT
Arcus GLD-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- $8.46
- Price spread: −0.198% → 0.000%
- −$19.78
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$30.82
- Costs to cover
- 0.195%
- Break-even
- 32.5 days
Slippage unknown: Gate: no order-book sample; Arcus: live order book, 34 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 Arcus live order book, 34 min ago | 3.26 bp | 9.6 bp −$10 | 10.9 bp −$109 | 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.
GLD 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 GLD_USDTlong | 0.0000% | 8h | 399.40 | long leg | $48K | $3K | 20x | |
| Arcus GLD-USDshort | +0.0040% | 1h | 398.61 | −0.198% | $302K | $533K | 25x | |
| Vest GLD-USD-PERP | +0.0046% | 1h | 398.46 | −0.235% | — | — | 25x | as long as short |
| MEXC GLD_USDT | +0.0200% | 8h | 398.56 | −0.210% | $110K | $98K | 20x | as long as short |
| Injective GLD/USDC PERP | +0.0220% | 1h | 437.93 | +9.647% | $3K | $93 | 52x | as long as short |
Vest GLD-USD-PERP
MEXC GLD_USDT
Injective GLD/USDC PERP