Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.048%
Price spread now: Binance against Gate+0.103%7-day average +0.201% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$950.948% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 2 days (all we have)+0.393%+$39 · spread now +0.103%, 7d avg +0.201%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.099% cheaper against Gate than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.201%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GS_USDT | 956.80 | 0 | get 0.0000% / 8h | 2h 19m | $226K | $8K | 20x |
| Short | Binance GSUSDT | 957.78 | 0 | get 0.0000% / 8h | 2h 19m | $425K | $384K | 20x |
Gate GS_USDT
Binance GSUSDTFunding 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
- $0
- Price spread: +0.103% → +0.201%
- −$9.86
- Slippage, 4 orders
- −$69.75
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$104.62
- Costs to cover
- 0.948%
- Break-even
- never at this rate
Slippage from Gate: live order book, 22 min ago; Binance: live order book, 12 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 Gate live order book, 22 min ago | 14.12 bp | 27.4 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 5.85 bp | 14.7 bp −$15 | 58.6 bp −$586 | doesn't fit | doesn't fit |
GS on 9 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 GSUSDC | −0.0774% | 4h | 958.39 | +0.166% | $26K | $243K | 10x | as long as short |
| Binance GSUSDTshort | 0.0000% | 8h | 957.78 | +0.103% | $425K | $384K | 20x | |
| Bybit GSUSDT | 0.0000% | 8h | 957.23 | +0.045% | $286K | $43K | 25x | as long as short |
| QFEX GS-USD | 0.0000% | 1h | 957.42 | +0.065% | $1.1M | $2.7M | 10x | as long as short |
| Gate GS_USDTlong | 0.0000% | 8h | 956.80 | long leg | $226K | $8K | 20x | |
| Bitget GSUSDT | 0.0000% | 8h | 958.45 | +0.172% | $356K | $38K | 20x | as long as short |
| GRVT GS_USDT_Perp | 0.0000% | 8h | 957.71 | +0.095% | — | $120K | 10x | as long as short |
| HTX GS-USDT | 0.0000% | 8h | 957.34 | +0.056% | $9K | $37K | 10x | as long as short |
| Injective GS/USDC PERP | +0.0220% | 1h | 978.89 | +2.309% | $11K | $39K | 12x | as long as short |
edgeX GSUSDC
Bybit GSUSDT
QFEX GS-USD
Bitget GSUSDT
GRVT GS_USDT_Perp
HTX GS-USDT
Injective GS/USDC PERP