Funding you earn now, next payment 08:00 UTC+0.1531%/8h= +167.7% APRnext payment +$7.66 per $10,000 · paid last 24h +0.009%
Price spread now: Gate against Binance−0.104%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2362.360% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 2 days (all we have)+0.090%+$9 · spread now −0.104%, 7d avg +0.024%
=Funding pays, the price is against you. Gate is 0.127% cheaper against Binance than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of +0.024%). If the spread goes back, that is −$13 on $10k: about 7 hours of funding at the current rate (+$46 a day). At the pace of the last 7 days (+0.106% in total) that is about 8.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.106% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.66 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 | Binance LGELECTRONICSUSDT | 157.44 | −0.4751 | get 0.2376% / 4h | 2h 21m | $112K | $769K | 20x |
| Short | Gate LGELECTRONICS_USDT | 157.28 | −0.3220 | pay 0.1610% / 4h | 2h 21m | $108K | $63K | 20x |
Binance LGELECTRONICSUSDT
Gate LGELECTRONICS_USDTFunding 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
- $321.53
- Price spread: −0.104% → +0.024%
- −$12.71
- Slippage, 4 orders
- −$211.03
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $72.79
- Costs to cover
- 2.360%
- Break-even
- 5.4 days
Slippage from Binance: live order book, 10 min ago; Gate: live order book, 35 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, 10 min ago | 2.22 bp | 52.1 bp −$52 | 292.3 bp −$2,923 | doesn't fit | doesn't fit |
| Sell Gate live order book, 35 min ago | 0.63 bp | 18.1 bp −$18 | 53.2 bp −$532 | doesn't fit | doesn't fit |
LGELECTRONICS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LGELECTRONICSUSDT | −0.4774% | 8h | 157.80 | +0.227% | $241K | $756K | 20x | as long as short |
| MEXC LGELECTRONICS_USDT | −0.4754% | 4h | 157.76 | +0.201% | $237K | $133K | 20x | as long as short |
| Binance LGELECTRONICSUSDTlong | −0.4751% | 4h | 157.44 | long leg | $112K | $769K | 20x | |
| GRVT LGELECTRONICS_USDT_Perp | −0.4534% | 4h | 157.32 | −0.075% | $480 | $175K | 10x | as long as short |
| Gate LGELECTRONICS_USDTshort | −0.3220% | 4h | 157.28 | −0.104% | $108K | $63K | 20x | |
| OKX LGELECTRONICS-USDT-SWAP | −0.2887% | 8h | 157.45 | +0.004% | $106K | $101K | 20x | as long as short |
| Bybit LGELECTRONICSUSDT | −0.1776% | 8h | 156.97 | −0.300% | $40K | $55K | 25x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 157.17 | −0.173% | $9K | $38K | 10x | as long as short |
| edgeX LGELUSDC | +0.0590% | 4h | 157.08 | −0.231% | $13K | $216K | 10x | as long as short |
Bitget LGELECTRONICSUSDT
MEXC LGELECTRONICS_USDT
GRVT LGELECTRONICS_USDT_Perp
OKX LGELECTRONICS-USDT-SWAP
Bybit LGELECTRONICSUSDT
HTX LGELECTRONICS-USDT
edgeX LGELUSDC