Funding you earn now, next payment 12:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.123%
Price spread now: Binance against Gate−0.245%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$645as in the Funding arb table
Net, price: spread back to 7d avg − costs−$701as in the Price arb table
costs, in and out, $10k−$6896.890% of the position
Funding, last 7 days+0.445%+$44 on $10k
+Price spread, last 4 days (all we have)+0.330%+$33 · spread now −0.245%, 7d avg −0.127%
=Funding pays, the price is against you. Binance is 0.117% cheaper against Gate than usual: you would sell low and buy high (spread −0.245% now, against its 7-day average of −0.127%). If the spread goes back, that is −$12 on $10k: about 3.8 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.445% in total) that is about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MEITUAN_USDT | 9.3770 | 0 | get 0.0000% / 8h | 7h 02m | $269K | $17K | 25x |
| Short | Binance MEITUANUSDT | 9.3541 | 0.0104 | get 0.0052% / 4h | 3h 02m | $1.2M | $614K | 20x |
Gate MEITUAN_USDT
Binance MEITUANUSDTFunding 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
- $21.91
- Price spread: −0.245% → −0.127%
- −$11.75
- Slippage, 4 orders
- −$663.97
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$678.81
- Costs to cover
- 6.890%
- Break-even
- 223.9 days
Slippage from Gate: live order book, 24 min ago; Binance: live order book, 15 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, 24 min ago | 29.24 bp | 340.3 bp −$340 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 5.34 bp | 29.0 bp −$29 | 233.4 bp −$2,334 | doesn't fit | doesn't fit |
MEITUAN 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MEITUANUSDT | 0.0000% | 8h | 9.3600 | −0.181% | $3K | $262 | 20x | as long as short |
| Bybit MEITUANUSDT | 0.0000% | 8h | 9.3700 | −0.075% | $49K | $5K | 25x | as long as short |
| Gate MEITUAN_USDTlong | 0.0000% | 8h | 9.3770 | long leg | $269K | $17K | 25x | |
| HTX MEITUAN-USDT | 0.0000% | 4h | 9.4000 | +0.245% | $6K | $2K | 10x | as long as short |
| Bitget MEITUANUSDT | +0.0093% | 8h | 9.3730 | −0.043% | $351K | $194K | 5x | as long as short |
| KuCoin MEITUANUSDTM | +0.0100% | 4h | 9.3350 | −0.448% | $19K | $2.8M | 20x | as long as short |
| Binance MEITUANUSDTshort | +0.0104% | 4h | 9.3541 | −0.245% | $1.2M | $614K | 20x | |
| edgeX MEITUANUSDC | +0.0115% | 4h | 9.3535 | −0.250% | $10K | $222K | 10x | as long as short |
Aster MEITUANUSDT
Bybit MEITUANUSDT
HTX MEITUAN-USDT
Bitget MEITUANUSDT
KuCoin MEITUANUSDTM
edgeX MEITUANUSDC