Funding you earn now, next payment 16:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h —
Price spread now: Binance against Gate+0.476%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.476% dearer against Gate than usual: you sell high and buy low (spread +0.476% now, against zero (this spread has no 7-day history yet)): +$48 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 32 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MOONSHOT_USDT | 67.650 | 0.0100 | pay 0.0100% / 8h | 6h 32m | $20K | $47K | 10x |
| Short | Binance MOONSHOTUSDT | 67.972 | 0.0050 | get 0.0050% / 8h | 6h 32m | $653K | $4.7M | 20x |
Gate MOONSHOT_USDT
Binance MOONSHOTUSDTFunding 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
- −$10.5
- Price spread: +0.476% → 0.000%
- $47.6
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $12.1
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Gate: no order-book sample; Binance: live order book, 12 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 Binance live order book, 12 min ago | 6.40 bp | 29.1 bp −$29 | 105.8 bp −$1,058 | 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.
MOONSHOT on 6 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MOONSHOTUSDT | 0.0000% | 8h | 68.120 | +0.695% | $348K | $192K | 10x | as long as short |
| OKX MOONSHOT-USDT-SWAP | 0.0000% | 8h | 67.880 | +0.340% | $347K | $456K | 5x | as long as short |
| Bitget MOONSHOTUSDT | 0.0000% | 8h | 67.640 | −0.015% | $1.3M | $3.4M | 10x | as long as short |
| Binance MOONSHOTUSDTshort | +0.0050% | 8h | 67.972 | +0.476% | $653K | $4.7M | 20x | |
| HTX MOONSHOT-USDT | +0.0050% | 8h | 67.980 | +0.488% | $183 | $924 | 20x | as long as short |
| Gate MOONSHOT_USDTlong | +0.0100% | 8h | 67.650 | long leg | $20K | $47K | 10x |
Bybit MOONSHOTUSDT
OKX MOONSHOT-USDT-SWAP
Bitget MOONSHOTUSDT
HTX MOONSHOT-USDT