Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.021%
Price spread now: Gate against tradeXYZ−0.076%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.076% cheaper against tradeXYZ than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NET | 353.37 | 0.0050 | pay 0.0006% / 1h | 29m 39s | $385K | $193K | 10x |
| Short | Gate NET_USDT | 353.10 | 0 | get 0.0000% / 8h | 5h 29m | $40K | $6K | 20x |
tradeXYZ xyz:NET
Gate NET_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against tradeXYZ. 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: −0.076% → 0.000%
- −$7.64
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$51.14
- Costs to cover
- 0.330%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 7 min ago; Gate: no order-book sample. 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 tradeXYZ live order book, 7 min ago | 15.83 bp | 50.7 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
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.
NET on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance NETUSDT | 0.0000% | 8h | 353.94 | +0.162% | $362K | $771K | 20x | as long as short |
| Bybit NETUSDT | 0.0000% | 8h | 353.87 | +0.141% | $385K | $108K | 25x | as long as short |
| OKX NET-USDT-SWAP | 0.0000% | 8h | 353.37 | 0.000% | $177K | $101K | 20x | as long as short |
| Gate NET_USDTshort | 0.0000% | 8h | 353.10 | −0.076% | $40K | $6K | 20x | |
| Bitget NETUSDT | 0.0000% | 8h | 353.38 | +0.003% | $184K | $569K | 20x | as long as short |
| HTX NET-USDT | 0.0000% | 8h | 352.76 | −0.173% | $9K | $344K | 20x | as long as short |
| tradeXYZ xyz:NETlong | +0.0050% | 1h | 353.37 | long leg | $385K | $193K | 10x | |
| Paragon para:NET | +0.0060% | 1h | 352.24 | −0.320% | $175K | $37K | 10x | as long as short |
| Phoenix NET | +0.0136% | 1h | 353.88 | +0.144% | $165 | $85K | 10x | as long as short |
| edgeX NETUSDC | +0.0945% | 4h | 353.64 | +0.075% | $37K | $327K | 10x | as long as short |
Binance NETUSDT
Bybit NETUSDT
OKX NET-USDT-SWAP
Bitget NETUSDT
HTX NET-USDT
Paragon para:NET
Phoenix NET
edgeX NETUSDC