Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.48 per $10,000 · paid last 24h −0.028%
Price spread now: Gate against Binance−0.071%7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2162.157% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)+0.276%+$28 · spread now −0.071%, 7d avg −0.146%
=The price spread pays, funding is against you. Gate is 0.075% dearer against Binance than usual: you sell high and buy low (spread −0.071% now, against its 7-day average of −0.146%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.1 days. At the pace of the last 7 days (−0.029% in total) that is about 18 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONDSUSDT | 7.4293 | 0.0048 | pay 0.0048% / 8h | 3h 58m | $1.5M | $1.4M | 20x |
| Short | Gate ONDS_USDT | 7.4240 | 0 | get 0.0000% / 8h | 3h 58m | $370K | $215K | 20x |
Funding 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
- −$10.14
- Price spread: −0.071% → −0.146%
- $7.46
- Slippage, 4 orders
- −$190.68
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$218.37
- Costs to cover
- 2.157%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Gate: live order book, 57 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, 4 min ago | 2.02 bp | 25.0 bp −$25 | 73.9 bp −$739 | doesn't fit | doesn't fit |
| Sell Gate live order book, 57 min ago | 1.35 bp | 82.2 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
ONDS on 11 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 ONDSUSDT | 0.0000% | 8h | 7.4256 | −0.049% | $2K | $5K | 20x | as long as short |
| Bybit ONDSUSDT | 0.0000% | 8h | 7.4250 | −0.058% | $509K | $153K | 25x | as long as short |
| OKX ONDS-USDT-SWAP | 0.0000% | 8h | 7.4370 | +0.104% | $187K | $120K | 10x | as long as short |
| Gate ONDS_USDTshort | 0.0000% | 8h | 7.4240 | −0.071% | $370K | $215K | 20x | |
| Bitget ONDSUSDT | 0.0000% | 8h | 7.4240 | −0.071% | $894K | $432K | 20x | as long as short |
| GRVT ONDS_USDT_Perp | 0.0000% | 8h | 7.4265 | −0.038% | $2K | $152K | 10x | as long as short |
| SunX ONDS-USDT | 0.0000% | 8h | 7.4200 | −0.125% | $649 | $485K | 10x | as long as short |
| HTX ONDS-USDT | 0.0000% | 8h | 7.4300 | +0.010% | $5K | $1K | 10x | as long as short |
| Vest ONDS-USD-PERP | +0.0046% | 1h | 7.4200 | −0.125% | — | — | 5x | as long as short |
| Binance ONDSUSDTlong | +0.0048% | 8h | 7.4293 | long leg | $1.5M | $1.4M | 20x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ONDSUSDTM | +0.0100% | 8h | 7.4300 | +0.010% | $78K | $623K | 20x | as long as short |
Binance ONDSUSDT
Gate ONDS_USDT
Aster ONDSUSDT
Bybit ONDSUSDT
OKX ONDS-USDT-SWAP
Bitget ONDSUSDT
GRVT ONDS_USDT_Perp
SunX ONDS-USDT
HTX ONDS-USDT
KuCoin ONDSUSDTM