Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | BinanceOURAUSDT | 51.450 | +0.0050 | pay 0.0050% / 8h | 5h 22m | $811K | $3.4M | 20x | Long Binance |
| SHORT | GateOURA_USDT | 52.490 | 0 | get 0.0000% / 8h | 5h 22m | $598K | $390K | 10x | Short Gate |
Price gap+2.021%
Funding gap−0.0050% /8h
The gap pays +$141 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 3 months.
Funding you earn now−0.0050% /8hpaid last 24h −0.015% · next 16:00 UTC
Price spread now+2.021%7d average +0.614% · you sell dearer than you buy
Net 7d · $10k—Paid 7d −$21d − costs $580 · under 7 days of funding history
Net, price · $10k−$440spread back to 7d avg − costs · as in Price arb
Costs, in and out · $10k−$5805.802% of a $10k position
Funding, last
1 day, all we have−0.020%−$2 on $10kPrice spread, last 1 day of 7D (all we have)−2.734%−$273 · now +2.021%, avg +0.614%
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Gate price against Binancenow
RANGE STATS · 7D
Now+2.021%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hOURA on 12 exchanges
lowest funding first| Exchange | Funding /8h | Every | Price | vs long leg | OI | Vol 24h | Lev | KYC | Use as | |
|---|---|---|---|---|---|---|---|---|---|---|
| LighterOURA | −0.0216% · 1h | 1h | 52.395 | +1.837% | $110K | $197K | 5x | No | 52.395 · +1.837% · OI $110K · 5x · KYC No | longshort |
| QFEXOURA-USD | −0.0014% · 1h | 1h | 51.450 | 0.000% | $1.1M | $566K | 10x | No | 51.450 · 0.000% · OI $1.1M · 10x · KYC No | longshort |
| OKXOURA-USDT-SWAP | 0.0000% · 8h | 8h | 51.401 | −0.095% | $132K | $1.1M | 20x | Yes | 51.401 · −0.095% · OI $132K · 20x · KYC Yes | longshort |
| GateOURA_USDT | 0.0000% · 8h | 8h | 52.490 | +2.021% | $598K | $390K | 10x | Yes | 52.490 · +2.021% · OI $598K · 10x · KYC Yes | SHORT |
| BitgetOURAUSDT | 0.0000% · 8h | 8h | 51.252 | −0.385% | $1.6M | $10.0M | 20x | Yes | 51.252 · −0.385% · OI $1.6M · 20x · KYC Yes | longshort |
| SunXOURA-USDT | 0.0000% · 8h | 8h | 51.210 | −0.466% | — | $2.2M | 10x | No | 51.210 · −0.466% · OI — · 10x · KYC No | longshort |
| HTXOURA-USDT | 0.0000% · 8h | 8h | 51.580 | +0.253% | $12K | $393K | 10x | Limited | 51.580 · +0.253% · OI $12K · 10x · KYC Limited | longshort |
| tradeXYZxyz:OURA | 0.0000% · 1h | 1h | 51.309 | −0.274% | $226K | $1.0M | 5x | No | 51.309 · −0.274% · OI $226K · 5x · KYC No | longshort |
| BloFinOURA-USDT | +0.0034% · 8h | 8h | 51.370 | −0.155% | $47K | $26K | 20x | Limited | 51.370 · −0.155% · OI $47K · 20x · KYC Limited | longshort |
| AsterOURAUSD1 | +0.0050% · 8h | 8h | 51.146 | −0.591% | $101K | $73K | 20x | No | 51.146 · −0.591% · OI $101K · 20x · KYC No | longshort |
| BinanceOURAUSDT | +0.0050% · 8h | 8h | 51.450 | long leg | $811K | $3.4M | 20x | Yes | 51.450 · long leg · OI $811K · 20x · KYC Yes | LONG |
| KuCoinOURAUSDTM | +0.0050% · 8h | 8h | 51.760 | +0.603% | $15K | $3.3M | 20x | Yes | 51.760 · +0.603% · OI $15K · 20x · KYC Yes | longshort |
Before you open
2 ok · 3 to watch- Watch: Thin at this size29.4 / 104.4 bpAt $10k Gate’s book costs 104.4 bp to enter, 3.5× Binance’s.
- Note: Margin at max leverage$500 + $1,000Binance 20x, Gate 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.50Long Binance: 3 payments, −$1.50; short Gate: 3 payments, $0.00.
- OK: Entry gap works for you+2.021% vs +0.614%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$598K vs $811K OIGate sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · Gate YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0046%/8h × 21 periods−$9.70
Price spread+2.021% → +0.614% (7d avg)+$140.71
Slippage, 4 orderslive order books−$555.22
Fee Binance bp × 2 orders−$10.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$449.21
Costs to cover5.802%Break-evennever at this rate
Slippage: Binance: live order book, 7 min ago; Gate: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance3.8929.4 bp−$29120.4 bp−$1,204doesn’t fitdoesn’t fit
SELL · SHORTGate27.70104.4 bp−$104doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.