Funding you earn now, next payment 11:00 UTC−0.1040%/8h= −113.8% APRpaid last 24h +0.185%
Price spread now: tradeXYZ against Gate+0.015%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$31 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SOFTBANK_USDT | 41.280 | 0 | get 0.0000% / 8h | 5h 45m | $5K | $734 | 20x |
| Short | tradeXYZ xyz:SOFTBANK | 41.286 | −0.1040 | pay 0.0130% / 1h | 45m 05s | $1.7M | $539K | 10x |
Gate SOFTBANK_USDT
tradeXYZ xyz:SOFTBANKFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$218.3
- Price spread: +0.015% → 0.000%
- $1.45
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$249.85
- Costs to cover
- 0.330%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; tradeXYZ: live order book, 6 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 tradeXYZ live order book, 6 min ago | 21.92 bp | 59.0 bp −$59 | doesn't fit | 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.
SOFTBANK on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SOFTBANKshort | −0.1040% | 1h | 41.286 | +0.015% | $1.7M | $539K | 10x | |
| OKX SOFTBANK-USDT-SWAP | 0.0000% | 8h | 41.270 | −0.024% | $93K | $239K | 10x | as long as short |
| Gate SOFTBANK_USDTlong | 0.0000% | 8h | 41.280 | long leg | $5K | $734 | 20x | |
| Bitget SOFTBANKUSDT | 0.0000% | 8h | 41.004 | −0.669% | $2.1M | $1.6M | 20x | as long as short |
| HTX SOFTBANK-USDT | 0.0000% | 1h | 41.189 | −0.220% | $6K | $381K | 20x | as long as short |
OKX SOFTBANK-USDT-SWAP
Bitget SOFTBANKUSDT
HTX SOFTBANK-USDT