Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.047%
Price spread now: Gate against Binance−0.014%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2452.448% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 7 days+0.073%+$7 · spread now −0.014%, 7d avg +0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.061% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TENCENTUSDT | 58.698 | 0 | get 0.0000% / 4h | 45m 16s | $2.9M | $3.8M | 25x |
| Short | Gate TENCENT_USDT | 58.690 | 0 | get 0.0000% / 8h | 4h 45m | $1.7M | $603K | 25x |
Binance TENCENTUSDT
Gate TENCENT_USDTFunding 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
- $0
- Price spread: −0.014% → +0.048%
- −$6.14
- Slippage, 4 orders
- −$219.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$250.92
- Costs to cover
- 2.448%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Gate: live order book, 2 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, 6 min ago | 2.56 bp | 16.5 bp −$16 | 58.9 bp −$589 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.71 bp | 17.8 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
TENCENT on 9 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 TENCENTUSDT | 0.0000% | 8h | 58.651 | −0.081% | $46K | $10K | 20x | as long as short |
| Binance TENCENTUSDTlong | 0.0000% | 4h | 58.698 | long leg | $2.9M | $3.8M | 25x | |
| Bybit TENCENTUSDT | 0.0000% | 8h | 58.670 | −0.048% | $247K | $252K | 25x | as long as short |
| Gate TENCENT_USDTshort | 0.0000% | 8h | 58.690 | −0.014% | $1.7M | $603K | 25x | |
| Bitget TENCENTUSDT | 0.0000% | 8h | 58.660 | −0.065% | $1.2M | $2.8M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 58.680 | −0.031% | $10K | $40K | 10x | as long as short |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 58.650 | −0.082% | $124K | $679K | 20x | as long as short |
| edgeX TENCENTUSDC | +0.0442% | 4h | 58.598 | −0.171% | $121K | $211K | 10x | as long as short |
| Lighter TENCENT | +0.0752% | 1h | 58.928 | +0.392% | $69K | $4K | 10x | as long as short |
Aster TENCENTUSDT
Bybit TENCENTUSDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
KuCoin TENCENTUSDTM
edgeX TENCENTUSDC
Lighter TENCENT