Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.047%
Price spread now: Binance against Gate+0.051%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$275as in the Funding arb table
Net, price: spread back to 7d avg − costs−$268as in the Price arb table
costs, in and out, $10k−$2782.779% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days−0.111%−$11 · spread now +0.051%, 7d avg −0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.099% dearer against Gate than usual: you sell high and buy low, +$10 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 | Gate TENCENT_USDT | 58.540 | 0 | get 0.0000% / 8h | 4h 26m | $1.7M | $613K | 25x |
| Short | Binance TENCENTUSDT | 58.570 | 0 | get 0.0000% / 4h | 26m 10s | $2.8M | $4.0M | 25x |
Gate TENCENT_USDT
Binance TENCENTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: +0.051% → −0.048%
- $9.88
- Slippage, 4 orders
- −$252.92
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$268.04
- Costs to cover
- 2.779%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 10 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 Gate live order book, 1 min ago | 10.25 bp | 201.3 bp −$201 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.71 bp | 16.3 bp −$16 | 59.6 bp −$596 | 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 | 58.564 | +0.040% | $46K | $11K | 20x | as long as short |
| Binance TENCENTUSDTshort | 0.0000% | 4h | 58.570 | +0.051% | $2.8M | $4.0M | 25x | |
| Bybit TENCENTUSDT | 0.0000% | 8h | 58.520 | −0.034% | $246K | $252K | 25x | as long as short |
| Gate TENCENT_USDTlong | 0.0000% | 8h | 58.540 | long leg | $1.7M | $613K | 25x | |
| Bitget TENCENTUSDT | 0.0000% | 8h | 58.530 | −0.017% | $1.2M | $2.9M | 20x | as long as short |
| HTX TENCENT-USDT | 0.0000% | 4h | 58.620 | +0.137% | $10K | $40K | 10x | as long as short |
| KuCoin TENCENTUSDTM | +0.0100% | 4h | 58.540 | 0.000% | $124K | $680K | 20x | as long as short |
| Lighter TENCENT | +0.0552% | 1h | 58.793 | +0.432% | $68K | $4K | 10x | as long as short |
| edgeX TENCENTUSDC | +0.0706% | 4h | 58.450 | −0.154% | $121K | $212K | 10x | as long as short |
Aster TENCENTUSDT
Bybit TENCENTUSDT
Bitget TENCENTUSDT
HTX TENCENT-USDT
KuCoin TENCENTUSDTM
Lighter TENCENT
edgeX TENCENTUSDC