Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.103%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$246as in the Funding arb table
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$2462.458% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)+0.068%+$7 · spread now −0.103%, 7d avg −0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.060% 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 −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TERUSDT | 387.60 | 0 | get 0.0000% / 8h | 4h 48m | $536K | $708K | 25x |
| Short | Gate TER_USDT | 387.20 | 0 | get 0.0000% / 8h | 4h 48m | $297K | $206K | 20x |
Binance TERUSDT
Gate TER_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: −0.103% → −0.043%
- −$5.98
- Slippage, 4 orders
- −$220.77
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$251.75
- Costs to cover
- 2.458%
- Break-even
- never at this rate
Slippage from Binance: live order book, 29 min ago; Gate: live order book, 6 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, 29 min ago | 10.85 bp | 28.6 bp −$29 | 94.7 bp −$947 | doesn't fit | doesn't fit |
| Sell Gate live order book, 6 min ago | 12.91 bp | 108.7 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
TER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:TER | −0.0437% | 1h | 386.63 | −0.250% | $123K | $57K | 10x | as long as short |
| Binance TERUSDTlong | 0.0000% | 8h | 387.60 | long leg | $536K | $708K | 25x | |
| Bybit TERUSDT | 0.0000% | 8h | 386.96 | −0.165% | $258K | $167K | 25x | as long as short |
| OKX TER-USDT-SWAP | 0.0000% | 8h | 387.67 | +0.018% | $206K | $168K | 20x | as long as short |
| Gate TER_USDTshort | 0.0000% | 8h | 387.20 | −0.103% | $297K | $206K | 20x | |
| Bitget TERUSDT | 0.0000% | 8h | 386.49 | −0.286% | $256K | $139K | 20x | as long as short |
| Variational Omni TER | 0.0000% | 8h | 387.40 | −0.051% | $54K | $49K | — | as long as short |
| Extended TER_24_5-USD | +0.0040% | 1h | 386.89 | −0.182% | $36K | $4K | 10x | as long as short |
| KuCoin TERUSDTM | +0.0100% | 8h | 387.08 | −0.134% | $242K | $88K | 20x | as long as short |
| HTX TER-USDT | +0.0100% | 8h | 387.47 | −0.033% | $3K | $38K | 10x | as long as short |
Paragon para:TER
Bybit TERUSDT
OKX TER-USDT-SWAP
Bitget TERUSDT
Variational Omni TER
Extended TER_24_5-USD
KuCoin TERUSDTM
HTX TER-USDT