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: Binance against Gate+0.041%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$308as in the Price arb table
costs, in and out, $10k−$3083.081% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)−0.051%−$5 · spread now +0.041%, 7d avg +0.042%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TER_USDT | 378.00 | 0 | get 0.0000% / 8h | 2h 21m | $293K | $219K | 20x |
| Short | Binance TERUSDT | 378.16 | 0 | get 0.0000% / 8h | 2h 21m | $529K | $874K | 25x |
Gate TER_USDT
Binance TERUSDTFunding 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: +0.041% → +0.042%
- −$0.07
- Slippage, 4 orders
- −$283.12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$308.19
- Costs to cover
- 3.081%
- Break-even
- never at this rate
Slippage from Gate: live order book, 23 min ago; Binance: live order book, 25 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, 23 min ago | 9.24 bp | 187.4 bp −$187 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 25 min ago | 3.56 bp | 20.6 bp −$21 | 94.8 bp −$948 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget TERUSDT | −0.0246% | 8h | 378.82 | +0.217% | $250K | $150K | 20x | as long as short |
| Binance TERUSDTshort | 0.0000% | 8h | 378.16 | +0.041% | $529K | $874K | 25x | |
| Bybit TERUSDT | 0.0000% | 8h | 377.56 | −0.116% | $250K | $180K | 25x | as long as short |
| OKX TER-USDT-SWAP | 0.0000% | 8h | 377.46 | −0.143% | $201K | $171K | 20x | as long as short |
| Gate TER_USDTlong | 0.0000% | 8h | 378.00 | long leg | $293K | $219K | 20x | |
| Variational Omni TER | 0.0000% | 8h | 378.34 | +0.091% | $48K | $52K | — | as long as short |
| Extended TER_24_5-USD | +0.0040% | 1h | 381.83 | +1.015% | $36K | $4K | 10x | as long as short |
| KuCoin TERUSDTM | +0.0100% | 8h | 377.82 | −0.048% | $233K | $89K | 20x | as long as short |
| HTX TER-USDT | +0.0100% | 8h | 378.77 | +0.204% | $4K | $39K | 10x | as long as short |
| Paragon para:TER | +0.0550% | 1h | 378.79 | +0.209% | $121K | $57K | 10x | as long as short |
Bitget TERUSDT
Bybit TERUSDT
OKX TER-USDT-SWAP
Variational Omni TER
Extended TER_24_5-USD
KuCoin TERUSDTM
HTX TER-USDT
Paragon para:TER