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+0.020%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$3013.007% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 2 days (all we have)−0.120%−$12 · spread now +0.020%, 7d avg −0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.052% dearer against Gate than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TXN_USDT | 272.10 | 0 | get 0.0000% / 8h | 4h 26m | $227K | $102K | 20x |
| Short | Binance TXNUSDT | 272.15 | 0 | get 0.0000% / 8h | 4h 26m | $298K | $454K | 25x |
Gate TXN_USDT
Binance TXNUSDTFunding 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: +0.020% → −0.032%
- $5.24
- Slippage, 4 orders
- −$275.73
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$295.48
- Costs to cover
- 3.007%
- Break-even
- never at this rate
Slippage from Gate: live order book, 25 min ago; Binance: live order book, 35 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, 25 min ago | 11.01 bp | 53.9 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 35 min ago | 2.39 bp | 77.7 bp −$78 | 122.7 bp −$1,227 | doesn't fit | doesn't fit |
TXN on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance TXNUSDTshort | 0.0000% | 8h | 272.15 | +0.020% | $298K | $454K | 25x | |
| Bybit TXNUSDT | 0.0000% | 8h | 272.36 | +0.096% | $167K | $60K | 25x | as long as short |
| Gate TXN_USDTlong | 0.0000% | 8h | 272.10 | long leg | $227K | $102K | 20x | |
| Bitget TXNUSDT | 0.0000% | 8h | 272.23 | +0.048% | $154K | $105K | 20x | as long as short |
| Variational Omni TXN | 0.0000% | 8h | 272.18 | +0.030% | $20K | $13K | — | as long as short |
| Extended TXN-USD | +0.0040% | 1h | 271.05 | −0.385% | $41K | $12K | 10x | as long as short |
| HTX TXN-USDT | +0.0100% | 8h | 272.53 | +0.158% | $4K | $37K | 10x | as long as short |
Bybit TXNUSDT
Bitget TXNUSDT
Variational Omni TXN
Extended TXN-USD
HTX TXN-USDT