Settings8H · net · $10k
Funding arb · Price arb /

URNM

RWAall URNM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0335%/8h= +36.7% APRnext payment +$3.35 per $10,000 · paid last 24h +0.102%
Price spread now: Binance against Gate−0.049%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.102%+$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Binance is 0.049% cheaper against Gate than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 12 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.102% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.102% in total (about 5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate URNM_USDT52.1000get 0.0000% / 8h5h 34m$81K$3K20x
ShortBinance URNMUSDT52.0750.0335get 0.0335% / 8h5h 34m$725K$802K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$70.34
Price spread: −0.049% → 0.000%
−$4.86
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
$40.48
Costs to cover
0.250%
Break-even
3.0 days
Slippage unknown: Gate: no order-book sample; Binance: live order book, 43 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate no order-book sample
Sell Binance live order book, 43 min ago2.88 bp33.4 bp −$33254.0 bp −$2,540doesn't fitdoesn't fit
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

URNM on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:URNM−0.0233%1h52.046−0.104%$1.4M$423K10xas long as short
Aster URNMUSDT0.0000%8h52.059−0.078%$17K$62920xas long as short
OKX URNM-USDT-SWAP0.0000%8h52.020−0.154%$215K$88K20xas long as short
Gate URNM_USDTlong0.0000%8h52.100long leg$81K$3K20x
GRVT URNM_USDT_Perp0.0000%8h52.050−0.096%$1K$120K10xas long as short
SunX URNM-USDT0.0000%8h52.060−0.077%$1K$1.5M10xas long as short
HTX URNM-USDT0.0000%8h52.000−0.192%$5K$3K10xas long as short
BloFin URNM-USDT+0.0012%8h52.010−0.173%$53K$2K20xas long as short
Ondo Perps URNM-USD.P+0.0050%1h52.090−0.019%$2K$4K5xas long as short
Pacifica URNM+0.0100%1h52.054−0.088%$25K$13K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni URNM+0.0130%8h52.060−0.077%$95K$5Kas long as short
Binance URNMUSDTshort+0.0335%8h52.075−0.049%$725K$802K20x
MEXC URNM_USDT+0.0338%8h52.070−0.058%$407K$135K50xas long as short