Funding you earn now, next payment 00:00 UTC−0.0315%/8h= −34.4% APRnext payment −$3.15 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against Binance−0.115%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$262as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2362.361% of the position
Funding, last 7 days−0.255%−$26 on $10k
+Price spread, last 2 days (all we have)+0.396%+$40 · spread now −0.115%, 7d avg +0.058%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.173% cheaper against Binance than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.058%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VRTUSDT | 252.79 | 0.0315 | pay 0.0315% / 8h | 8m 11s | $1.1M | $1.0M | 25x |
| Short | Gate VRT_USDT | 252.50 | 0 | get 0.0000% / 8h | 8m 11s | $139K | $20K | 20x |
Binance VRTUSDT
Gate VRT_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
- −$66.05
- Price spread: −0.115% → +0.058%
- −$17.28
- Slippage, 4 orders
- −$211.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$319.41
- Costs to cover
- 2.361%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Gate: live order book, 62 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, 9 min ago | 1.38 bp | 16.9 bp −$17 | 62.0 bp −$620 | doesn't fit | doesn't fit |
| Sell Gate live order book, 62 min ago | 13.88 bp | 92.5 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
VRT 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit VRTUSDT | 0.0000% | 8h | 252.69 | −0.040% | $450K | $136K | 25x | as long as short |
| Gate VRT_USDTshort | 0.0000% | 8h | 252.50 | −0.115% | $139K | $20K | 20x | |
| Bitget VRTUSDT | 0.0000% | 8h | 252.70 | −0.036% | $472K | $161K | 20x | as long as short |
| SunX VRT-USDT | 0.0000% | 8h | 252.49 | −0.119% | $959 | $536K | 10x | as long as short |
| HTX VRT-USDT | 0.0000% | 8h | 252.68 | −0.044% | $9K | $41K | 10x | as long as short |
| Injective VRT/USDC PERP | +0.0033% | 1h | 249.42 | −1.333% | $9K | $50 | 12x | as long as short |
| OKX VRT-USDT-SWAP | +0.0166% | 8h | 252.83 | +0.016% | $254K | $155K | 20x | as long as short |
| KuCoin VRTUSDTM | +0.0170% | 8h | 252.33 | −0.182% | $107K | $35K | 20x | as long as short |
| Binance VRTUSDTlong | +0.0315% | 8h | 252.79 | long leg | $1.1M | $1.0M | 25x |
Bybit VRTUSDT
Bitget VRTUSDT
SunX VRT-USDT
HTX VRT-USDT
Injective VRT/USDC PERP
OKX VRT-USDT-SWAP
KuCoin VRTUSDTM