Funding you earn now, next payment 00:00 UTC+0.0314%/8h= +34.3% APRnext payment +$3.14 per $10,000 · paid last 24h +0.015%
Price spread now: Binance against Gate+0.143%7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as 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)−0.424%−$42 · spread now +0.143%, 7d avg −0.058%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.201% dearer against Gate than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VRT_USDT | 252.40 | 0 | get 0.0000% / 8h | 8m 56s | $139K | $20K | 20x |
| Short | Binance VRTUSDT | 252.76 | 0.0314 | get 0.0314% / 8h | 8m 56s | $1.1M | $1.0M | 25x |
Gate VRT_USDT
Binance VRTUSDTFunding 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
- $65.87
- Price spread: +0.143% → −0.058%
- $20.06
- Slippage, 4 orders
- −$211.08
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$150.15
- Costs to cover
- 2.361%
- Break-even
- 23.0 days
Slippage from Gate: live order book, 61 min ago; Binance: live order book, 9 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, 61 min ago | 13.88 bp | 99.0 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.38 bp | 27.7 bp −$28 | 57.4 bp −$574 | 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 | +0.115% | $450K | $136K | 25x | as long as short |
| Gate VRT_USDTlong | 0.0000% | 8h | 252.40 | long leg | $139K | $20K | 20x | |
| Bitget VRTUSDT | 0.0000% | 8h | 252.63 | +0.091% | $472K | $161K | 20x | as long as short |
| SunX VRT-USDT | 0.0000% | 8h | 252.49 | +0.036% | $959 | $536K | 10x | as long as short |
| HTX VRT-USDT | 0.0000% | 8h | 252.60 | +0.079% | $9K | $41K | 10x | as long as short |
| Injective VRT/USDC PERP | +0.0033% | 1h | 249.42 | −1.181% | $9K | $50 | 12x | as long as short |
| OKX VRT-USDT-SWAP | +0.0163% | 8h | 252.83 | +0.170% | $254K | $155K | 20x | as long as short |
| KuCoin VRTUSDTM | +0.0168% | 8h | 252.28 | −0.048% | $107K | $37K | 20x | as long as short |
| Binance VRTUSDTshort | +0.0314% | 8h | 252.76 | +0.143% | $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