Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.104%
Price spread now: Gate against Binance+0.099%7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1381.377% of the position
Funding, last 7 days−0.353%−$35 on $10k
+Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.099%, 7d avg −0.073%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.172% dearer against Binance than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZHONGJIUSDT | 161.69 | 0 | get 0.0000% / 4h | 1h 28m | $4.2M | $10.5M | 20x |
| Short | Gate ZHONGJI_USDT | 161.85 | 0 | get 0.0000% / 4h | 1h 28m | $257K | $168K | 20x |
Funding 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
- $0
- Price spread: +0.099% → −0.073%
- $17.19
- Slippage, 4 orders
- −$112.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$120.53
- Costs to cover
- 1.377%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Gate: live order book, 28 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, 11 min ago | 2.46 bp | 14.1 bp −$14 | 45.8 bp −$458 | doesn't fit | doesn't fit |
| Sell Gate live order book, 28 min ago | 4.29 bp | 57.3 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
ZHONGJI on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ZHONGJIUSDC | −0.0393% | 4h | 162.31 | +0.383% | $65K | $373K | 10x | as long as short |
| Binance ZHONGJIUSDTlong | 0.0000% | 4h | 161.69 | long leg | $4.2M | $10.5M | 20x | |
| Bybit ZHONGJIUSDT | 0.0000% | 8h | 161.65 | −0.025% | $78K | $59K | 25x | as long as short |
| Gate ZHONGJI_USDTshort | 0.0000% | 4h | 161.85 | +0.099% | $257K | $168K | 20x | |
| HTX ZHONGJI-USDT | 0.0000% | 4h | 161.73 | +0.025% | $31K | $361K | 20x | as long as short |
| Bitget ZHONGJIUSDT | +0.0001% | 8h | 161.48 | −0.130% | $607K | $792K | 20x | as long as short |
| KuCoin ZHONGJIUSDTM | +0.0100% | 4h | 161.69 | 0.000% | $62K | $89K | 20x | as long as short |
| OKX ZHONGJI-USDT-SWAP | +0.0613% | 8h | 161.90 | +0.130% | $1.8M | $4.5M | 20x | as long as short |
Binance ZHONGJIUSDT
Gate ZHONGJI_USDT
edgeX ZHONGJIUSDC
Bybit ZHONGJIUSDT
HTX ZHONGJI-USDT
Bitget ZHONGJIUSDT
KuCoin ZHONGJIUSDTM
OKX ZHONGJI-USDT-SWAP