Funding you earn now, next payment 04:00 UTC−0.0139%/8h= −15.2% APRnext payment −$0.69 per $10,000 · paid last 24h +0.033%
Price spread now: Gate against Binance+0.054%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,318as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,334as in the Price arb table
costs, in and out, $10k−$1,34413.437% of the position
Funding, last 7 days+0.260%+$26 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.054%, 7d avg −0.042%
=The price spread pays, funding is against you. Gate is 0.096% dearer against Binance than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.042%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.260%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance 4USDT | 0.02045 | 0.0551 | pay 0.0275% / 4h | 2h 23m | $7.9M | $12.4M | 20x |
| Short | Gate 4_USDT | 0.02046 | 0.0412 | get 0.0206% / 4h | 2h 23m | $550K | $277K | 20x |
Binance 4USDT
Gate 4_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
- −$29.15
- Price spread: +0.054% → −0.042%
- $9.58
- Slippage, 4 orders
- −$1,318.73
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,363.3
- Costs to cover
- 13.437%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Gate: live order book, 43 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, 2 min ago | 2.93 bp | 29.2 bp −$29 | 238.4 bp −$2,384 | doesn't fit | doesn't fit |
| Sell Gate live order book, 43 min ago | 6.48 bp | 508.4 bp −$508 | doesn't fit | doesn't fit | doesn't fit |
4 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni 4 | +0.0100% | 4h | 0.02047 | +0.084% | $46K | $9K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02042 | −0.142% | $2K | $1.2M | 20x | as long as short |
| Gate 4_USDTshort | +0.0412% | 4h | 0.02046 | +0.054% | $550K | $277K | 20x | |
| Aster 4USDT | +0.0463% | 4h | 0.02046 | +0.036% | $245K | $113K | 5x | as long as short |
| BingX 4-USDT | +0.0512% | 4h | 0.02050 | +0.264% | — | $1.4M | — | as long as short |
| MEXC 4_USDT | +0.0550% | 4h | 0.02045 | +0.005% | $1.6M | $911K | 100x | as long as short |
| Binance 4USDTlong | +0.0551% | 4h | 0.02045 | long leg | $7.9M | $12.4M | 20x | |
| Bybit 4USDT | +0.0560% | 4h | 0.02044 | −0.024% | $2.7M | $1.9M | 5x | as long as short |
| KuCoin 4USDTM | +0.0686% | 4h | 0.02044 | −0.044% | $881K | $12.7M | 20x | as long as short |
Variational Omni 4
SunX 4-USDT
Aster 4USDT
BingX 4-USDT
MEXC 4_USDT
Bybit 4USDT
KuCoin 4USDTM