4

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h −0.037%

Price spread now: Binance against Gate+0.052%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$904as in the Funding arb table

Net, price: spread back to 7d avg − costs−$876as in the Price arb table

costs, in and out, $10k−$8788.775% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.264%−$26 on $10k

Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.052%, 7d avg +0.040%

Together, before fees−0.223%−$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.264%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate 4_USDT	0.02025	0.0336	pay 0.0168% / 4h	1h 34m	$542K	$281K	20x
Short	Binance 4USDT	0.02027	0.0345	get 0.0173% / 4h	1h 34m	$7.8M	$12.5M	20x

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

Position, each leg$Hold fordaysFee GatebpFee BinancebpOrdersPrice spread, now +0.052%Rate

Funding earned: $1.94
Price spread: +0.052% → +0.040%: $1.27
Slippage, 4 orders: −$852.51
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$874.3
Costs to cover: 8.775%
Break-even: 3161.0 days

Slippage from Gate: live order book, 27 min ago; Binance: live order book, 6 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, 27 min ago	6.86 bp	430.8 bp −$431	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	2.49 bp	29.6 bp −$30	133.3 bp −$1,333	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	0.02026	+0.040%	$46K	$9K	—	as long as short
SunX 4-USDT	+0.0100%	4h	0.02030	+0.222%	$2K	$1.2M	20x	as long as short
Bybit 4USDT	+0.0155%	4h	0.02025	−0.015%	$2.6M	$1.9M	5x	as long as short
Gate 4_USDTlong	+0.0336%	4h	0.02025	long leg	$542K	$281K	20x
MEXC 4_USDT	+0.0344%	4h	0.02026	+0.025%	$1.6M	$912K	100x	as long as short
Binance 4USDTshort	+0.0345%	4h	0.02027	+0.052%	$7.8M	$12.5M	20x
Aster 4USDT	+0.0352%	4h	0.02026	+0.014%	$244K	$114K	5x	as long as short
BingX 4-USDT	+0.0356%	4h	0.02030	+0.207%	—	$1.4M	—	as long as short
KuCoin 4USDTM	+0.0688%	4h	0.02032	+0.321%	$857K	$12.6M	20x	as long as short