Funding you earn now, next payment 00:00 UTC+0.0378%/8h= +41.4% APRnext payment +$1.89 per $10,000 · paid last 24h +0.107%
Price spread now: Binance against Gate−0.052%7-day average +0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,530as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,571as in the Price arb table
costs, in and out, $10k−$1,55215.521% of the position
Funding, last 7 days+0.225%+$23 on $10k
+Price spread, last 4 days (all we have)+0.256%+$26 · spread now −0.052%, 7d avg +0.135%
=Funding pays, the price is against you. Binance is 0.187% cheaper against Gate than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.135%). If the spread goes back, that is −$19 on $10k: about 40 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.225% in total) that is about 5.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.225% in total (about 11.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.89 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ACU_USDT | 0.1208 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $172K | $15K | 10x |
| Short | Binance ACUUSDT | 0.1207 | 0.0478 | get 0.0239% / 4h | 1h 19m | $2.5M | $1.3M | 10x |
Gate ACU_USDT
Binance ACUUSDTFunding 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
- $79.44
- Price spread: −0.052% → +0.135%
- −$18.71
- Slippage, 4 orders
- −$1,527.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,491.38
- Costs to cover
- 15.521%
- Break-even
- 138.4 days
Slippage from Gate: live order book, 56 min ago; Binance: live order book, 15 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, 56 min ago | 15.31 bp | 582.9 bp −$583 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.07 bp | 33.5 bp −$34 | 194.3 bp −$1,943 | doesn't fit | doesn't fit |
ACU on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ACU-USDT-SWAP | +0.0100% | 4h | 0.1206 | −0.174% | $219K | $272K | 10x | as long as short |
| Gate ACU_USDTlong | +0.0100% | 4h | 0.1208 | long leg | $172K | $15K | 10x | |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1204 | −0.315% | $557K | $31K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1206 | −0.174% | $2K | $1.1M | 20x | as long as short |
| Aster ACUUSDT | +0.0240% | 4h | 0.1207 | −0.070% | $2K | $4K | 5x | as long as short |
| Bitget ACUUSDT | +0.0330% | 4h | 0.1210 | +0.174% | $253K | $234K | 10x | as long as short |
| MEXC ACU_USDT | +0.0470% | 4h | 0.1207 | −0.058% | $13.7M | $345K | 50x | as long as short |
| Binance ACUUSDTshort | +0.0478% | 4h | 0.1207 | −0.052% | $2.5M | $1.3M | 10x | |
| BloFin ACU-USDT | +0.0512% | 4h | 0.1207 | −0.066% | $118K | $59K | 10x | as long as short |
| BingX ACU-USDT | +0.1668% | 4h | 0.1207 | −0.066% | — | $1.3M | — | as long as short |
OKX ACU-USDT-SWAP
KuCoin ACUUSDTM
SunX ACU-USDT
Aster ACUUSDT
Bitget ACUUSDT
MEXC ACU_USDT
BloFin ACU-USDT
BingX ACU-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACUUSDT | +0.1731% | 4h | 0.1207 | −0.091% | $839K | $563K | 13x | as long as short |
Bybit ACUUSDT