Funding you earn now, next payment 08:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h −0.124%
Price spread now: Gate against Binance−0.157%7-day average −0.250% · you buy dearer than you sell
Net, funding: paid 7d − costs−$291as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2492.492% of the position
Funding, last 7 days−0.413%−$41 on $10k
+Price spread, last 7 days−0.126%−$13 · spread now −0.157%, 7d avg −0.250%
=The price spread pays, funding is against you. Gate is 0.092% dearer against Binance than usual: you sell high and buy low (spread −0.157% now, against its 7-day average of −0.250%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 7 days (−0.413% in total) that is about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BANUSDT | 0.06919 | 0.0174 | pay 0.0087% / 4h | 2h 34m | $6.8M | $835K | 25x |
| Short | Gate BAN_USDT | 0.06908 | 0.0100 | get 0.0100% / 8h | 2h 34m | $1.2M | $51K | 20x |
Binance BANUSDT
Gate BAN_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
- −$15.61
- Price spread: −0.157% → −0.250%
- $9.22
- Slippage, 4 orders
- −$224.19
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$255.57
- Costs to cover
- 2.492%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Gate: live order book, 3 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, 4 min ago | 3.62 bp | 41.9 bp −$42 | 493.2 bp −$4,932 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 14.46 bp | 60.2 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
BAN 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANUSDT | +0.0100% | 4h | 0.06920 | +0.016% | $12K | $667 | 5x | as long as short |
| Bybit BANUSDT | +0.0100% | 4h | 0.06905 | −0.201% | $2.9M | $287K | 13x | as long as short |
| Gate BAN_USDTshort | +0.0100% | 8h | 0.06908 | −0.157% | $1.2M | $51K | 20x | |
| KuCoin BANUSDTM | +0.0100% | 4h | 0.06908 | −0.157% | $312K | $16K | 20x | as long as short |
| Bitget BANUSDT | +0.0100% | 4h | 0.06916 | −0.042% | $1.1M | $65K | 25x | as long as short |
| Variational Omni BAN | +0.0100% | 4h | 0.06903 | −0.231% | $16 | — | — | as long as short |
| MEXC BAN_USDT | +0.0174% | 4h | 0.06919 | +0.002% | $8.3M | $155K | 100x | as long as short |
| Binance BANUSDTlong | +0.0174% | 4h | 0.06919 | long leg | $6.8M | $835K | 25x |
Aster BANUSDT
Bybit BANUSDT
KuCoin BANUSDTM
Bitget BANUSDT
Variational Omni BAN
MEXC BAN_USDT