Funding you earn now, next payment 08:00 UTC−0.0643%/8h= −70.4% APRnext payment −$3.21 per $10,000 · paid last 24h −0.234%
Price spread now: Gate against Binance−0.082%7-day average −0.152% · you buy dearer than you sell
Net, funding: paid 7d − costs−$278as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1071.075% of the position
Funding, last 7 days−1.706%−$171 on $10k
+Price spread, last 7 days+0.015%+$2 · spread now −0.082%, 7d avg −0.152%
=The price spread pays, funding is against you. Gate is 0.071% dearer against Binance than usual: you sell high and buy low (spread −0.082% now, against its 7-day average of −0.152%): +$7 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BRUSDT | 1.1773 | 0.0743 | pay 0.0371% / 4h | 3h 01m | $56.0M | $136.5M | 25x |
| Short | Gate BR_USDT | 1.1764 | 0.0100 | get 0.0050% / 4h | 3h 01m | $7.9M | $8.4M | 20x |
Binance BRUSDT
Gate BR_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
- −$134.98
- Price spread: −0.082% → −0.152%
- $7.06
- Slippage, 4 orders
- −$82.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$235.42
- Costs to cover
- 1.075%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Gate: live order book, 2 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 | 0.09 bp | 16.6 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.73 bp | 43.6 bp −$44 | 465.0 bp −$4,650 | doesn't fit | doesn't fit |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1784 | +0.093% | — | $5.8M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1764 | −0.084% | $11.2M | $22.4M | 5x | as long as short |
| Gate BR_USDTshort | +0.0100% | 4h | 1.1764 | −0.082% | $7.9M | $8.4M | 20x | |
| Bitget BRUSDT | +0.0100% | 4h | 1.1781 | +0.060% | $8.6M | $10.5M | 10x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1815 | +0.355% | $283K | $248K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1755 | −0.161% | — | $717K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1771 | −0.025% | $90K | $233K | 20x | as long as short |
| KuCoin BRUSDTM | +0.0180% | 4h | 1.1777 | +0.029% | $5.1M | $4.9M | 30x | as long as short |
| Aster BRUSDT | +0.0336% | 4h | 1.1767 | −0.056% | $685K | $2.4M | 5x | as long as short |
| Binance BRUSDTlong | +0.0743% | 4h | 1.1773 | long leg | $56.0M | $136.5M | 25x |
BingX BR-USDT
Bybit BRUSDT
Bitget BRUSDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
KuCoin BRUSDTM
Aster BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.0754% | 4h | 1.1783 | +0.081% | $15.8M | $6.6M | 100x | as long as short |
MEXC BR_USDT