Funding you earn now, next payment 08:00 UTC+0.0863%/8h= +94.5% APRnext payment +$4.31 per $10,000 · paid last 24h −0.189%
Price spread now: Gate against Binance+0.384%7-day average +0.161% · you sell dearer than you buy
Net, funding: paid 7d − costs−$399as in the Funding arb table
Net, price: spread back to 7d avg − costs−$397as in the Price arb table
costs, in and out, $10k−$4194.190% of the position
Funding, last 7 days+0.197%+$20 on $10k
+Price spread, last 7 days−0.144%−$14 · spread now +0.384%, 7d avg +0.161%
=Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Gate is 0.223% dearer against Binance than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.161%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.197% in total (about 10.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.31 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 | Binance BULLAUSDT | 0.1054 | 0.0955 | pay 0.0478% / 4h | 1h 55m | $11.7M | $10.0M | 10x |
| Short | Gate BULLA_USDT | 0.1058 | 0.1818 | get 0.0909% / 4h | 1h 55m | $1.3M | $383K | 10x |
Binance BULLAUSDT
Gate BULLA_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
- $181.2
- Price spread: +0.384% → +0.161%
- $22.31
- Slippage, 4 orders
- −$394.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$215.5
- Costs to cover
- 4.190%
- Break-even
- 15.3 days
Slippage from Binance: live order book, 15 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, 15 min ago | 0.47 bp | 35.0 bp −$35 | 393.5 bp −$3,935 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.37 bp | 138.6 bp −$139 | doesn't fit | doesn't fit | doesn't fit |
BULLA on 5 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 BULLAUSDT | +0.0100% | 4h | 0.1053 | −0.107% | $5.9M | $1.1M | 5x | as long as short |
| BingX BULLA-USDT | +0.0933% | 4h | 0.1055 | +0.012% | — | $6.6M | — | as long as short |
| Binance BULLAUSDTlong | +0.0955% | 4h | 0.1054 | long leg | $11.7M | $10.0M | 10x | |
| MEXC BULLA_USDT | +0.0964% | 4h | 0.1055 | +0.021% | $7.6M | $398K | 20x | as long as short |
| Gate BULLA_USDTshort | +0.1818% | 4h | 0.1058 | +0.384% | $1.3M | $383K | 10x |
Aster BULLAUSDT
BingX BULLA-USDT
MEXC BULLA_USDT