Funding you earn now, next payment 12:00 UTC+0.0702%/8h= +76.9% APRnext payment +$3.51 per $10,000 · paid last 24h +0.178%
Price spread now: Binance against Gate+0.036%7-day average −0.164% · you sell dearer than you buy
Net, funding: paid 7d − costs−$610as in the Funding arb table
Net, price: spread back to 7d avg − costs−$571as in the Price arb table
costs, in and out, $10k−$5915.913% of the position
Funding, last 7 days−0.186%−$19 on $10k
+Price spread, last 7 days−0.300%−$30 · spread now +0.036%, 7d avg −0.164%
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Binance is 0.200% dearer against Gate than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.164%. Mind the row above: over the last 7 days funding on this pair cost −0.186%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.186% in total (about -9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.51 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 BULLA_USDT | 0.1042 | 0.0124 | pay 0.0062% / 4h | 2h 59m | $1.3M | $377K | 10x |
| Short | Binance BULLAUSDT | 0.1042 | 0.0826 | get 0.0413% / 4h | 2h 59m | $11.6M | $9.0M | 10x |
Gate BULLA_USDT
Binance BULLAUSDTFunding 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
- $147.52
- Price spread: +0.036% → −0.164%
- $20.02
- Slippage, 4 orders
- −$566.34
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$423.8
- Costs to cover
- 5.913%
- Break-even
- 27.1 days
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 11 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, 3 min ago | 3.03 bp | 238.6 bp −$239 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.48 bp | 26.4 bp −$26 | 138.5 bp −$1,385 | 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 | 0.1040 | −0.167% | $5.8M | $898K | 5x | as long as short |
| Gate BULLA_USDTlong | +0.0124% | 4h | 0.1042 | long leg | $1.3M | $377K | 10x | |
| BingX BULLA-USDT | +0.0790% | 4h | 0.1042 | +0.046% | — | $6.6M | — | as long as short |
| MEXC BULLA_USDT | +0.0826% | 4h | 0.1042 | +0.046% | $7.6M | $410K | 20x | as long as short |
| Binance BULLAUSDTshort | +0.0826% | 4h | 0.1042 | +0.036% | $11.6M | $9.0M | 10x |
Aster BULLAUSDT
BingX BULLA-USDT
MEXC BULLA_USDT