Funding you earn now, next payment 08:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.63 per $10,000 · paid last 24h +0.227%
Price spread now: Gate against Binance−0.093%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1481.478% of the position
Funding, last 7 days+0.326%+$33 on $10k
+Price spread, last 7 days+0.181%+$18 · spread now −0.093%, 7d avg −0.034%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.059% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.034%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.326%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CELRUSDT | 0.003220 | −0.5528 | get 0.5528% / 8h | 4h 44m | $3.7M | $48.0M | 25x |
| Short | Gate CELR_USDT | 0.003217 | −0.5591 | pay 0.5591% / 8h | 4h 44m | $233K | $1.2M | 25x |
Funding 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
- −$13.33
- Price spread: −0.093% → −0.034%
- −$5.91
- Slippage, 4 orders
- −$122.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$167.01
- Costs to cover
- 1.478%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 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, 13 min ago | 1.55 bp | 24.3 bp −$24 | 144.2 bp −$1,442 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.67 bp | 48.6 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
CELR 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CELRUSD | −0.9116% | 1h | 0.003211 | −0.268% | $35K | $57K | 10x | as long as short |
| Gate CELR_USDTshort | −0.5591% | 8h | 0.003217 | −0.093% | $233K | $1.2M | 25x | |
| Binance CELRUSDTlong | −0.5528% | 8h | 0.003220 | long leg | $3.7M | $48.0M | 25x | |
| MEXC CELR_USDT | −0.5508% | 8h | 0.003220 | 0.000% | $525K | $1.5M | 50x | as long as short |
| BloFin CELR-USDT | −0.5480% | 8h | 0.003212 | −0.248% | $353K | $391K | 25x | as long as short |
| KuCoin CELRUSDTM | −0.5381% | 8h | 0.003208 | −0.373% | $420K | $4.2M | 25x | as long as short |
| Bitget CELRUSDT | −0.5033% | 8h | 0.003219 | −0.031% | $602K | $4.6M | 25x | as long as short |
| BingX CELR-USDT | −0.3474% | 8h | 0.003218 | −0.062% | — | $2.7M | — | as long as short |
Binance CELRUSDT
Gate CELR_USDT
Kraken Futures PF_CELRUSD
MEXC CELR_USDT
BloFin CELR-USDT
KuCoin CELRUSDTM
Bitget CELRUSDT
BingX CELR-USDT