Funding you earn now, next payment 16:00 UTC+0.0157%/8h= +17.2% APRnext payment +$1.57 per $10,000 · paid last 24h −0.010%
Price spread now: Binance against Gate+0.251%7-day average +0.173% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1631.629% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.211%−$21 · spread now +0.251%, 7d avg +0.173%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.078% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.173%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EDU_USDT | 0.05184 | −0.0057 | get 0.0057% / 8h | 7h 50m | $107K | $26K | 50x |
| Short | Binance EDUUSDT | 0.05197 | 0.0100 | get 0.0100% / 8h | 7h 50m | $4.3M | $1.9M | 50x |
Gate EDU_USDT
Binance EDUUSDTFunding 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
- $32.97
- Price spread: +0.251% → +0.173%
- $7.78
- Slippage, 4 orders
- −$137.91
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$122.16
- Costs to cover
- 1.629%
- Break-even
- 32.9 days
Slippage from Gate: live order book, 40 min ago; Binance: 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 Gate live order book, 40 min ago | 4.81 bp | 41.6 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.92 bp | 37.0 bp −$37 | 126.3 bp −$1,263 | doesn't fit | doesn't fit |
EDU 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate EDU_USDTlong | −0.0057% | 8h | 0.05184 | long leg | $107K | $26K | 50x | |
| Aster EDUUSDT | +0.0100% | 8h | 0.05199 | +0.281% | $1K | $9K | 5x | as long as short |
| Binance EDUUSDTshort | +0.0100% | 8h | 0.05197 | +0.251% | $4.3M | $1.9M | 50x | |
| Bybit EDUUSDT | +0.0100% | 8h | 0.05194 | +0.193% | $504K | $261K | 5x | as long as short |
| MEXC EDU_USDT | +0.0100% | 8h | 0.05196 | +0.231% | $3.5M | $253K | 50x | as long as short |
| KuCoin EDUUSDTM | +0.0100% | 8h | 0.05199 | +0.289% | $72K | $29K | 30x | as long as short |
| BingX EDU-USDT | +0.0100% | 8h | 0.05197 | +0.251% | — | $2.4M | — | as long as short |
| Variational Omni EDU | +0.0100% | 8h | 0.05191 | +0.128% | $5K | $2 | — | as long as short |
Aster EDUUSDT
Bybit EDUUSDT
MEXC EDU_USDT
KuCoin EDUUSDTM
BingX EDU-USDT
Variational Omni EDU