Settings8H · net · $10k
Funding arb · Price arb /

ESP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Binance+0.021%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1881.879% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.206%−$21 on $10k
Price spread, last 4 days (all we have)+0.409%+$41 · spread now +0.021%, 7d avg +0.054%
Together, before fees+0.204%+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.033% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.054%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ESPUSDT0.094290.0100pay 0.0050% / 4h3h 25m$2.4M$4.2M25x
ShortGate ESP_USDT0.094310.0100get 0.0100% / 8h3h 25m$170K$608K50x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.021% → +0.054%
−$3.3
Slippage, 4 orders
−$162.87
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$191.17
Costs to cover
1.879%
Break-even
never at this rate
Slippage from Binance: live order book, 18 min ago; Gate: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 18 min ago0.53 bp15.9 bp −$1663.9 bp −$639doesn't fitdoesn't fit
Sell Gate live order book, 21 min ago6.37 bp78.9 bp −$79doesn't fitdoesn't fitdoesn't fit

ESP on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ESP-USDT+0.0089%4h0.09436+0.074%$121K$36K25xas long as short
Aster ESPUSDT+0.0100%4h0.09432+0.031%$4K$25K5xas long as short
Binance ESPUSDTlong+0.0100%4h0.09429long leg$2.4M$4.2M25x
OKX ESP-USDT-SWAP+0.0100%4h0.09435+0.064%$604K$1.3M20xas long as short
Gate ESP_USDTshort+0.0100%8h0.09431+0.021%$170K$608K50x
MEXC ESP_USDT+0.0100%4h0.09427−0.021%$1.2M$112K20xas long as short
KuCoin ESPUSDTM+0.0100%4h0.09443+0.148%$1.5M$54K25xas long as short
Bitget ESPUSDT+0.0100%4h0.09434+0.049%$961K$129K20xas long as short
edgeX ESPUSDC+0.0113%4h0.09447+0.192%$29K$276K10xas long as short
Bybit ESPUSDT+0.0824%4h0.09416−0.138%$1.1M$580K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ESP-USDT+0.0910%4h0.09428−0.011%$1.7Mas long as short