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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ESPUSDT | 0.09429 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $2.4M | $4.2M | 25x |
| Short | Gate ESP_USDT | 0.09431 | 0.0100 | get 0.0100% / 8h | 3h 25m | $170K | $608K | 50x |
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
- $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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 18 min ago | 0.53 bp | 15.9 bp −$16 | 63.9 bp −$639 | doesn't fit | doesn't fit |
| Sell Gate live order book, 21 min ago | 6.37 bp | 78.9 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
ESP on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ESP-USDT | +0.0089% | 4h | 0.09436 | +0.074% | $121K | $36K | 25x | as long as short |
| Aster ESPUSDT | +0.0100% | 4h | 0.09432 | +0.031% | $4K | $25K | 5x | as long as short |
| Binance ESPUSDTlong | +0.0100% | 4h | 0.09429 | long leg | $2.4M | $4.2M | 25x | |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09435 | +0.064% | $604K | $1.3M | 20x | as long as short |
| Gate ESP_USDTshort | +0.0100% | 8h | 0.09431 | +0.021% | $170K | $608K | 50x | |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09427 | −0.021% | $1.2M | $112K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09443 | +0.148% | $1.5M | $54K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09434 | +0.049% | $961K | $129K | 20x | as long as short |
| edgeX ESPUSDC | +0.0113% | 4h | 0.09447 | +0.192% | $29K | $276K | 10x | as long as short |
| Bybit ESPUSDT | +0.0824% | 4h | 0.09416 | −0.138% | $1.1M | $580K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ESP-USDT | +0.0910% | 4h | 0.09428 | −0.011% | — | $1.7M | — | as long as short |
Binance ESPUSDT
Gate ESP_USDT
BloFin ESP-USDT
Aster ESPUSDT
OKX ESP-USDT-SWAP
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDC
Bybit ESPUSDT
BingX ESP-USDT