Funding you earn now, next payment 00:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h −0.002%
Price spread now: Gate against Binance−0.124%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$830.834% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days+0.197%+$20 · spread now −0.124%, 7d avg +0.057%
=Funding pays, the price is against you. Gate is 0.181% cheaper against Binance than usual: you would sell low and buy high (spread −0.124% now, against its 7-day average of +0.057%). If the spread goes back, that is −$18 on $10k: about 8.6 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ETHFIUSDT | 0.7234 | 0.0030 | pay 0.0015% / 4h | 49m 42s | $25.1M | $37.2M | 75x |
| Short | Gate ETHFI_USDT | 0.7225 | 0.0100 | get 0.0050% / 4h | 49m 42s | $1.7M | $2.1M | 75x |
Binance ETHFIUSDT
Gate ETHFI_USDTFunding 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
- $14.68
- Price spread: −0.124% → +0.057%
- −$18.09
- Slippage, 4 orders
- −$58.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$86.81
- Costs to cover
- 0.834%
- Break-even
- 48.4 days
Slippage from Binance: live order book, 7 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, 7 min ago | 0.69 bp | 12.8 bp −$13 | 28.6 bp −$286 | 175.3 bp −$17.5K | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.15 bp | 25.6 bp −$26 | 182.2 bp −$1,822 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0580% | 1h | 0.7220 | −0.194% | $42K | $18K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0344% | 4h | 0.7215 | −0.263% | $84K | $164K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0193% | 4h | 0.7217 | −0.235% | $16K | $1K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0030% | 4h | 0.7223 | −0.152% | $15.3M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDTlong | +0.0030% | 4h | 0.7234 | long leg | $25.1M | $37.2M | 75x | |
| Extended ETHFI-USD | +0.0032% | 1h | 0.7222 | −0.170% | $94K | $493K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.083% | $321 | $51K | 5.5x | as long as short |
| Aster ETHFIUSDT | +0.0045% | 4h | 0.7228 | −0.079% | $185K | $261K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0048% | 8h | 0.7221 | −0.173% | $6K | — | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7215 | −0.263% | $9K | — | 3x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
MEXC ETHFI_USDT
Extended ETHFI-USD
Injective ETHFI/USDC PERP
Aster ETHFIUSDT
Paradex ETHFI-USD-PERP
Aevo ETHFI-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7233 | −0.012% | $1.1M | $896K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7234 | +0.004% | $18.3M | $8.9M | 5x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7226 | −0.111% | $18.3M | $13.0M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7230 | −0.055% | $5.0M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDTshort | +0.0100% | 4h | 0.7225 | −0.124% | $1.7M | $2.1M | 75x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7231 | −0.041% | $1.2M | $273K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7223 | −0.152% | $6.2M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7225 | −0.124% | — | $26.1M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7232 | −0.033% | $1.0M | $729K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7222 | −0.162% | $60K | $93K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7218 | −0.221% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0128% | 4h | 0.7228 | −0.083% | $1.3M | $295K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +0.041% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0548% | 1h | 0.7231 | −0.048% | $279K | $158K | 20x | as long as short |
Lighter ETHFI
Hyperliquid ETHFI
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD