Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.68 per $10,000 · paid last 24h +0.008%
Price spread now: Gate against Binance+0.078%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$490.486% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 7 days−0.073%−$7 · spread now +0.078%, 7d avg +0.009%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.069% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance FILUSDT | 0.9845 | 0.0032 | pay 0.0032% / 8h | 7h 35m | $56.8M | $178.3M | 75x |
| Short | Gate FIL_USDT | 0.9853 | 0.0100 | get 0.0100% / 8h | 7h 35m | $8.2M | $16.1M | 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
- $14.27
- Price spread: +0.078% → +0.009%
- $6.95
- Slippage, 4 orders
- −$23.59
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$27.37
- Costs to cover
- 0.486%
- Break-even
- 20.4 days
Slippage from Binance: live order book, 8 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, 8 min ago | 0.51 bp | 9.0 bp −$9 | 13.8 bp −$138 | 45.4 bp −$4,541 | doesn't fit |
| Sell Gate live order book, 3 min ago | 1.52 bp | 17.1 bp −$17 | 25.4 bp −$254 | 62.9 bp −$6,288 | 104.2 bp −$52.1K |
FIL on 29 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 FIL_USDC-PERPETUAL | −0.0763% | 1h | 0.9857 | +0.119% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0333% | 1h | 0.9856 | +0.107% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9869 | +0.241% | $315K | $1.8M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0042% | 8h | 0.9848 | +0.027% | $7.4M | $7.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0036% | 8h | 0.9845 | −0.003% | $17.9M | $97.8M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9855 | +0.100% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9865 | +0.204% | $58K | $2K | 10x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9843 | −0.019% | $696K | $3.4M | 10x | as long as short |
| Binance FILUSDTlong | +0.0032% | 8h | 0.9845 | long leg | $56.8M | $178.3M | 75x | |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | +0.098% | $2K | $240K | 12x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0060% | 8h | 0.9845 | −0.003% | $247K | $104K | 50x | as long as short |
| Bitget FILUSDT | +0.0062% | 8h | 0.9843 | −0.023% | $10.8M | $21.5M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9846 | +0.002% | $158K | $346K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9850 | +0.047% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9850 | +0.048% | $493K | $553K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9847 | +0.017% | $15.3M | $18.3M | 25x | as long as short |
| Gate FIL_USDTshort | +0.0100% | 8h | 0.9853 | +0.078% | $8.2M | $16.1M | 50x | |
| BingX FIL-USDT | +0.0100% | 8h | 0.9848 | +0.027% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9849 | +0.037% | $442K | $280K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9845 | −0.005% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9847 | +0.014% | $291K | $812K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9860 | +0.149% | $30K | $195K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9861 | +0.160% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | +0.048% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9850 | +0.048% | $481 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9857 | +0.119% | $630K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9850 | +0.048% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0128% | 8h | 0.9859 | +0.139% | $2.7M | $572K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0538% / S −0.0538% | 1h | 0.9855 | +0.096% | $196K | — | 100x | as long as short |
Binance FILUSDT
Gate FIL_USDT
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
Extended FIL-USD
Injective FIL/USDC PERP
MEXC FIL_USDC
Bitget FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]