Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Gate−0.047%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1241.243% of the position
Funding, last 7 days+0.167%+$17 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.047%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.034% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GMT_USDT | 0.008500 | 0.0100 | pay 0.0100% / 8h | 7h 51m | $140K | $177K | 50x |
| Short | Binance GMTUSDT | 0.008496 | 0.0100 | get 0.0050% / 4h | 3h 51m | $2.8M | $5.6M | 50x |
Gate GMT_USDT
Binance GMTUSDTFunding 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
- $0
- Price spread: −0.047% → −0.013%
- −$3.43
- Slippage, 4 orders
- −$99.28
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$127.71
- Costs to cover
- 1.243%
- Break-even
- never at this rate
Slippage from Gate: live order book, 39 min ago; Binance: live order book, 1 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, 39 min ago | 11.89 bp | 39.7 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 1.18 bp | 20.5 bp −$20 | 101.1 bp −$1,011 | doesn't fit | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1411% | 1h | 0.008495 | −0.054% | $43K | $13K | 20x | as long as short |
| Variational Omni GMT | −0.0170% | 8h | 0.008480 | −0.240% | $4K | $6K | — | as long as short |
| KuCoin GMTUSDTM | −0.0074% | 4h | 0.008500 | 0.000% | $241K | $204K | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0085% | 4h | 0.008490 | −0.118% | $388K | $1.3M | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008498 | −0.024% | $122K | $150K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008492 | −0.092% | $7K | $24K | 10x | as long as short |
| Binance GMTUSDTshort | +0.0100% | 4h | 0.008496 | −0.047% | $2.8M | $5.6M | 50x | |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008490 | −0.118% | $1.1M | $2.1M | 50x | as long as short |
| Gate GMT_USDTlong | +0.0100% | 8h | 0.008500 | long leg | $140K | $177K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008490 | −0.118% | $435K | $214K | 20x | as long as short |
Kraken Futures PF_GMTUSD
Variational Omni GMT
KuCoin GMTUSDTM
OKX GMT-USDT-SWAP
Hyperliquid GMT
Aster GMTUSDT
Bybit GMTUSDT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDT | +0.0100% | 4h | 0.008509 | +0.106% | $710K | $675K | 50x | as long as short |
| BingX GMT-USDT | +0.0100% | 4h | 0.008494 | −0.071% | — | $1.3M | — | as long as short |
Bitget GMTUSDT
BingX GMT-USDT