Funding you earn now, next payment 22:00 UTC−0.0418%/8h= −45.7% APRnext payment −$0.52 per $10,000 · paid last 24h −0.082%
Price spread now: Binance against Gate−0.193%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$315as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$2032.028% of the position
Funding, last 7 days−1.119%−$112 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now −0.193%, 7d avg −0.059%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Binance is 0.134% cheaper against Gate than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.059%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LSK_USDT | 0.3658 | 0.0096 | pay 0.0012% / 1h | 21m 57s | $1.5M | $2.8M | 20x |
| Short | Binance LSKUSDT | 0.3651 | −0.0322 | pay 0.0040% / 1h | 21m 57s | $15.1M | $96.2M | 50x |
Funding 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
- −$87.71
- Price spread: −0.193% → −0.059%
- −$13.37
- Slippage, 4 orders
- −$177.81
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$303.89
- Costs to cover
- 2.028%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 6 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, 1 min ago | 4.10 bp | 87.1 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.27 bp | 13.7 bp −$14 | 59.7 bp −$597 | doesn't fit | doesn't fit |
LSK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LSKUSDT | −0.0672% | 1h | 0.3656 | −0.062% | $62K | $122K | 5x | as long as short |
| MEXC LSK_USDT | −0.0328% | 1h | 0.3651 | −0.200% | $8.1M | $2.6M | 20x | as long as short |
| Binance LSKUSDTshort | −0.0322% | 1h | 0.3651 | −0.193% | $15.1M | $96.2M | 50x | |
| Gate LSK_USDTlong | +0.0096% | 1h | 0.3658 | long leg | $1.5M | $2.8M | 20x | |
| Variational Omni LSK | +0.0100% | 1h | 0.3657 | −0.036% | $28K | $235K | — | as long as short |
| HTX LSK-USDT | +0.0100% | 1h | 0.3649 | −0.249% | $62K | $301K | 20x | as long as short |
| Bitget LSKUSDT | +0.0104% | 1h | 0.3650 | −0.219% | $2.6M | $8.9M | 50x | as long as short |
| Kraken Futures PF_LSKUSD | +0.0374% | 1h | 0.3658 | +0.003% | $113K | $177K | 10x | as long as short |
| Bybit LSKUSDT | +0.3312% | 1h | 0.3657 | −0.022% | $9.9M | $20.3M | 25x | as long as short |
| BingX LSK-USDT | +0.3392% | 1h | 0.3653 | −0.150% | — | $3.0M | — | as long as short |
Gate LSK_USDT
Binance LSKUSDT
Aster LSKUSDT
MEXC LSK_USDT
Variational Omni LSK
HTX LSK-USDT
Bitget LSKUSDT
Kraken Futures PF_LSKUSD
Bybit LSKUSDT
BingX LSK-USDT