data as of
Settings8H · net · $10k
Funding arb /

M

all M markets
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Funding spread now, next payment 16:00 UTC+0.0594%/8h
paid, last 24h+0.070%paid, last 7 days+0.345%to open and close $10k−$240
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.345% in total (about 18.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate M_USDT1.49400.0100pay 0.0100% / 8h58m 43s$2.0M$1.0M10x
ShortBinance MUSDT1.49550.0694get 0.0347% / 4h58m 43s$5.5M$6.2M10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$124.81
Slippage, 4 orders
−$215.17
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$115.36
Break-even
13.5 days
Slippage from Gate: live order book, 5 min ago; Binance: live order book, 11 min ago.

Price risk

price view
Price gap now
+0.099%
Avg gap 7d
+0.106%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 5 min ago11.67 bp55.3 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago0.66 bp42.3 bp −$42388.7 bp −$3,887doesn't fitdoesn't fit

M on 12 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit MUSDT+0.0100%4h$4.7M$3.1M20xas long as short
Gate M_USDTlong+0.0100%8h$2.0M$1.0M10x
Bitget MUSDT+0.0100%4h$1.9M$475K10xas long as short
Variational Omni M+0.0100%4h$91K$52Kas long as short
Orderly PERP_M_USDC+0.0100%4h$2K$18010xas long as short
SunX M-USDT+0.0100%4h$2K$487K20xas long as short
Aster MUSDT+0.0534%4h$17K$126K5xas long as short
BingX M-USDT+0.0622%4h$2.4Mas long as short
BloFin M-USDT+0.0651%4h$365K$532K10xas long as short
MEXC M_USDT+0.0694%4h$254K$123K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Binance MUSDTshort+0.0694%4h$5.5M$6.2M10x
KuCoin MUSDTM+0.2480%4h$1.4M$4.1M10xas long as short