Settings8H · net · $10k
Funding arb · Price arb /

ON

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.003%7-day average +0.227% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.156%+$16 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.003%, 7d avg +0.227%
Together, before fees+0.185%+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.224% cheaper against Gate than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.227%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ON_USDT0.13040.0100pay 0.0050% / 4h3h 51m$288K$22K5x
ShortBinance ONUSDT0.13040.0100get 0.0050% / 4h3h 51m$5.7M$4.0M50x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.003% → +0.227%
−$22.37
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$47.37
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 44 min ago; Binance: live order book, 2 min ago. Net counts fees only.

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, 44 min ago33.15 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago7.66 bp48.9 bp −$49192.8 bp −$1,928doesn't fitdoesn't fit

ON on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ONUSDT+0.0100%4h0.1301−0.222%$426K$34K5xas long as short
Binance ONUSDTshort+0.0100%4h0.1304+0.003%$5.7M$4.0M50x
Gate ON_USDTlong+0.0100%4h0.1304long leg$288K$22K5x
MEXC ON_USDT+0.0100%4h0.1303−0.069%$1.6M$529K50xas long as short
KuCoin ONUSDTM+0.0100%4h0.1303−0.100%$705K$39K50xas long as short
BingX ON-USDT+0.0100%4h0.1304+0.008%$6.6Mas long as short
Variational Omni ON+0.0100%4h0.1314+0.758%$24K$11as long as short
edgeX ONUSDC+0.0100%4h0.1306+0.124%$9K$131K10xas long as short