Funding you earn now, next payment 06:00 UTC+0.0242%/8h= +26.5% APRpaid last 24h −0.428%
Price spread now: Gate against Binance−0.439%7-day average −2.854% · you buy dearer than you sell
Net, funding: paid 7d − costs+$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$396as in the Price arb table
costs, in and out, $10k−$6386.379% of the position
Funding, last 7 days+8.065%+$807 on $10k
+Price spread, last 7 days−0.801%−$80 · spread now −0.439%, 7d avg −2.854%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 2.415% dearer against Binance than usual: you sell high and buy low: +$242 more if the spread goes back to its 7-day average of −2.854%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONEUSDT | 0.004011 | −0.0608 | get 0.0076% / 1h | 15m 25s | $13.8M | $328.2M | 50x |
| Short | Gate ONE_USDT | 0.003993 | −0.0366 | pay 0.0366% / 8h | 2h 15m | $1.7M | $15.2M | 20x |
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
- $50.85
- Price spread: −0.439% → −2.854%
- $241.52
- Slippage, 4 orders
- −$612.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$345.5
- Costs to cover
- 6.379%
- Break-even
- 54.6 days
Slippage from Binance: live order book, 13 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, 13 min ago | 0.49 bp | 25.1 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 3.77 bp | 235.9 bp −$236 | 1392.3 bp −$13.9K | doesn't fit | doesn't fit |
ONE 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −5.7263% | 1h | 0.005369 | +33.858% | $6.4M | $235.9M | 10x | as long as short |
| Variational Omni ONE | −0.4556% | 1h | 0.003981 | −0.744% | $98K | $48K | — | as long as short |
| BloFin ONE-USDT | −0.1568% | 1h | 0.003981 | −0.733% | $802K | $2.2M | 50x | as long as short |
| Bitget ONEUSDT | −0.1472% | 1h | 0.004034 | +0.588% | $1.9M | $30.9M | 20x | as long as short |
| Aster ONEUSDT | −0.1044% | 1h | 0.004002 | −0.208% | $2.1M | $5.8M | 5x | as long as short |
| KuCoin ONEUSDTM | −0.0800% | 1h | 0.004177 | +4.149% | $3.8M | $12.0M | 30x | as long as short |
| Binance ONEUSDTlong | −0.0608% | 1h | 0.004011 | long leg | $13.8M | $328.2M | 50x | |
| MEXC ONE_USDT | −0.0608% | 1h | 0.004002 | −0.217% | $11.3M | $14.9M | 20x | as long as short |
| Gate ONE_USDTshort | −0.0366% | 8h | 0.003993 | −0.439% | $1.7M | $15.2M | 20x | |
| BingX ONE-USDT | −0.0064% | 1h | 0.004006 | −0.112% | — | $5.5M | — | as long as short |
Binance ONEUSDT
Gate ONE_USDT
OKX ONE-USDT-SWAP
Variational Omni ONE
BloFin ONE-USDT
Bitget ONEUSDT
Aster ONEUSDT
KuCoin ONEUSDTM
MEXC ONE_USDT
BingX ONE-USDT