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

ONE

all ONE markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+7.264%+$726 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ONEUSDT0.004011−0.0608get 0.0076% / 1h15m 25s$13.8M$328.2M50x
ShortGate ONE_USDT0.003993−0.0366pay 0.0366% / 8h2h 15m$1.7M$15.2M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 13 min ago0.49 bp25.1 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago3.77 bp235.9 bp −$2361392.3 bp −$13.9Kdoesn't fitdoesn't fit

ONE on 10 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
OKX ONE-USDT-SWAP−5.7263%1h0.005369+33.858%$6.4M$235.9M10xas long as short
Variational Omni ONE−0.4556%1h0.003981−0.744%$98K$48Kas long as short
BloFin ONE-USDT−0.1568%1h0.003981−0.733%$802K$2.2M50xas long as short
Bitget ONEUSDT−0.1472%1h0.004034+0.588%$1.9M$30.9M20xas long as short
Aster ONEUSDT−0.1044%1h0.004002−0.208%$2.1M$5.8M5xas long as short
KuCoin ONEUSDTM−0.0800%1h0.004177+4.149%$3.8M$12.0M30xas long as short
Binance ONEUSDTlong−0.0608%1h0.004011long leg$13.8M$328.2M50x
MEXC ONE_USDT−0.0608%1h0.004002−0.217%$11.3M$14.9M20xas long as short
Gate ONE_USDTshort−0.0366%8h0.003993−0.439%$1.7M$15.2M20x
BingX ONE-USDT−0.0064%1h0.004006−0.112%$5.5Mas long as short