Funding you earn now, next payment 00:00 UTC−0.0114%/8h= −12.5% APRnext payment −$0.57 per $10,000 · paid last 24h −0.109%
Price spread now: Binance against Gate+0.200%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2792.792% of the position
Funding, last 7 days−0.501%−$50 on $10k
+Price spread, last 4 days (all we have)−0.242%−$24 · spread now +0.200%, 7d avg +0.116%
=The price spread pays, funding is against you. Binance is 0.084% dearer against Gate than usual: you sell high and buy low (spread +0.200% now, against its 7-day average of +0.116%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.501% in total) that is about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPACE_USDT | 0.004988 | 0.0214 | pay 0.0107% / 4h | 2h 26m | $751K | $435K | 20x |
| Short | Binance SPACEUSDT | 0.004998 | 0.0100 | get 0.0050% / 4h | 2h 26m | $1.8M | $1.9M | 50x |
Gate SPACE_USDT
Binance SPACEUSDTFunding 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
- −$23.94
- Price spread: +0.200% → +0.116%
- $8.41
- Slippage, 4 orders
- −$254.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$294.73
- Costs to cover
- 2.792%
- Break-even
- never at this rate
Slippage from Gate: live order book, 59 min ago; Binance: live order book, 7 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, 59 min ago | 11.02 bp | 117.5 bp −$118 | 5288.2 bp −$52.9K | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 3.00 bp | 33.7 bp −$34 | 161.6 bp −$1,616 | doesn't fit | doesn't fit |
SPACE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPACEUSDTshort | +0.0100% | 4h | 0.004998 | +0.200% | $1.8M | $1.9M | 50x | |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.004988 | 0.000% | $765K | $166K | 13x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.004989 | +0.020% | $1.5M | $1.1M | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.004997 | +0.180% | $328K | $152K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.004980 | −0.160% | $630K | $102K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.004992 | +0.080% | $875K | $236K | 20x | as long as short |
| BloFin SPACE-USDT | +0.0120% | 4h | 0.004996 | +0.160% | $156K | $8K | 50x | as long as short |
| Gate SPACE_USDTlong | +0.0214% | 4h | 0.004988 | long leg | $751K | $435K | 20x | |
| Aster SPACEUSDT | +0.0797% | 4h | 0.004995 | +0.138% | $15K | $30K | 5x | as long as short |
Bybit SPACEUSDT
OKX SPACE-USDT-SWAP
MEXC SPACE_USDT
KuCoin SPACEUSDTM
Bitget SPACEUSDT
BloFin SPACE-USDT
Aster SPACEUSDT