Funding you earn now, next payment 00:00 UTC+0.0435%/8h= +47.6% APRnext payment +$2.17 per $10,000 · paid last 24h +0.188%
Price spread now: Gate against Binance+0.140%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1771.775% of the position
Funding, last 7 days−0.232%−$23 on $10k
+Price spread, last 4 days (all we have)+0.182%+$18 · spread now +0.140%, 7d avg +0.035%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Gate is 0.104% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.035%. Mind the row above: over the last 7 days funding on this pair cost −0.232%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.232% in total (about -12.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.17 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VTHOUSDT | 0.0006802 | −0.1135 | get 0.0567% / 4h | 2h 10m | $5.0M | $11.4M | 50x |
| Short | Gate VTHO_USDT | 0.0006811 | −0.0700 | pay 0.0350% / 4h | 2h 10m | $394K | $334K | 25x |
Binance VTHOUSDT
Gate VTHO_USDTFunding 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
- $91.27
- Price spread: +0.140% → +0.035%
- $10.44
- Slippage, 4 orders
- −$152.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$75.78
- Costs to cover
- 1.775%
- Break-even
- 12.8 days
Slippage from Binance: live order book, 15 min ago; Gate: live order book, 10 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, 15 min ago | 0.73 bp | 14.6 bp −$15 | 69.5 bp −$695 | doesn't fit | doesn't fit |
| Sell Gate live order book, 10 min ago | 9.51 bp | 61.3 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
VTHO on 5 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 VTHOUSDTlong | −0.1135% | 4h | 0.0006802 | long leg | $5.0M | $11.4M | 50x | |
| MEXC VTHO_USDT | −0.1124% | 4h | 0.0006801 | −0.007% | $1.7M | $183K | 20x | as long as short |
| BingX VTHO-USDT | −0.1052% | 4h | 0.0006799 | −0.037% | — | $1.4M | — | as long as short |
| Bitget VTHOUSDT | −0.1012% | 4h | 0.0006800 | −0.022% | $1.2M | $1.1M | 50x | as long as short |
| Gate VTHO_USDTshort | −0.0700% | 4h | 0.0006811 | +0.140% | $394K | $334K | 25x |
MEXC VTHO_USDT
BingX VTHO-USDT
Bitget VTHOUSDT