Funding you earn now, next payment 02:00 UTC−0.0308%/8h= −33.7% APRpaid last 24h −0.049%
Price spread now: tradeXYZ against Gate−0.004%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$700.702% of the position
Funding, last 7 days+0.158%+$16 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now −0.004%, 7d avg −0.089%
=Together, before fees+0.146%+ Points / potential airdroptradeXYZ: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.085% dearer against Gate than usual: you sell high and buy low (spread −0.004% now, against its 7-day average of −0.089%): +$8 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 22 hours. Mind the row above: over the last 7 days funding on this pair paid +0.158%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.158% in total (about 8.2% a year). A funding rate is set anew for every payment. 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 | Gate AMAT_USDT | 470.20 | 0.0358 | pay 0.0358% / 8h | 6h 14m | $1.7M | $6.4M | 50x |
| Short | tradeXYZ xyz:AMAT | 470.18 | 0.0050 | get 0.0006% / 1h | 14m 46s | $2.6M | $2.3M | 10x |
Gate AMAT_USDT
tradeXYZ xyz:AMATFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$64.68
- Price spread: −0.004% → −0.089%
- $8.46
- Slippage, 4 orders
- −$37.18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$126.4
- Costs to cover
- 0.702%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; tradeXYZ: 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 Gate live order book, 4 min ago | 3.19 bp | 21.1 bp −$21 | 239.3 bp −$2,393 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 2.44 bp | 12.7 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
AMAT on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 470.45 | +0.052% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 470.26 | +0.013% | $900K | $654K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 470.39 | +0.040% | $1.4M | $1.6M | 20x | as long as short |
| Bitget AMATUSDT | 0.0000% | 8h | 470.53 | +0.070% | $2.1M | $1.7M | 20x | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 470.09 | −0.024% | $226 | $98K | 10x | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 470.32 | +0.026% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMATshort | +0.0050% | 1h | 470.18 | −0.004% | $2.6M | $2.3M | 10x | |
| KuCoin AMATUSDTM | +0.0100% | 8h | 469.77 | −0.091% | $412K | $473K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 470.79 | +0.125% | $975 | $373K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 471.92 | +0.366% | $172K | $39K | 20x | as long as short |
Aster AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
GRVT AMAT_USDT_Perp
Vest AMAT-USD-PERP
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AMAT | +0.0219% | 8h | 470.24 | +0.009% | $66K | $44K | — | as long as short |
| Phoenix AMAT | +0.0220% | 1h | 470.33 | +0.028% | $19K | $110K | 10x | as long as short |
| Binance AMATUSDT | +0.0277% | 8h | 470.40 | +0.043% | $8.9M | $12.6M | 20x | as long as short |
| Extended AMAT-USD | +0.0280% | 1h | 470.28 | +0.018% | $5K | $27K | 10x | as long as short |
| Gate AMAT_USDTlong | +0.0358% | 8h | 470.20 | long leg | $1.7M | $6.4M | 50x |
Variational Omni AMAT
Phoenix AMAT
Binance AMATUSDT
Extended AMAT-USD