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

AMAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0307%/8h= +33.6% APRpaid last 24h +0.049%
Price spread now: Gate against tradeXYZ+0.004%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$700.702% of the position
What this pair did over the last
the charts below follow
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
Funding pays, the price is against you. Gate is 0.085% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.004% now, against its 7-day average of +0.089%). If the spread goes back, that is −$8 on $10k: about 22 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.158%, 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 -0.158% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:AMAT470.180.0050pay 0.0006% / 1h14m 24s$2.6M$2.3M10x
ShortGate AMAT_USDT470.200.0357get 0.0357% / 8h6h 14m$1.7M$6.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against tradeXYZ. 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
$64.47
Price spread: +0.004% → +0.089%
−$8.46
Slippage, 4 orders
−$37.18
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$14.17
Costs to cover
0.702%
Break-even
8.5 days
Slippage from tradeXYZ: live order book, 3 min ago; Gate: live order book, 4 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 tradeXYZ live order book, 3 min ago2.44 bp14.3 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago3.19 bp22.1 bp −$22157.3 bp −$1,573doesn't fitdoesn't fit

AMAT on 15 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
Aster AMATUSDT0.0000%8h470.43+0.054%$10K$11K20xas long as short
Bybit AMATUSDT0.0000%8h470.26+0.017%$900K$654K25xas long as short
OKX AMAT-USDT-SWAP0.0000%8h470.39+0.045%$1.4M$1.6M20xas long as short
Bitget AMATUSDT0.0000%8h470.53+0.074%$2.1M$1.7M20xas long as short
GRVT AMAT_USDT_Perp0.0000%8h470.09−0.019%$226$98K10xas long as short
Vest AMAT-USD-PERP+0.0046%1h470.26+0.017%10xas long as short
tradeXYZ xyz:AMATlong+0.0050%1h470.18long leg$2.6M$2.3M10x
KuCoin AMATUSDTM+0.0100%8h469.80−0.081%$414K$473K20xas long as short
SunX AMAT-USDT+0.0100%8h470.79+0.130%$975$373K10xas long as short
HTX AMAT-USDT+0.0100%8h471.92+0.370%$172K$39K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AMAT+0.0219%8h470.24+0.013%$66K$44Kas long as short
Phoenix AMAT+0.0220%1h470.33+0.032%$19K$110K10xas long as short
Binance AMATUSDT+0.0273%8h470.39+0.045%$8.9M$12.6M20xas long as short
Extended AMAT-USD+0.0280%1h470.21+0.006%$5K$27K10xas long as short
Gate AMAT_USDTshort+0.0357%8h470.20+0.004%$1.7M$6.4M50x