BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.86 per $10,000 · paid last 24h +0.033%

Price spread now: Gate against Binance−0.124%7-day average −0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$870.869% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.045%+$4 on $10k

Price spread, last 2 days (all we have)+0.087%+$9 · spread now −0.124%, 7d avg −0.067%

Together, before fees+0.131%+$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.056% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.067%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BEUSDT	275.04	0.0086	pay 0.0086% / 8h	5h 53m	$8.4M	$36.2M	25x
Short	Gate BE_USDT	274.70	0	get 0.0000% / 8h	5h 53m	$1.5M	$3.3M	50x

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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now −0.124%Rate

Funding earned: −$18.1
Price spread: −0.124% → −0.067%: −$5.65
Slippage, 4 orders: −$61.92
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$110.68
Costs to cover: 0.869%
Break-even: never at this rate

Slippage from Binance: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 3 min ago	1.82 bp	9.1 bp −$9	22.6 bp −$226	104.3 bp −$10.4K	doesn't fit
Sell Gate live order book, 4 min ago	3.64 bp	31.0 bp −$31	52.4 bp −$524	80.6 bp −$8,058	doesn't fit

BE on 20 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 BEUSDT	0.0000%	8h	274.78	−0.096%	$346K	$119K	20x	as long as short
Bybit BEUSDT	0.0000%	8h	275.19	+0.055%	$2.0M	$1.1M	25x	as long as short
Gate BE_USDTshort	0.0000%	8h	274.70	−0.124%	$1.5M	$3.3M	50x
Bitget BEUSDT	0.0000%	8h	274.99	−0.018%	$1.7M	$2.6M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	274.89	−0.056%	$7K	$167K	10x	as long as short
SunX BE-USDT	0.0000%	8h	275.04	0.000%	$1K	$2.4M	10x	as long as short
HTX BE-USDT	0.0000%	8h	275.11	+0.025%	$13K	$34K	20x	as long as short
QFEX BE-USD	+0.0012%	1h	275.07	+0.011%	$1.3M	$3.0M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0016%	1h	273.08	−0.713%	$473K	$130K	10x	as long as short
Lighter BE	+0.0032%	1h	274.84	−0.073%	—	—	10x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH BE	+0.0032%	1h	274.96	−0.029%	$251K	$289K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	274.64	−0.145%	$115K	$109K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	275.05	+0.004%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	274.93	−0.040%	$5.9M	$2.8M	10x	as long as short
Binance BEUSDTlong	+0.0086%	8h	275.04	long leg	$8.4M	$36.2M	25x
Extended BE-USD	+0.0088%	1h	274.97	−0.024%	$46K	$262K	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	274.88	−0.058%	$371K	$22K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	274.97	−0.026%	—	—	10x	as long as short
OKX BE-USDT-SWAP	+0.0143%	8h	275.00	−0.015%	$2.6M	$6.7M	25x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0441%	1h	275.06	+0.007%	$7K	$4K	10x	as long as short