Funding you earn now, next payment 04:00 UTC+0.0719%/8h= +78.8% APRpaid last 24h +0.118%
Price spread now: Binance against Gate+0.044%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$685as in the Funding arb table
Net, price: spread back to 7d avg − costs−$723as in the Price arb table
costs, in and out, $10k−$7207.195% of the position
Funding, last 7 days+0.342%+$34 on $10k
+Price spread, last 4 days (all we have)+0.126%+$13 · spread now +0.044%, 7d avg +0.074%
=Funding pays, the price is against you. Binance is 0.030% cheaper against Gate than usual: you would sell low and buy high (spread +0.044% now, against its 7-day average of +0.074%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.342% in total) that is about 15 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.342% in total (about 17.8% 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 币安人生_USDT | 0.5087 | 0.0100 | pay 0.0100% / 8h | 4h 59m | $368K | $367K | 10x |
| Short | Binance 币安人生USDT | 0.5089 | 0.0819 | get 0.0410% / 4h | 59m 10s | $39.0M | $6.5M | 10x |
Gate 币安人生_USDT
Binance 币安人生USDTFunding 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
- $151.05
- Price spread: +0.044% → +0.074%
- −$2.98
- Slippage, 4 orders
- −$694.53
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$571.45
- Costs to cover
- 7.195%
- Break-even
- 33.5 days
Slippage from Gate: live order book, 61 min ago; Binance: live order book, 13 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, 61 min ago | 7.48 bp | 447.6 bp −$448 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.96 bp | 21.6 bp −$22 | 117.9 bp −$1,179 | doesn't fit | doesn't fit |
币安人生 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate 币安人生_USDTlong | +0.0100% | 8h | 0.5087 | long leg | $368K | $367K | 10x | |
| SunX 币安人生-USDT | +0.0100% | 4h | 0.5079 | −0.149% | $4K | $1.6M | 20x | as long as short |
| HTX 币安人生-USDT | +0.0100% | 4h | 0.5089 | +0.039% | $39K | $40K | 20x | as long as short |
| Aster 币安人生USDT | +0.0769% | 4h | 0.5093 | +0.110% | $1.5M | $62K | 10x | as long as short |
| Binance 币安人生USDTshort | +0.0819% | 4h | 0.5089 | +0.044% | $39.0M | $6.5M | 10x |
SunX 币安人生-USDT
HTX 币安人生-USDT
Aster 币安人生USDT