Funding you earn now, next payment 12:00 UTC−0.0390%/8h= −42.7% APRnext payment −$1.95 per $10,000 · paid last 24h −0.006%
Price spread now: Binance against Gate+0.061%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$930.934% of the position
Funding, last 7 days−1.423%−$142 on $10k
+Price spread, last 7 days−0.131%−$13 · spread now +0.061%, 7d avg +0.028%
=The price spread pays, funding is against you. Binance is 0.033% dearer against Gate than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of +0.028%): +$3 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate 牛来_USDT | 0.1050 | 0.0490 | pay 0.0245% / 4h | 3h 59m | $2.9M | $4.9M | 20x |
| Short | Binance 牛来USDT | 0.1051 | 0.0100 | get 0.0050% / 4h | 3h 59m | $31.8M | $80.7M | 10x |
Gate 牛来_USDT
Binance 牛来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
- −$81.9
- Price spread: +0.061% → +0.028%
- $3.31
- Slippage, 4 orders
- −$68.35
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$171.94
- Costs to cover
- 0.934%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 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, 4 min ago | 2.41 bp | 34.8 bp −$35 | 761.7 bp −$7,617 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.97 bp | 14.3 bp −$14 | 65.1 bp −$651 | doesn't fit | doesn't fit |
牛来 on 6 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 牛来USDTshort | +0.0100% | 4h | 0.1051 | +0.061% | $31.8M | $80.7M | 10x | |
| SunX 牛来-USDT | +0.0100% | 4h | 0.1053 | +0.228% | $1K | $386K | 10x | as long as short |
| HTX 牛来-USDT | +0.0100% | 4h | 0.1052 | +0.143% | $117K | $951K | 20x | as long as short |
| Aster 牛来USDT | +0.0391% | 4h | 0.1050 | −0.077% | $587K | $456K | 10x | as long as short |
| Gate 牛来_USDTlong | +0.0490% | 4h | 0.1050 | long leg | $2.9M | $4.9M | 20x | |
| Bitget 牛来USDT | +0.0866% | 4h | 0.1052 | +0.133% | $1.8M | $5.0M | 10x | as long as short |
SunX 牛来-USDT
HTX 牛来-USDT
Aster 牛来USDT
Bitget 牛来USDT