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

ATH

all ATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.214%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$2042.043% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.990%−$99 · spread now +0.214%, 7d avg +0.118%
Together, before fees−0.990%−$99 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.096% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.118%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ATH_USDT0.0054930.0100pay 0.0050% / 4h3h 18m$785K$611K30x
ShortBinance ATHUSDT0.0055050.0100get 0.0050% / 4h3h 18m$3.2M$4.2M50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.214% → +0.118%
$9.63
Slippage, 4 orders
−$179.33
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$194.7
Costs to cover
2.043%
Break-even
never at this rate
Slippage from Gate: live order book, 13 min ago; Binance: live order book, 3 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 Gate live order book, 13 min ago6.47 bp76.9 bp −$77doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 3 min ago1.82 bp37.1 bp −$37122.2 bp −$1,222doesn't fitdoesn't fit

ATH on 13 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
Kraken Futures PF_ATHUSD−0.1681%1h0.005514+0.383%$17K$109K10xas long as short
Variational Omni ATH−0.0133%4h0.005479−0.251%$184K$93Kas long as short
dYdX ATH-USD0.0000%1h0.005498+0.094%$11K$595xas long as short
BloFin ATH-USDT+0.0092%4h0.005500+0.127%$161K$70K75xas long as short
Aster ATHUSDT+0.0100%4h0.005502+0.161%$4K$44K5xas long as short
Binance ATHUSDTshort+0.0100%4h0.005505+0.214%$3.2M$4.2M50x
Bybit ATHUSDT+0.0100%4h0.005498+0.091%$4.3M$2.7M25xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005500+0.127%$707K$1.3M20xas long as short
Gate ATH_USDTlong+0.0100%4h0.005493long leg$785K$611K30x
MEXC ATH_USDT+0.0100%4h0.005504+0.200%$8.9M$674K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005501+0.146%$549K$79K30xas long as short
Bitget ATHUSDT+0.0100%4h0.005509+0.291%$1.5M$920K25xas long as short
BingX ATH-USDT+0.0100%4h0.005499+0.109%$21.3Mas long as short