Funding you earn now, next payment 00:00 UTC−0.0654%/8h= −71.6% APRnext payment −$3.27 per $10,000 · paid last 24h −0.049%
Price spread now: Binance against Gate−0.068%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1461.464% of the position
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.068%, 7d avg −0.063%
=The price spread sits at its 7-day average of −0.063%, so right now this pair is about funding alone: −$20 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.194% in total (about -10.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.27 per $10,000. 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 BANK_USDT | 0.03525 | 0.0754 | pay 0.0377% / 4h | 1h 15m | $719K | $1.5M | 10x |
| Short | Binance BANKUSDT | 0.03523 | 0.0100 | get 0.0050% / 4h | 1h 15m | $8.0M | $33.3M | 50x |
Gate BANK_USDT
Binance BANKUSDTFunding 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
- −$137.34
- Price spread: −0.068% → −0.063%
- −$0.45
- Slippage, 4 orders
- −$121.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$284.19
- Costs to cover
- 1.464%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 11 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, 1 min ago | 4.25 bp | 65.0 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.42 bp | 13.0 bp −$13 | 43.7 bp −$437 | doesn't fit | doesn't fit |
BANK on 11 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 BANKUSDT | +0.0100% | 4h | 0.03522 | −0.080% | $56K | $121K | 5x | as long as short |
| Binance BANKUSDTshort | +0.0100% | 4h | 0.03523 | −0.068% | $8.0M | $33.3M | 50x | |
| Bybit BANKUSDT | +0.0100% | 4h | 0.03525 | 0.000% | $2.9M | $6.8M | 20x | as long as short |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03523 | −0.057% | $2.6M | $637K | 20x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03520 | −0.142% | $1.2M | $196K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03523 | −0.057% | $36K | $284K | 20x | as long as short |
| edgeX BANKUSDC | +0.0118% | 4h | 0.03525 | +0.005% | $1K | $242K | 5x | as long as short |
| Bitget BANKUSDT | +0.0282% | 4h | 0.03525 | 0.000% | $2.8M | $3.5M | 25x | as long as short |
| BingX BANK-USDT | +0.0292% | 4h | 0.03523 | −0.057% | — | $6.9M | — | as long as short |
| BloFin BANK-USDT | +0.0340% | 4h | 0.03525 | 0.000% | $452K | $163K | 50x | as long as short |
Aster BANKUSDT
Bybit BANKUSDT
MEXC BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
edgeX BANKUSDC
Bitget BANKUSDT
BingX BANK-USDT
BloFin BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BANK_USDTlong | +0.0754% | 4h | 0.03525 | long leg | $719K | $1.5M | 10x |