Funding you earn now, next payment 08:00 UTC+0.0608%/8h= +66.6% APRnext payment +$3.04 per $10,000 · paid last 24h −0.253%
Price spread now: Gate against Binance−0.115%7-day average −0.152% · you buy dearer than you sell
Net, funding: paid 7d − costs−$297as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1281.280% of the position
Funding, last 7 days−1.692%−$169 on $10k
+Price spread, last 7 days+0.046%+$5 · spread now −0.115%, 7d avg −0.152%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Gate is 0.036% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.152%. Mind the row above: over the last 7 days funding on this pair cost −1.692%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BRUSDT | 1.1429 | 0.0684 | pay 0.0342% / 4h | 3h 56m | $54.5M | $139.5M | 25x |
| Short | Gate BR_USDT | 1.1416 | 0.1292 | get 0.0646% / 4h | 3h 56m | $7.6M | $8.0M | 20x |
Binance BRUSDT
Gate BR_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $127.75
- Price spread: −0.115% → −0.152%
- $3.64
- Slippage, 4 orders
- −$102.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $3.41
- Costs to cover
- 1.280%
- Break-even
- 6.8 days
Slippage from Binance: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago | 0.88 bp | 13.8 bp −$14 | 73.5 bp −$735 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 0.04 bp | 48.5 bp −$48 | 463.4 bp −$4,634 | doesn't fit | doesn't fit |
BR 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1416 | −0.119% | — | $5.8M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1410 | −0.174% | $10.9M | $22.9M | 5x | as long as short |
| KuCoin BRUSDTM | +0.0100% | 4h | 1.1410 | −0.169% | $4.9M | $4.9M | 30x | as long as short |
| Bitget BRUSDT | +0.0100% | 4h | 1.1428 | −0.013% | $8.4M | $10.8M | 10x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1310 | −1.047% | $265K | $247K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1393 | −0.319% | — | $709K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1432 | +0.021% | $87K | $250K | 20x | as long as short |
| Aster BRUSDT | +0.0413% | 4h | 1.1400 | −0.254% | $670K | $2.4M | 5x | as long as short |
| MEXC BR_USDT | +0.0682% | 4h | 1.1426 | −0.026% | $15.5M | $6.5M | 100x | as long as short |
| Binance BRUSDTlong | +0.0684% | 4h | 1.1429 | long leg | $54.5M | $139.5M | 25x |
BingX BR-USDT
Bybit BRUSDT
KuCoin BRUSDTM
Bitget BRUSDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Aster BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BR_USDTshort | +0.1292% | 4h | 1.1416 | −0.115% | $7.6M | $8.0M | 20x |