Funding you earn now, next payment 08:00 UTC+0.0771%/8h= +84.4% APRnext payment +$3.86 per $10,000 · paid last 24h +0.234%
Price spread now: Binance against Gate+0.235%7-day average +0.152% · you sell dearer than you buy
Net, funding: paid 7d − costs+$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
Funding, last 7 days+1.706%+$171 on $10k
+Price spread, last 7 days−0.175%−$17 · spread now +0.235%, 7d avg +0.152%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Binance is 0.083% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.152%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BR_USDT | 1.1577 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $7.7M | $8.4M | 20x |
| Short | Binance BRUSDT | 1.1604 | 0.0871 | get 0.0436% / 4h | 2h 18m | $55.2M | $136.3M | 25x |
Gate BR_USDT
Binance BRUSDTFunding 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
- $161.94
- Price spread: +0.235% → +0.152%
- $8.28
- Slippage, 4 orders
- −$79.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $65.81
- Costs to cover
- 1.044%
- Break-even
- 4.2 days
Slippage from Gate: live order book, 5 min ago; Binance: live order book, 10 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, 5 min ago | 1.58 bp | 32.3 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.09 bp | 16.1 bp −$16 | 59.2 bp −$592 | 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 | 1.1604 | +0.234% | — | $5.8M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1588 | +0.096% | $11.1M | $22.2M | 5x | as long as short |
| Gate BR_USDTlong | +0.0100% | 4h | 1.1577 | long leg | $7.7M | $8.4M | 20x | |
| Variational Omni BR | +0.0100% | 4h | 1.1648 | +0.617% | $281K | $265K | — | as long as short |
| SunX BR-USDT | +0.0100% | 4h | 1.1598 | +0.181% | — | $725K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1617 | +0.345% | $88K | $234K | 20x | as long as short |
| Bitget BRUSDT | +0.0122% | 4h | 1.1588 | +0.097% | $8.5M | $10.5M | 10x | as long as short |
| KuCoin BRUSDTM | +0.0176% | 4h | 1.1590 | +0.117% | $5.2M | $5.0M | 30x | as long as short |
| Aster BRUSDT | +0.0330% | 4h | 1.1580 | +0.029% | $673K | $2.3M | 5x | as long as short |
| Binance BRUSDTshort | +0.0871% | 4h | 1.1604 | +0.235% | $55.2M | $136.3M | 25x |
BingX BR-USDT
Bybit BRUSDT
Variational Omni BR
SunX BR-USDT
HTX BR-USDT
Bitget BRUSDT
KuCoin BRUSDTM
Aster BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.0880% | 4h | 1.1597 | +0.171% | $15.6M | $6.5M | 100x | as long as short |
MEXC BR_USDT