Funding you earn now, next payment 04:00 UTC+0.0227%/8h= +24.9% APRnext payment +$1.14 per $10,000 · paid last 24h −0.196%
Price spread now: Gate against Binance+0.292%7-day average +0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$474as in the Funding arb table
Net, price: spread back to 7d avg − costs−$482as in the Price arb table
costs, in and out, $10k−$4964.956% of the position
Funding, last 7 days+0.220%+$22 on $10k
+Price spread, last 7 days−0.037%−$4 · spread now +0.292%, 7d avg +0.157%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 0.134% dearer against Binance than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.157%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BULLAUSDT | 0.1070 | 0.1441 | pay 0.0720% / 4h | 41m 05s | $11.9M | $9.7M | 10x |
| Short | Gate BULLA_USDT | 0.1073 | 0.1668 | get 0.0834% / 4h | 41m 05s | $1.3M | $330K | 10x |
Binance BULLAUSDT
Gate BULLA_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
- $47.7
- Price spread: +0.292% → +0.157%
- $13.44
- Slippage, 4 orders
- −$470.62
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$434.48
- Costs to cover
- 4.956%
- Break-even
- 70.8 days
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 1 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, 14 min ago | 0.47 bp | 33.9 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.98 bp | 140.6 bp −$141 | doesn't fit | doesn't fit | doesn't fit |
BULLA on 5 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 BULLAUSDT | +0.0100% | 4h | 0.1067 | −0.308% | $6.0M | $1.1M | 5x | as long as short |
| BingX BULLA-USDT | +0.1370% | 4h | 0.1070 | −0.005% | — | $6.6M | — | as long as short |
| Binance BULLAUSDTlong | +0.1441% | 4h | 0.1070 | long leg | $11.9M | $9.7M | 10x | |
| MEXC BULLA_USDT | +0.1446% | 4h | 0.1069 | −0.052% | $7.7M | $397K | 20x | as long as short |
| Gate BULLA_USDTshort | +0.1668% | 4h | 0.1073 | +0.292% | $1.3M | $330K | 10x |
Aster BULLAUSDT
BingX BULLA-USDT
MEXC BULLA_USDT