Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Binance−0.040%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$506as in the Funding arb table
Net, price: spread back to 7d avg − costs−$508as in the Price arb table
costs, in and out, $10k−$5085.076% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.040%, 7d avg −0.036%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IOUSDT | 0.1514 | 0.0100 | pay 0.0050% / 4h | 2h 26m | $3.0M | $6.4M | 50x |
| Short | Gate IO_USDT | 0.1513 | 0.0100 | get 0.0050% / 4h | 2h 26m | $232K | $542K | 50x |
Binance IOUSDT
Gate IO_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
- $0
- Price spread: −0.040% → −0.036%
- −$0.32
- Slippage, 4 orders
- −$482.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$507.97
- Costs to cover
- 5.076%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Gate: live order book, 59 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, 12 min ago | 6.65 bp | 19.1 bp −$19 | 94.3 bp −$943 | doesn't fit | doesn't fit |
| Sell Gate live order book, 59 min ago | 4.32 bp | 222.3 bp −$222 | doesn't fit | doesn't fit | doesn't fit |
IO on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective IO/USDC PERP | −0.0157% | 1h | 0.1506 | −0.528% | $2K | $102 | 5.5x | as long as short |
| Hyperliquid IO | +0.0100% | 1h | 0.1513 | −0.079% | $1.0M | $393K | 3x | as long as short |
| Aster IOUSDT | +0.0100% | 4h | 0.1515 | +0.052% | $6K | $32K | 5x | as long as short |
| Binance IOUSDTlong | +0.0100% | 4h | 0.1514 | long leg | $3.0M | $6.4M | 50x | |
| Bybit IOUSDT | +0.0100% | 4h | 0.1513 | −0.066% | $1.1M | $866K | 25x | as long as short |
| Gate IO_USDTshort | +0.0100% | 4h | 0.1513 | −0.040% | $232K | $542K | 50x | |
| MEXC IO_USDT | +0.0100% | 4h | 0.1512 | −0.132% | $1.2M | $239K | 125x | as long as short |
| KuCoin IOUSDTM | +0.0100% | 4h | 0.1513 | −0.066% | $403K | $654K | 50x | as long as short |
| Bitget IOUSDT | +0.0100% | 4h | 0.1514 | 0.000% | $1.3M | $1.2M | 50x | as long as short |
| BingX IO-USDT | +0.0100% | 4h | 0.1514 | 0.000% | — | $1.3M | — | as long as short |
Injective IO/USDC PERP
Hyperliquid IO
Aster IOUSDT
Bybit IOUSDT
MEXC IO_USDT
KuCoin IOUSDTM
Bitget IOUSDT
BingX IO-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni IO | +0.0100% | 4h | 0.1506 | −0.500% | $30K | $5K | — | as long as short |
| Extended IO-USD | +0.0104% | 1h | 0.1514 | −0.011% | $5K | $171K | 5x | as long as short |
| BloFin IO-USDT | +0.0159% | 4h | 0.1513 | −0.066% | $192K | $30K | 50x | as long as short |
| Kraken Futures PF_IOUSD | +0.5419% | 1h | 0.1517 | +0.201% | $39K | $21K | 10x | as long as short |
Variational Omni IO
Extended IO-USD
BloFin IO-USDT
Kraken Futures PF_IOUSD