Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.033%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$498as in the Funding arb table
Net, price: spread back to 7d avg − costs−$495as in the Price arb table
costs, in and out, $10k−$4954.949% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.033%, 7d avg +0.037%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IO_USDT | 0.1507 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $230K | $553K | 50x |
| Short | Binance IOUSDT | 0.1507 | 0.0100 | get 0.0050% / 4h | 3h 56m | $3.0M | $6.5M | 50x |
Gate IO_USDT
Binance IOUSDTFunding 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
- $0
- Price spread: +0.033% → +0.037%
- −$0.38
- Slippage, 4 orders
- −$469.93
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$495.31
- Costs to cover
- 4.949%
- Break-even
- never at this rate
Slippage from Gate: live order book, 59 min ago; Binance: live order book, 12 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, 59 min ago | 5.28 bp | 238.2 bp −$238 | 17709.0 bp −$177.1K | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 3.30 bp | 22.5 bp −$23 | 106.4 bp −$1,064 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IO-USDT | +0.0043% | 4h | 0.1505 | −0.100% | $193K | $39K | 50x | as long as short |
| Hyperliquid IO | +0.0100% | 1h | 0.1508 | +0.100% | $1.0M | $369K | 3x | as long as short |
| Aster IOUSDT | +0.0100% | 4h | 0.1508 | +0.085% | $23K | $49K | 5x | as long as short |
| Binance IOUSDTshort | +0.0100% | 4h | 0.1507 | +0.033% | $3.0M | $6.5M | 50x | |
| Bybit IOUSDT | +0.0100% | 4h | 0.1506 | −0.020% | $1.1M | $906K | 25x | as long as short |
| Gate IO_USDTlong | +0.0100% | 4h | 0.1507 | long leg | $230K | $553K | 50x | |
| MEXC IO_USDT | +0.0100% | 4h | 0.1506 | −0.033% | $1.2M | $226K | 125x | as long as short |
| KuCoin IOUSDTM | +0.0100% | 4h | 0.1507 | +0.033% | $356K | $647K | 50x | as long as short |
| Bitget IOUSDT | +0.0100% | 4h | 0.1508 | +0.100% | $1.3M | $1.3M | 50x | as long as short |
| BingX IO-USDT | +0.0100% | 4h | 0.1507 | +0.033% | — | $1.3M | — | as long as short |
BloFin IO-USDT
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 | 0.1513 | +0.414% | $33K | $13K | — | as long as short |
| Extended IO-USD | +0.0104% | 1h | 0.1507 | +0.006% | $241 | $137K | 5x | as long as short |
| Injective IO/USDC PERP | +0.0193% | 1h | 0.1508 | +0.100% | $2K | $199 | 5.5x | as long as short |
| Kraken Futures PF_IOUSD | +1.6692% | 1h | 0.1505 | −0.124% | $39K | $10K | 10x | as long as short |
Variational Omni IO
Extended IO-USD
Injective IO/USDC PERP
Kraken Futures PF_IOUSD