Funding you earn now, next payment 09:00 UTC+0.1964%/8h= +215.1% APRnext payment +$2.46 per $10,000 · paid last 24h +0.112%
Price spread now: Gate against Binance+0.093%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1191.193% of the position
Funding, last 7 days+1.060%+$106 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now +0.093%, 7d avg +0.052%
=Both sides work for this trade now. Funding pays +$59 a day on $10k at the current rate, and Gate is 0.040% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.052%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.060% in total (about 55.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LSKUSDT | 0.3433 | −0.5844 | get 0.0731% / 1h | 56m 30s | $15.2M | $100.6M | 50x |
| Short | Gate LSK_USDT | 0.3436 | −0.3880 | pay 0.0485% / 1h | 56m 30s | $1.4M | $2.6M | 20x |
Funding 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
- $412.54
- Price spread: +0.093% → +0.052%
- $4.01
- Slippage, 4 orders
- −$94.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $297.25
- Costs to cover
- 1.193%
- Break-even
- 2.0 days
Slippage from Binance: live order book, 1 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, 1 min ago | 0.15 bp | 14.4 bp −$14 | 80.6 bp −$806 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.46 bp | 46.1 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
LSK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC LSK_USDT | −0.5864% | 1h | 0.3433 | +0.020% | $8.8M | $2.3M | 20x | as long as short |
| Binance LSKUSDTlong | −0.5844% | 1h | 0.3433 | long leg | $15.2M | $100.6M | 50x | |
| BingX LSK-USDT | −0.5568% | 1h | 0.3435 | +0.075% | — | $3.0M | — | as long as short |
| Kraken Futures PF_LSKUSD | −0.5163% | 1h | 0.3441 | +0.226% | $104K | $357K | 10x | as long as short |
| Aster LSKUSDT | −0.4982% | 1h | 0.3435 | +0.072% | $50K | $183K | 5x | as long as short |
| Gate LSK_USDTshort | −0.3880% | 1h | 0.3436 | +0.093% | $1.4M | $2.6M | 20x | |
| HTX LSK-USDT | −0.0996% | 1h | 0.3426 | −0.202% | $39K | $320K | 20x | as long as short |
| Bitget LSKUSDT | −0.0952% | 1h | 0.3431 | −0.053% | $2.7M | $9.9M | 50x | as long as short |
| Variational Omni LSK | −0.0920% | 1h | 0.3453 | +0.602% | $31K | $192K | — | as long as short |
| Bybit LSKUSDT | +0.0100% | 1h | 0.3447 | +0.413% | $9.0M | $21.4M | 25x | as long as short |
Binance LSKUSDT
Gate LSK_USDT
MEXC LSK_USDT
BingX LSK-USDT
Kraken Futures PF_LSKUSD
Aster LSKUSDT
HTX LSK-USDT
Bitget LSKUSDT
Variational Omni LSK
Bybit LSKUSDT