Funding you earn now, next payment 03:00 UTC−0.1303%/8h= −142.6% APRpaid last 24h −0.049%
Price spread now: Gate against Binance−0.375%7-day average −2.867% · you buy dearer than you sell
Net, funding: paid 7d − costs+$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$344as in the Price arb table
costs, in and out, $10k−$5935.928% of the position
Funding, last 7 days+8.040%+$804 on $10k
+Price spread, last 7 days−0.609%−$61 · spread now −0.375%, 7d avg −2.867%
=The price spread pays, funding is against you. Gate is 2.492% dearer against Binance than usual: you sell high and buy low (spread −0.375% now, against its 7-day average of −2.867%): +$249 on $10k if it goes back. Holding the pair costs −$39 a day in funding at the current rate, which eats that in about 6.4 days. Mind the row above: over the last 7 days funding on this pair paid +8.040%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ONEUSDT | 0.004315 | −0.0310 | get 0.0039% / 1h | 38m 14s | $14.7M | $354.0M | 50x |
| Short | Gate ONE_USDT | 0.004299 | −0.1613 | pay 0.1613% / 8h | 5h 38m | $1.7M | $15.5M | 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
- −$273.55
- Price spread: −0.375% → −2.867%
- $249.15
- Slippage, 4 orders
- −$567.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$617.2
- Costs to cover
- 5.928%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago | 1.54 bp | 20.8 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.57 bp | 184.0 bp −$184 | doesn't fit | doesn't fit | doesn't fit |
ONE 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −3.0947% | 1h | 0.005294 | +22.680% | $6.3M | $273.7M | 10x | as long as short |
| Variational Omni ONE | −0.4049% | 1h | 0.004242 | −1.696% | $103K | $55K | — | as long as short |
| Aster ONEUSDT | −0.1680% | 1h | 0.004307 | −0.178% | $2.3M | $5.7M | 5x | as long as short |
| Gate ONE_USDTshort | −0.1613% | 8h | 0.004299 | −0.375% | $1.7M | $15.5M | 20x | |
| BloFin ONE-USDT | −0.1242% | 1h | 0.004287 | −0.663% | $835K | $3.0M | 50x | as long as short |
| Bitget ONEUSDT | −0.1024% | 1h | 0.004352 | +0.848% | $2.0M | $35.1M | 20x | as long as short |
| Binance ONEUSDTlong | −0.0310% | 1h | 0.004315 | long leg | $14.7M | $354.0M | 50x | |
| MEXC ONE_USDT | −0.0304% | 1h | 0.004320 | +0.111% | $11.7M | $16.2M | 20x | as long as short |
| BingX ONE-USDT | −0.0024% | 1h | 0.004312 | −0.072% | — | $6.4M | — | as long as short |
| KuCoin ONEUSDTM | +0.6272% | 1h | 0.004535 | +5.094% | $4.4M | $13.0M | 30x | as long as short |
Binance ONEUSDT
Gate ONE_USDT
OKX ONE-USDT-SWAP
Variational Omni ONE
Aster ONEUSDT
BloFin ONE-USDT
Bitget ONEUSDT
MEXC ONE_USDT
BingX ONE-USDT
KuCoin ONEUSDTM