Funding you earn now, next payment 04:00 UTC+0.1220%/8h= +133.6% APRnext payment +$6.10 per $10,000 · paid last 24h +0.143%
Price spread now: Gate against Binance−0.011%7-day average +0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1301.296% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.011%, 7d avg +0.091%
=Funding pays, the price is against you. Gate is 0.103% cheaper against Binance than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.091%). If the spread goes back, that is −$10 on $10k: about 7 hours of funding at the current rate (+$37 a day). At the pace of the last 7 days (+0.065% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.10 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 RIFUSDT | 0.08804 | 0.0100 | pay 0.0050% / 4h | 41m 14s | $2.1M | $3.1M | 50x |
| Short | Gate RIF_USDT | 0.08803 | 0.1320 | get 0.0660% / 4h | 41m 14s | $146K | $417K | 20x |
Binance RIFUSDT
Gate RIF_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
- $256.2
- Price spread: −0.011% → +0.091%
- −$10.28
- Slippage, 4 orders
- −$104.56
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $116.36
- Costs to cover
- 1.296%
- Break-even
- 3.8 days
Slippage from Binance: live order book, 9 min ago; Gate: live order book, 14 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, 9 min ago | 0.57 bp | 16.5 bp −$16 | 160.8 bp −$1,608 | doesn't fit | doesn't fit |
| Sell Gate live order book, 14 min ago | 2.26 bp | 44.7 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
RIF on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX RIF-USDT | +0.0070% | 4h | 0.08805 | +0.011% | — | $2.3M | — | as long as short |
| Aster RIFUSDT | +0.0100% | 4h | 0.08798 | −0.065% | $74K | $8K | 5x | as long as short |
| Binance RIFUSDTlong | +0.0100% | 4h | 0.08804 | long leg | $2.1M | $3.1M | 50x | |
| MEXC RIF_USDT | +0.0100% | 4h | 0.08803 | −0.011% | $9.1M | $68K | 20x | as long as short |
| KuCoin RIFUSDTM | +0.0100% | 4h | 0.08804 | −0.002% | $56K | $37K | 20x | as long as short |
| Gate RIF_USDTshort | +0.1320% | 4h | 0.08803 | −0.011% | $146K | $417K | 20x |
BingX RIF-USDT
Aster RIFUSDT
MEXC RIF_USDT
KuCoin RIFUSDTM