Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: Gate against Binance−0.027%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1921.919% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 4 days (all we have)−0.299%−$30 · spread now −0.027%, 7d avg −0.041%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SUSDT | 0.03925 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $5.4M | $19.6M | 75x |
| Short | Gate S_USDT | 0.03924 | 0.0100 | get 0.0050% / 4h | 1h 33m | $321K | $265K | 50x |
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
- $0
- Price spread: −0.027% → −0.041%
- $1.33
- Slippage, 4 orders
- −$166.94
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$190.61
- Costs to cover
- 1.919%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Gate: live order book, 47 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, 8 min ago | 1.27 bp | 19.8 bp −$20 | 59.1 bp −$591 | 3006.5 bp −$300.6K | doesn't fit |
| Sell Gate live order book, 47 min ago | 7.65 bp | 75.0 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUSD | −0.1592% | 1h | 0.03925 | −0.008% | $33K | $26K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1576% | 1h | 0.03826 | −2.524% | $47K | $5K | 25x | as long as short |
| Variational Omni S | −0.0880% | 4h | 0.03922 | −0.077% | $610K | $31K | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0195% / S +0.0189% | 1h | 0.03930 | +0.120% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03927 | +0.062% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03931 | +0.162% | $606 | — | 150x | as long as short |
| Orderly PERP_S_USDC | +0.0026% | 4h | 0.03930 | +0.126% | $100K | $345K | 10x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +4.457% | $2K | $37K | 12x | as long as short |
| Aster SUSDT | +0.0079% | 4h | 0.03930 | +0.132% | $43K | $212K | 10x | as long as short |
| 01 Exchange SUSD | +0.0088% | 1h | 0.03920 | −0.129% | $24K | $2K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter S | +0.0096% | 1h | 0.03932 | +0.176% | $165K | $222K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.03928 | +0.064% | $986K | $757K | 5x | as long as short |
| Binance SUSDTlong | +0.0100% | 4h | 0.03925 | long leg | $5.4M | $19.6M | 75x | |
| Bybit SUSDT | +0.0100% | 4h | 0.03920 | −0.129% | $5.6M | $5.8M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03924 | −0.027% | $978K | $6.1M | 20x | as long as short |
| Gate S_USDTshort | +0.0100% | 4h | 0.03924 | −0.027% | $321K | $265K | 50x | |
| MEXC S_USDT | +0.0100% | 4h | 0.03930 | +0.126% | $3.6M | $2.3M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03926 | +0.024% | $1.8M | $3.0M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03929 | +0.100% | $1.2M | $2.7M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03927 | +0.049% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03930 | +0.126% | $25K | $465K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03924 | −0.038% | $221K | $881K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.0334% | 1h | 0.03930 | +0.126% | $114K | $300K | 5x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03927 | +0.049% | $266K | $127K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0513% | 1h | 0.03934 | +0.227% | $66K | $10K | 10x | as long as short |
Binance SUSDT
Gate S_USDT
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
Variational Omni S
GMX S/USD [WBTC.b-USDC]
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Aster SUSDT
01 Exchange SUSD
Lighter S
Hyperliquid S
Bybit SUSDT
OKX S-USDT-SWAP
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
Backpack S_USDC_PERP
BloFin S-USDT
Deribit S_USDC-PERPETUAL