Funding you earn now, next payment 00:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.95 per $10,000 · paid last 24h −0.109%
Price spread now: Binance against Gate+0.317%7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$289as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2392.388% of the position
Funding, last 7 days−0.501%−$50 on $10k
+Price spread, last 4 days (all we have)−0.330%−$33 · spread now +0.317%, 7d avg +0.117%
=The price spread pays, funding is against you. Binance is 0.200% dearer against Gate than usual: you sell high and buy low (spread +0.317% now, against its 7-day average of +0.117%): +$20 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPACE_USDT | 0.005046 | 0.0290 | pay 0.0145% / 4h | 53m 23s | $760K | $425K | 20x |
| Short | Binance SPACEUSDT | 0.005062 | 0.0100 | get 0.0050% / 4h | 53m 23s | $1.9M | $1.9M | 50x |
Gate SPACE_USDT
Binance SPACEUSDTFunding 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
- −$39.9
- Price spread: +0.317% → +0.117%
- $19.99
- Slippage, 4 orders
- −$213.78
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$258.69
- Costs to cover
- 2.388%
- Break-even
- never at this rate
Slippage from Gate: live order book, 23 min ago; Binance: live order book, 11 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, 23 min ago | 7.98 bp | 115.0 bp −$115 | 5197.4 bp −$52.0K | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 1.98 bp | 28.1 bp −$28 | 134.4 bp −$1,344 | doesn't fit | doesn't fit |
SPACE on 9 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 SPACE-USDT | +0.0084% | 4h | 0.005061 | +0.297% | $156K | $8K | 50x | as long as short |
| Binance SPACEUSDTshort | +0.0100% | 4h | 0.005062 | +0.317% | $1.9M | $1.9M | 50x | |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.005050 | +0.079% | $775K | $161K | 13x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005052 | +0.119% | $1.5M | $1.1M | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005060 | +0.277% | $366K | $151K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.005057 | +0.218% | $640K | $102K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0116% | 4h | 0.005052 | +0.119% | $882K | $230K | 20x | as long as short |
| Gate SPACE_USDTlong | +0.0290% | 4h | 0.005046 | long leg | $760K | $425K | 20x | |
| Aster SPACEUSDT | +0.0813% | 4h | 0.005046 | −0.007% | $15K | $30K | 5x | as long as short |
BloFin SPACE-USDT
Bybit SPACEUSDT
OKX SPACE-USDT-SWAP
MEXC SPACE_USDT
KuCoin SPACEUSDTM
Bitget SPACEUSDT
Aster SPACEUSDT