Funding you earn now, next payment 08:00 UTC−0.0281%/8h= −30.8% APRnext payment −$1.41 per $10,000 · paid last 24h −0.157%
Price spread now: Gate against Binance−0.073%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2282.279% of the position
Funding, last 7 days−0.386%−$39 on $10k
+Price spread, last 7 days−0.145%−$14 · spread now −0.073%, 7d avg −0.127%
=The price spread pays, funding is against you. Gate is 0.053% dearer against Binance than usual: you sell high and buy low (spread −0.073% now, against its 7-day average of −0.127%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance USUSDT | 0.01632 | 0.0381 | pay 0.0191% / 4h | 1h 36m | $9.1M | $3.3M | 10x |
| Short | Gate US_USDT | 0.01631 | 0.0100 | get 0.0050% / 4h | 1h 36m | $2.1M | $604K | 20x |
Binance USUSDT
Gate US_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
- −$59.04
- Price spread: −0.073% → −0.127%
- $5.33
- Slippage, 4 orders
- −$202.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$281.62
- Costs to cover
- 2.279%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 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, 3 min ago | 2.76 bp | 53.1 bp −$53 | 402.5 bp −$4,025 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 11.34 bp | 81.0 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
US on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | +0.0082% | 4h | 0.01623 | −0.557% | $4.0M | $399K | 20x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01633 | +0.080% | $3.2M | $936K | 20x | as long as short |
| Gate US_USDTshort | +0.0100% | 4h | 0.01631 | −0.073% | $2.1M | $604K | 20x | |
| Variational Omni US | +0.0100% | 4h | 0.01636 | +0.258% | $16K | $4K | — | as long as short |
| Bitget USUSDT | +0.0134% | 4h | 0.01633 | +0.055% | $4.3M | $266K | 10x | as long as short |
| Aster USUSDT | +0.0256% | 4h | 0.01633 | +0.043% | $12K | $54K | 5x | as long as short |
| BloFin US-USDT | +0.0342% | 4h | 0.01633 | +0.037% | $481K | $49K | 10x | as long as short |
| Binance USUSDTlong | +0.0381% | 4h | 0.01632 | long leg | $9.1M | $3.3M | 10x | |
| Extended US-USD | +0.0384% | 1h | 0.01632 | 0.000% | $6K | $171K | 5x | as long as short |
| MEXC US_USDT | +0.0390% | 4h | 0.01632 | +0.031% | $5.5M | $114K | 100x | as long as short |
KuCoin USUSDTM
Bybit USUSDT
Variational Omni US
Bitget USUSDT
Aster USUSDT
BloFin US-USDT
Extended US-USD
MEXC US_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDT | +0.0400% | 4h | 0.01633 | +0.061% | — | $1.3M | — | as long as short |
BingX US-USDT