Funding you earn now, next payment 06:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.137%
Price spread now: Gate against Extended−0.131%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$426as in the Funding arb table
Net, price: spread back to 7d avg − costs−$403as in the Price arb table
costs, in and out, $10k−$3903.901% of the position
Funding, last 7 days−0.362%−$36 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.131% cheaper against Extended than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended US-USD | 0.01631 | 0.0272 | pay 0.0034% / 1h | 56m 29s | $4K | $168K | 5x |
| Short | Gate US_USDT | 0.01629 | 0.0100 | get 0.0050% / 4h | 2h 56m | $2.0M | $587K | 20x |
Extended US-USD
Gate US_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- −$36.12
- Price spread: −0.131% → 0.000%
- −$13.12
- Slippage, 4 orders
- −$370.13
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$439.37
- Costs to cover
- 3.901%
- Break-even
- never at this rate
Slippage from Extended: live order book, 27 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 Extended live order book, 27 min ago | 4.60 bp | 97.1 bp −$97 | 847.8 bp −$8,478 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 15.35 bp | 81.6 bp −$82 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01633 | +0.126% | $3.2M | $934K | 20x | as long as short |
| Gate US_USDTshort | +0.0100% | 4h | 0.01629 | −0.131% | $2.0M | $587K | 20x | |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01621 | −0.597% | $4.0M | $361K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01633 | +0.133% | $16K | $3K | — | as long as short |
| Aster USUSDT | +0.0200% | 4h | 0.01630 | −0.072% | $12K | $54K | 5x | as long as short |
| BloFin US-USDT | +0.0257% | 4h | 0.01631 | +0.004% | $481K | $49K | 10x | as long as short |
| MEXC US_USDT | +0.0268% | 4h | 0.01631 | +0.022% | $5.5M | $112K | 100x | as long as short |
| Extended US-USDlong | +0.0272% | 1h | 0.01631 | long leg | $4K | $168K | 5x | |
| Binance USUSDT | +0.0273% | 4h | 0.01631 | +0.016% | $9.1M | $3.2M | 10x | as long as short |
| Bitget USUSDT | +0.0362% | 4h | 0.01632 | +0.040% | $4.3M | $259K | 10x | as long as short |
Bybit USUSDT
KuCoin USUSDTM
Variational Omni US
Aster USUSDT
BloFin US-USDT
MEXC US_USDT
Binance USUSDT
Bitget USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDT | +0.0370% | 4h | 0.01632 | +0.065% | — | $1.3M | — | as long as short |
BingX US-USDT