Funding you earn now, next payment 23:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.110%
Price spread now: Extended against Gate+0.020%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$356as in the Funding arb table
Net, price: spread back to 7d avg − costs−$394as in the Price arb table
costs, in and out, $10k−$3893.893% of the position
Funding, last 7 days+0.336%+$34 on $10k
+Price spread, last 4 days (all we have)+0.149%+$15 · spread now +0.020%, 7d avg +0.070%
=Together, before fees+0.485%+ Points / potential airdropExtended: Active · farm board+$49 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.050% cheaper against Gate than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.070%). If the spread goes back, that is −$5 on $10k: about 14 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.336% in total) that is about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate US_USDT | 0.01627 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $2.0M | $549K | 20x |
| Short | Extended US-USD | 0.01628 | 0.0112 | get 0.0014% / 1h | 33m 21s | $4K | $141K | 5x |
Gate US_USDT
Extended US-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $2.52
- Price spread: +0.020% → +0.070%
- −$5.02
- Slippage, 4 orders
- −$369.33
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$391.83
- Costs to cover
- 3.893%
- Break-even
- 1095.4 days
Slippage from Gate: live order book, 4 min ago; Extended: 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 Gate live order book, 4 min ago | 7.05 bp | 78.5 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 47 min ago | 6.08 bp | 113.5 bp −$113 | 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 | −0.0166% | 4h | 0.01625 | −0.160% | $4.1M | $277K | 20x | as long as short |
| Aster USUSDT | +0.0100% | 4h | 0.01628 | +0.036% | $12K | $55K | 5x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01631 | +0.221% | $3.2M | $852K | 20x | as long as short |
| Gate US_USDTlong | +0.0100% | 4h | 0.01627 | long leg | $2.0M | $549K | 20x | |
| Variational Omni US | +0.0100% | 4h | 0.01634 | +0.394% | $16K | $3K | — | as long as short |
| Binance USUSDT | +0.0104% | 4h | 0.01631 | +0.236% | $9.1M | $3.1M | 10x | as long as short |
| MEXC US_USDT | +0.0110% | 4h | 0.01631 | +0.240% | $5.5M | $115K | 100x | as long as short |
| BloFin US-USDT | +0.0112% | 4h | 0.01632 | +0.313% | $477K | $49K | 10x | as long as short |
| Extended US-USDshort | +0.0112% | 1h | 0.01628 | +0.020% | $4K | $141K | 5x | |
| Bitget USUSDT | +0.0440% | 4h | 0.01633 | +0.363% | $4.3M | $248K | 10x | as long as short |
KuCoin USUSDTM
Aster USUSDT
Bybit USUSDT
Variational Omni US
Binance USUSDT
MEXC US_USDT
BloFin US-USDT
Bitget USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX US-USDT | +0.0450% | 4h | 0.01631 | +0.240% | — | $1.3M | — | as long as short |
BingX US-USDT