Funding you earn now, next payment 04:00 UTC−0.0370%/8h= −40.5% APRpaid last 24h −0.052%
Price spread now: tradeXYZ against Gate+0.009%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$600.601% of the position
Funding, last 7 days+0.158%+$16 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now +0.009%, 7d avg −0.088%
=Together, before fees+0.142%+ Points / potential airdroptradeXYZ: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.097% dearer against Gate than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.088%): +$10 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 21 hours. Mind the row above: over the last 7 days funding on this pair paid +0.158%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.158% in total (about 8.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AMAT_USDT | 470.40 | 0.0420 | pay 0.0420% / 8h | 4h 34m | $1.7M | $6.3M | 50x |
| Short | tradeXYZ xyz:AMAT | 470.44 | 0.0050 | get 0.0006% / 1h | 34m 08s | $2.6M | $2.2M | 10x |
Gate AMAT_USDT
tradeXYZ xyz:AMATFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$77.7
- Price spread: +0.009% → −0.088%
- $9.67
- Slippage, 4 orders
- −$27.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$128.17
- Costs to cover
- 0.601%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; tradeXYZ: live order book, 4 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 | 1.06 bp | 19.0 bp −$19 | 178.9 bp −$1,789 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 1.81 bp | 13.1 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 470.46 | +0.012% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 470.45 | +0.011% | $899K | $656K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 471.23 | +0.176% | $1.4M | $1.6M | 20x | as long as short |
| Bitget AMATUSDT | 0.0000% | 8h | 470.65 | +0.053% | $2.1M | $1.7M | 20x | as long as short |
| Variational Omni AMAT | 0.0000% | 8h | 470.49 | +0.019% | $66K | $44K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 470.64 | +0.051% | $852 | $101K | 10x | as long as short |
| BloFin AMAT-USDT | +0.0020% | 8h | 470.56 | +0.034% | $110K | $94K | 20x | as long as short |
| Binance AMATUSDT | +0.0039% | 8h | 470.49 | +0.019% | $8.9M | $12.6M | 20x | as long as short |
| Extended AMAT-USD | +0.0040% | 1h | 470.37 | −0.006% | $5K | $27K | 10x | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 470.43 | +0.006% | — | — | 10x | as long as short |
Aster AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
Variational Omni AMAT
GRVT AMAT_USDT_Perp
BloFin AMAT-USDT
Binance AMATUSDT
Extended AMAT-USD
Vest AMAT-USD-PERPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:AMATshort | +0.0050% | 1h | 470.44 | +0.009% | $2.6M | $2.2M | 10x | |
| KuCoin AMATUSDTM | +0.0100% | 8h | 470.14 | −0.055% | $413K | $509K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 470.40 | 0.000% | $908 | $363K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 471.54 | +0.242% | $171K | $39K | 20x | as long as short |
| Phoenix AMAT | +0.0221% | 1h | 470.69 | +0.062% | $19K | $110K | 10x | as long as short |
| Gate AMAT_USDTlong | +0.0420% | 8h | 470.40 | long leg | $1.7M | $6.3M | 50x |
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
Phoenix AMAT