BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0139%/8h= +15.2% APRnext payment +$1.39 per $10,000 · paid last 24h −0.032%

Price spread now: Binance against Gate+0.144%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$600.601% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 2 days (all we have)−0.104%−$10 · spread now +0.144%, 7d avg +0.066%

Together, before fees−0.149%−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.079% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BE_USDT	274.50	0	get 0.0000% / 8h	7h 32m	$1.5M	$3.4M	50x
Short	Binance BEUSDT	274.90	0.0139	get 0.0139% / 8h	7h 32m	$8.6M	$36.4M	25x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BinancebpOrdersPrice spread, now +0.144%Rate

Funding earned: $29.19
Price spread: +0.144% → +0.066%: $7.87
Slippage, 4 orders: −$35.1
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$23.04
Costs to cover: 0.601%
Break-even: 12.5 days

Slippage from Gate: live order book, 5 min ago; Binance: live order book, 9 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, 5 min ago	1.82 bp	23.6 bp −$24	47.8 bp −$478	75.1 bp −$7,506	doesn't fit
Sell Binance live order book, 9 min ago	0.91 bp	12.9 bp −$13	32.4 bp −$324	84.7 bp −$8,466	doesn't fit

BE on 21 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 BEUSDT	0.0000%	8h	274.53	+0.012%	$345K	$119K	20x	as long as short
Bybit BEUSDT	0.0000%	8h	274.89	+0.142%	$2.0M	$1.2M	25x	as long as short
Gate BE_USDTlong	0.0000%	8h	274.50	long leg	$1.5M	$3.4M	50x
Bitget BEUSDT	0.0000%	8h	274.76	+0.095%	$1.7M	$2.6M	20x	as long as short
SunX BE-USDT	0.0000%	8h	274.79	+0.106%	$1K	$2.5M	10x	as long as short
HTX BE-USDT	0.0000%	8h	274.71	+0.077%	$12K	$33K	20x	as long as short
Lighter BE	+0.0032%	1h	274.60	+0.036%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	274.75	+0.091%	$251K	$300K	10x	as long as short
QFEX BE-USD	+0.0037%	1h	274.80	+0.109%	$1.3M	$3.6M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	274.72	+0.080%	$115K	$112K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BE-USD-PERP	+0.0046%	1h	274.94	+0.160%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	274.67	+0.062%	$5.9M	$2.9M	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	274.65	+0.055%	$371K	$21K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	274.81	+0.114%	—	—	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0128%	1h	275.39	+0.324%	$477K	$132K	10x	as long as short
Extended BE-USD	+0.0136%	1h	274.77	+0.099%	$46K	$427K	10x	as long as short
Binance BEUSDTshort	+0.0139%	8h	274.90	+0.144%	$8.6M	$36.4M	25x
BloFin BE-USDT	+0.0259%	8h	274.88	+0.138%	$45K	$141K	20x	as long as short
OKX BE-USDT-SWAP	+0.0264%	8h	274.85	+0.128%	$2.6M	$6.8M	25x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0405%	1h	275.01	+0.186%	$7K	$4K	10x	as long as short
GRVT BE_USDT_Perp	+0.0596%	8h	274.82	+0.117%	$7K	$179K	10x	as long as short