Funding you earn now, next payment 08:00 UTC−0.0831%/8h= −91.0% APRnext payment −$8.31 per $10,000 · paid last 24h −0.301%
Price spread now: Binance against Gate−0.209%7-day average −0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs−$383as in the Funding arb table
Net, price: spread back to 7d avg − costs−$458as in the Price arb table
costs, in and out, $10k−$4494.486% of the position
Funding, last 7 days+0.651%+$65 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.209%, 7d avg −0.116%
=Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Binance is 0.093% cheaper against Gate than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.116%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.651%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BOT_USDT | 29.490 | 0 | get 0.0000% / 8h | 4h 21m | $255K | $237K | 20x |
| Short | Binance BOTUSDT | 29.428 | −0.0831 | pay 0.0831% / 8h | 4h 21m | $448K | $1.2M | 10x |
Gate BOT_USDT
Binance BOTUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$174.46
- Price spread: −0.209% → −0.116%
- −$9.28
- Slippage, 4 orders
- −$423.56
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$632.3
- Costs to cover
- 4.486%
- Break-even
- never at this rate
Slippage from Gate: live order book, 31 min ago; Binance: live order book, 12 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, 31 min ago | 33.86 bp | 185.9 bp −$186 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.70 bp | 41.8 bp −$42 | 296.7 bp −$2,967 | doesn't fit | doesn't fit |
BOT on 12 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 BOTUSDTM | −0.1130% | 8h | 29.450 | −0.136% | $96K | $281K | 20x | as long as short |
| Binance BOTUSDTshort | −0.0831% | 8h | 29.428 | −0.209% | $448K | $1.2M | 10x | |
| Variational Omni BOT | −0.0806% | 8h | 29.475 | −0.052% | $31K | $21K | — | as long as short |
| OKX BOT-USDT-SWAP | −0.0600% | 8h | 29.440 | −0.170% | $235K | $222K | 20x | as long as short |
| QFEX BOT-USD | −0.0024% | 1h | 29.430 | −0.203% | $1.1M | $527K | 10x | as long as short |
| Bybit BOTUSDT | 0.0000% | 8h | 29.400 | −0.305% | $521K | $549K | 25x | as long as short |
| Gate BOT_USDTlong | 0.0000% | 8h | 29.490 | long leg | $255K | $237K | 20x | |
| Bitget BOTUSDT | 0.0000% | 8h | 29.450 | −0.136% | $246K | $118K | 5x | as long as short |
| Lighter BOT | +0.0032% | 1h | 29.589 | +0.336% | $68K | $1K | 3x | as long as short |
| Arcus BOT-USD | +0.0040% | 1h | 29.430 | −0.203% | $3K | $9K | 5x | as long as short |
KuCoin BOTUSDTM
Variational Omni BOT
OKX BOT-USDT-SWAP
QFEX BOT-USD
Bybit BOTUSDT
Bitget BOTUSDT
Lighter BOT
Arcus BOT-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BOT | +0.0050% | 1h | 29.426 | −0.217% | $3.1M | $803K | 10x | as long as short |
| HTX BOT-USDT | +0.0100% | 8h | 29.535 | +0.153% | $3K | $34K | 10x | as long as short |
tradeXYZ xyz:BOT
HTX BOT-USDT