Funding you earn now, next payment 06:00 UTC−0.0117%/8h= −12.8% APRpaid last 24h +0.053%
Price spread now: Gate against Arcus+0.056%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.056% dearer against Arcus than usual: you sell high and buy low (spread +0.056% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 38 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus COIN-USD | 196.51 | 0.0040 | pay 0.0005% / 1h | 6m 19s | $15K | $54K | 5x |
| Short | Gate COIN_USDT | 196.62 | −0.0077 | pay 0.0077% / 8h | 2h 06m | $1.2M | $7.4M | 50x |
Arcus COIN-USD
Gate COIN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Arcus. 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
- −$24.63
- Price spread: +0.056% → 0.000%
- $5.6
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$38.53
- Costs to cover
- 0.195%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Gate: live order book, 2 min ago. Net counts fees only.
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 Arcus no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 2 min ago | 3.31 bp | 21.3 bp −$21 | 170.5 bp −$1,705 | doesn't fit | doesn't fit |
Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0753% | 8h | 196.70 | +0.097% | $6.4M | $10.7M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.49 | −0.010% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0109% | 1h | 195.93 | −0.295% | — | $289K | 25x | as long as short |
| Gate COIN_USDTshort | −0.0077% | 8h | 196.62 | +0.056% | $1.2M | $7.4M | 50x | |
| Aster COINUSDT | 0.0000% | 8h | 196.42 | −0.046% | $343K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.53 | +0.011% | $112K | $854K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.58 | +0.038% | $15.1M | $82.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.58 | +0.036% | $4.7M | $6.3M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.53 | +0.010% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.45 | −0.033% | $713K | $961K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.51 | +0.001% | $11K | $2.6M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.45 | −0.031% | $458K | $1.5M | 10x | as long as short |
| QFEX COIN-USD | +0.0038% | 1h | 196.57 | +0.031% | $1.3M | $3.0M | 10x | as long as short |
| Arcus COIN-USDlong | +0.0040% | 1h | 196.51 | long leg | $15K | $54K | 5x | |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.47 | −0.020% | $15.3M | $13.9M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.46 | −0.025% | $128K | $1.4M | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.29 | −0.112% | $451K | $2.9M | 10x | as long as short |
| SoDEX COIN-USD | +0.0058% | 1h | 196.54 | +0.015% | $95 | $3K | 10x | as long as short |
| Phoenix COIN | +0.0082% | 1h | 196.47 | −0.020% | $4K | $283K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.24 | −0.137% | $989K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.38 | −0.066% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.56 | +0.025% | $568 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.59 | +0.039% | $116 | — | 10x | as long as short |
| Lighter COIN | +0.0112% | 1h | 196.44 | −0.034% | $380K | $2.3M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.57 | +0.031% | $186K | $422K | 20x | as long as short |
| edgeX COINUSDC | +0.0687% | 4h | 196.40 | −0.056% | $51K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
QFEX COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
SoDEX COIN-USD
Phoenix COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Lighter COIN
BloFin COIN-USDT
edgeX COINUSDC