Settings8H · net · $10k
Funding arb · Price arb /

COST

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0073%/8h= +8.0% APRpaid last 24h +0.015%
Price spread now: tradeXYZ against Gate−0.062%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1131.135% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.058%+$6 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.062%, 7d avg −0.074%
Together, before fees+0.035%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate COST_USDT898.520get 0.0000% / 8h6h 59m$523K$7K25x
ShorttradeXYZ xyz:COST897.960.0073get 0.0009% / 1h59m 41s$1.8M$532K20x

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

Profit calculator

Funding earned
$15.27
Price spread: −0.062% → −0.074%
$1.16
Slippage, 4 orders
−$80.47
Fee Gate: 7.5 bp × 2 orders
−$15
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$97.04
Costs to cover
1.135%
Break-even
51.5 days
Slippage from Gate: live order book, 6 min ago; tradeXYZ: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 6 min ago7.07 bp17.4 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 8 min ago0.06 bp10.4 bp −$10doesn't fitdoesn't fitdoesn't fit

COST on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COSTUSDT0.0000%8h898.23−0.032%$45K$17820xas long as short
Bybit COSTUSDT0.0000%8h898.50−0.002%$491K$218K25xas long as short
Gate COST_USDTlong0.0000%8h898.52long leg$523K$7K25x
Bitget COSTUSDT0.0000%8h898.37−0.017%$403K$111K25xas long as short
SunX COST-USDT0.0000%8h897.80−0.080%$1K$3.1M10xas long as short
HTX COST-USDT0.0000%8h899.67+0.128%$10K$42K10xas long as short
QFEX COST-USD+0.0017%1h898.14−0.042%$1.1M$3.0M10xas long as short
Injective COST/USDC PERP+0.0033%1h891.98−0.728%$2K$28K12xas long as short
Extended COST-USD+0.0040%1h898.25−0.030%10xas long as short
Vest COST-USD-PERP+0.0046%1h898.00−0.058%25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX COST-USDT-SWAP+0.0059%8h898.40−0.013%$444K$121K10xas long as short
tradeXYZ xyz:COSTshort+0.0073%1h897.96−0.062%$1.8M$532K20x
KuCoin COSTUSDTM+0.0100%8h897.50−0.114%$47K$861K20xas long as short
Variational Omni COST+0.0269%8h898.37−0.017%$42K$17Kas long as short
Binance COSTUSDT+0.0416%8h898.34−0.020%$1.1M$945K20xas long as short