4

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.41 per $10,000 · paid last 24h +0.040%

Price spread now: Gate against BingX+0.074%7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,199as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,197as in the Price arb table

costs, in and out, $10k−$1,20912.091% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.096%+$10 on $10k

Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.074%, 7d avg −0.042%

Together, before fees−0.044%−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.116% dearer against BingX than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of −0.042%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.096%, 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	BingX 4-USDT	0.02029	0.0194	pay 0.0097% / 4h	3h 34m	—	$1.4M	—
Short	Gate 4_USDT	0.02031	0.0112	get 0.0056% / 4h	3h 34m	$545K	$293K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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 BingXbpFee GatebpOrdersPrice spread, now +0.074%Rate

Funding earned: −$17.22
Price spread: +0.074% → −0.042%: $11.57
Slippage, 4 orders: −$1,184.07
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,214.72
Costs to cover: 12.091%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; Gate: live order book, 17 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 BingX live order book, 11 min ago	30.12 bp	52.8 bp −$53	188.9 bp −$1,889	doesn't fit	doesn't fit
Sell Gate live order book, 17 min ago	6.93 bp	620.1 bp −$620	doesn't fit	doesn't fit	doesn't fit

4 on 9 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
Bybit 4USDT	+0.0100%	4h	0.02025	−0.197%	$2.6M	$2.0M	5x	as long as short
Variational Omni 4	+0.0100%	4h	0.02022	−0.362%	$46K	$8K	—	as long as short
SunX 4-USDT	+0.0100%	4h	0.02026	−0.148%	$2K	$1.3M	20x	as long as short
Gate 4_USDTshort	+0.0112%	4h	0.02031	+0.074%	$545K	$293K	20x
MEXC 4_USDT	+0.0180%	4h	0.02026	−0.148%	$1.6M	$911K	100x	as long as short
Binance 4USDT	+0.0182%	4h	0.02029	−0.017%	$7.9M	$13.1M	20x	as long as short
BingX 4-USDTlong	+0.0194%	4h	0.02029	long leg	—	$1.4M	—
Aster 4USDT	+0.0210%	4h	0.02025	−0.191%	$241K	$109K	5x	as long as short
KuCoin 4USDTM	+0.0556%	4h	0.02026	−0.148%	$854K	$12.4M	20x	as long as short