Funding you earn now, next payment 12:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.014%
Price spread now: BingX against Gate+0.064%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$974as in the Funding arb table
Net, price: spread back to 7d avg − costs−$962as in the Price arb table
costs, in and out, $10k−$9649.638% of the position
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 4 days (all we have)+0.121%+$12 · spread now +0.064%, 7d avg +0.043%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.021% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.043%. Mind the row above: over the last 7 days funding on this pair cost −0.105%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate 4_USDT | 0.02024 | 0.0328 | pay 0.0164% / 4h | 3h 23m | $554K | $333K | 20x |
| Short | BingX 4-USDT | 0.02025 | 0.0356 | get 0.0178% / 4h | 3h 23m | — | $1.4M | — |
Gate 4_USDT
BingX 4-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $5.88
- Price spread: +0.064% → +0.043%
- $2.13
- Slippage, 4 orders
- −$938.82
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$955.81
- Costs to cover
- 9.638%
- Break-even
- 1144.9 days
Slippage from Gate: live order book, 8 min ago; BingX: live order book, 8 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, 8 min ago | 8.24 bp | 340.6 bp −$341 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 30.11 bp | 41.2 bp −$41 | 103.9 bp −$1,039 | 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 | 0.02019 | −0.222% | $2.7M | $2.1M | 5x | as long as short |
| Variational Omni 4 | +0.0100% | 4h | 0.02002 | −1.069% | $48K | $12K | — | as long as short |
| SunX 4-USDT | +0.0100% | 4h | 0.02020 | −0.183% | $1K | $1.5M | 20x | as long as short |
| KuCoin 4USDTM | +0.0144% | 4h | 0.02020 | −0.183% | $892K | $12.2M | 20x | as long as short |
| Aster 4USDT | +0.0282% | 4h | 0.02022 | −0.079% | $239K | $117K | 5x | as long as short |
| Gate 4_USDTlong | +0.0328% | 4h | 0.02024 | long leg | $554K | $333K | 20x | |
| MEXC 4_USDT | +0.0356% | 4h | 0.02023 | −0.035% | $1.8M | $983K | 100x | as long as short |
| BingX 4-USDTshort | +0.0356% | 4h | 0.02025 | +0.064% | — | $1.4M | — | |
| Binance 4USDT | +0.0372% | 4h | 0.02023 | −0.010% | $8.0M | $14.4M | 20x | as long as short |
Bybit 4USDT
Variational Omni 4
SunX 4-USDT
KuCoin 4USDTM
Aster 4USDT
MEXC 4_USDT
Binance 4USDT