Funding you earn now, next payment 04:00 UTC−0.0136%/8h= −14.9% APRnext payment −$0.68 per $10,000 · paid last 24h +0.060%
Price spread now: Gate against BingX−0.377%7-day average +0.314% · you buy dearer than you sell
Net, funding: paid 7d − costs−$651as in the Funding arb table
Net, price: spread back to 7d avg − costs−$640as in the Price arb table
costs, in and out, $10k−$5715.706% of the position
Funding, last 7 days−0.805%−$80 on $10k
+Price spread, last 4 days (all we have)+0.738%+$74 · spread now −0.377%, 7d avg +0.314%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.691% cheaper against BingX than usual: you would sell low and buy high (−$69 if the spread goes back to its 7-day average of +0.314%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX 4STOCK-USDT | 0.01060 | 0.0236 | pay 0.0118% / 4h | 29m 59s | — | $1.1M | — |
| Short | Gate 4STOCK_USDT | 0.01056 | 0.0100 | get 0.0050% / 4h | 29m 59s | $591K | $870K | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$28.56
- Price spread: −0.377% → +0.314%
- −$69.11
- Slippage, 4 orders
- −$545.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$668.25
- Costs to cover
- 5.706%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; Gate: live order book, 27 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, 15 min ago | 9.57 bp | 83.0 bp −$83 | 426.6 bp −$4,266 | doesn't fit | doesn't fit |
| Sell Gate live order book, 27 min ago | 14.46 bp | 191.9 bp −$192 | doesn't fit | doesn't fit | doesn't fit |
4STOCK on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate 4STOCK_USDTshort | +0.0100% | 4h | 0.01056 | −0.377% | $591K | $870K | 10x | |
| edgeX 4STOCKUSDC | +0.0189% | 4h | 0.01044 | −1.467% | $2K | $74K | 5x | as long as short |
| BloFin 4STOCK-USDT | +0.0201% | 4h | 0.01052 | −0.755% | $88K | $118K | 10x | as long as short |
| Bybit 4STOCKUSDT | +0.0217% | 4h | 0.01066 | +0.566% | $2.4M | $5.7M | 10x | as long as short |
| MEXC 4STOCK_USDT | +0.0218% | 4h | 0.01063 | +0.283% | $622K | $1.1M | 20x | as long as short |
| BingX 4STOCK-USDTlong | +0.0236% | 4h | 0.01060 | long leg | — | $1.1M | — | |
| Aster 4STOCKUSDT | +0.1358% | 1h | 0.01062 | +0.147% | $40K | $58K | 5x | as long as short |
BingX 4STOCK-USDT
Gate 4STOCK_USDT
edgeX 4STOCKUSDC
BloFin 4STOCK-USDT
Bybit 4STOCKUSDT
MEXC 4STOCK_USDT
Aster 4STOCKUSDT