Funding you earn now, next payment 12:00 UTC−0.0346%/8h= −37.9% APRnext payment −$1.73 per $10,000 · paid last 24h −0.176%
Price spread now: Gate against BingX−0.076%7-day average −0.177% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,347as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,297as in the Price arb table
costs, in and out, $10k−$1,30713.070% of the position
Funding, last 7 days−0.397%−$40 on $10k
+Price spread, last 4 days (all we have)−0.157%−$16 · spread now −0.076%, 7d avg −0.177%
=The price spread pays, funding is against you. Gate is 0.100% dearer against BingX than usual: you sell high and buy low (spread −0.076% now, against its 7-day average of −0.177%): +$10 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALCH-USDT | 0.05244 | 0.0446 | pay 0.0223% / 4h | 2h 21m | — | $6.8M | — |
| Short | Gate ALCH_USDT | 0.05240 | 0.0100 | get 0.0050% / 4h | 2h 21m | $300K | $745K | 20x |
BingX ALCH-USDT
Gate ALCH_USDTFunding 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
- −$72.66
- Price spread: −0.076% → −0.177%
- $10.03
- Slippage, 4 orders
- −$1,281.98
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,369.61
- Costs to cover
- 13.070%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 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, 9 min ago | 9.63 bp | 43.1 bp −$43 | 291.3 bp −$2,913 | 592.1 bp −$59.2K | 755.8 bp −$377.9K |
| Sell Gate live order book, 27 min ago | 13.63 bp | 917.7 bp −$918 | doesn't fit | doesn't fit | doesn't fit |
ALCH on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSD | −0.0948% | 1h | 0.05208 | −0.685% | $13K | $38K | 10x | as long as short |
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05242 | −0.038% | $3.0M | $6.6M | 20x | as long as short |
| Gate ALCH_USDTshort | +0.0100% | 4h | 0.05240 | −0.076% | $300K | $745K | 20x | |
| KuCoin ALCHUSDTM | +0.0100% | 4h | 0.05230 | −0.267% | $1.2M | $343K | 10x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05256 | +0.229% | $922K | $2.2M | 10x | as long as short |
| Variational Omni ALCH | +0.0100% | 4h | 0.05230 | −0.259% | $4K | $18K | — | as long as short |
| Aster ALCHUSDT | +0.0317% | 4h | 0.05241 | −0.049% | $12K | $138K | 5x | as long as short |
| BloFin ALCH-USDT | +0.0432% | 4h | 0.05233 | −0.210% | $386K | $126K | 10x | as long as short |
| BingX ALCH-USDTlong | +0.0446% | 4h | 0.05244 | long leg | — | $6.8M | — | |
| MEXC ALCH_USDT | +0.0456% | 4h | 0.05248 | +0.076% | $5.3M | $2.7M | 100x | as long as short |
Kraken Futures PF_ALCHUSD
Bybit ALCHUSDT
KuCoin ALCHUSDTM
Bitget ALCHUSDT
Variational Omni ALCH
Aster ALCHUSDT
BloFin ALCH-USDT
MEXC ALCH_USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ALCHUSDT | +0.0459% | 4h | 0.05251 | +0.127% | $6.1M | $29.5M | 10x | as long as short |
Binance ALCHUSDT