Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX−0.116%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1171.171% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.116%, 7d avg −0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.096% cheaper against BingX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ALGO-USDT | 0.1120 | 0.0100 | pay 0.0100% / 8h | 5h 43m | — | $3.3M | — |
| Short | Gate ALGO_USDT | 0.1119 | 0.0100 | get 0.0100% / 8h | 5h 43m | $875K | $847K | 50x |
BingX ALGO-USDT
Gate ALGO_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
- $0
- Price spread: −0.116% → −0.020%
- −$9.62
- Slippage, 4 orders
- −$92.1
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$126.72
- Costs to cover
- 1.171%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Gate: live order book, 19 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, 6 min ago | 4.04 bp | 14.5 bp −$14 | 29.4 bp −$294 | 306.7 bp −$30.7K | 723.3 bp −$361.7K |
| Sell Gate live order book, 19 min ago | 8.99 bp | 41.9 bp −$42 | 355.9 bp −$3,559 | doesn't fit | doesn't fit |
ALGO on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1120 | −0.035% | $17K | — | 150x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | 0.0000% | 1h | 0.1122 | +0.152% | $96K | $46K | 25x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0032% | 1h | 0.1114 | −0.598% | $70K | $269K | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | −0.027% | $834 | $233K | 12x | as long as short |
| Variational Omni ALGO | +0.0097% | 8h | 0.1113 | −0.620% | $61K | $12K | — | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1120 | −0.052% | $44K | $40K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1120 | −0.017% | $9.8M | $34.4M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1120 | +0.018% | $11.6M | $12.2M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1121 | +0.071% | $2.9M | $7.7M | 50x | as long as short |
| Gate ALGO_USDTshort | +0.0100% | 8h | 0.1119 | −0.116% | $875K | $847K | 50x |
gTrade (Gains Network) ALGO/USD
Deribit ALGO_USDC-PERPETUAL
Coinbase International ALGO-PERP-INTX
Injective ALGO/USDC PERP
Variational Omni ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1120 | −0.036% | $22.9M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1119 | −0.080% | $3.5M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1122 | +0.152% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDTlong | +0.0100% | 8h | 0.1120 | long leg | — | $3.3M | — | |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1117 | −0.321% | $60K | $140K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1119 | −0.116% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1120 | −0.043% | $4K | $229K | 10x | as long as short |
| Hyperliquid ALGO | +0.0133% | 1h | 0.1122 | +0.116% | $3.7M | $2.0M | 5x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1114 | −0.571% | — | $881K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0343% / S −0.0313% | 1h | 0.1120 | −0.003% | $7K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0352% | 1h | 0.1123 | +0.219% | $831K | $1.1M | 50x | as long as short |
| dYdX ALGO-USD | +0.2289% | 1h | 0.1118 | −0.165% | $161K | $4K | 5x | as long as short |
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
Hyperliquid ALGO
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
Kraken Futures PF_ALGOUSD
dYdX ALGO-USD