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−0.237%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$382as in the Price arb table
costs, in and out, $10k−$3703.700% of the position
Funding, last 7 days+0.085%+$9 on $10k
+Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.237%, 7d avg −0.118%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.119% cheaper against BingX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.118%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ANIME-USDT | 0.003372 | 0.0100 | pay 0.0050% / 4h | 2h 00m | — | $6.5M | — |
| Short | Gate ANIME_USDT | 0.003364 | 0.0100 | get 0.0050% / 4h | 2h 00m | $140K | $55K | 25x |
BingX ANIME-USDT
Gate ANIME_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: −0.237% → −0.118%
- −$11.94
- Slippage, 4 orders
- −$344.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$381.89
- Costs to cover
- 3.700%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 40 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, 5 min ago | 2.97 bp | 13.5 bp −$14 | 205.2 bp −$2,052 | 572.7 bp −$57.3K | doesn't fit |
| Sell Gate live order book, 40 min ago | 3.02 bp | 150.8 bp −$151 | doesn't fit | doesn't fit | doesn't fit |
ANIME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ANIMEUSD | −0.0040% | 1h | 0.003369 | −0.094% | $33K | $1K | 10x | as long as short |
| Hyperliquid ANIME | +0.0100% | 1h | 0.003366 | −0.178% | $293K | $87K | 3x | as long as short |
| Aster ANIMEUSDT | +0.0100% | 4h | 0.003370 | −0.074% | $27K | $3K | 5x | as long as short |
| Binance ANIMEUSDT | +0.0100% | 4h | 0.003367 | −0.159% | $1.3M | $1.5M | 20x | as long as short |
| Bybit ANIMEUSDT | +0.0100% | 4h | 0.003370 | −0.059% | $695K | $267K | 25x | as long as short |
| OKX ANIME-USDT-SWAP | +0.0100% | 4h | 0.003367 | −0.148% | $435K | $514K | 20x | as long as short |
| Gate ANIME_USDTshort | +0.0100% | 4h | 0.003364 | −0.237% | $140K | $55K | 25x | |
| MEXC ANIME_USDT | +0.0100% | 4h | 0.003367 | −0.148% | $208K | $90K | 20x | as long as short |
| KuCoin ANIMEUSDTM | +0.0100% | 4h | 0.003368 | −0.119% | $436K | $62K | 20x | as long as short |
| Bitget ANIMEUSDT | +0.0100% | 4h | 0.003366 | −0.178% | $856K | $139K | 10x | as long as short |
Kraken Futures PF_ANIMEUSD
Hyperliquid ANIME
Aster ANIMEUSDT
Binance ANIMEUSDT
Bybit ANIMEUSDT
OKX ANIME-USDT-SWAP
MEXC ANIME_USDT
KuCoin ANIMEUSDTM
Bitget ANIMEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ANIME-USDTlong | +0.0100% | 4h | 0.003372 | long leg | — | $6.5M | — | |
| Variational Omni ANIME | +0.0100% | 4h | 0.003369 | −0.078% | $11K | $553 | — | as long as short |
| GMX ANIME/USD [ANIME-USDC] | L +0.0496% / S −0.2017% | 1h | 0.003366 | −0.178% | $823 | — | 100x | as long as short |
Variational Omni ANIME
GMX ANIME/USD [ANIME-USDC]