Funding you earn now, next payment 08:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.64 per $10,000 · paid last 24h −0.017%
Price spread now: Gate against BingX−0.082%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$804as in the Funding arb table
Net, price: spread back to 7d avg − costs−$812as in the Price arb table
costs, in and out, $10k−$8108.100% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.082%, 7d avg −0.067%
=The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.060%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX APR-USDT | 0.1472 | 0.0382 | pay 0.0191% / 4h | 3h 32m | — | $1.4M | — |
| Short | Gate APR_USDT | 0.1471 | 0.0254 | get 0.0127% / 4h | 3h 32m | $694K | $192K | 25x |
BingX APR-USDT
Gate APR_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
- −$26.88
- Price spread: −0.082% → −0.067%
- −$1.5
- Slippage, 4 orders
- −$785.01
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$838.39
- Costs to cover
- 8.100%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; Gate: live order book, 18 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, 12 min ago | 10.14 bp | 37.9 bp −$38 | 136.9 bp −$1,369 | doesn't fit | doesn't fit |
| Sell Gate live order book, 18 min ago | 9.80 bp | 222.7 bp −$223 | doesn't fit | doesn't fit | doesn't fit |
APR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APRUSDT | +0.0100% | 4h | 0.1473 | +0.056% | $6.7M | $5.2M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1473 | +0.041% | $1.4M | $642K | 20x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1472 | 0.000% | $358K | $175K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1474 | +0.149% | $2K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1476 | +0.272% | $19K | $58K | 20x | as long as short |
| BloFin APR-USDT | +0.0123% | 4h | 0.1473 | +0.068% | $288K | $110K | 50x | as long as short |
| Gate APR_USDTshort | +0.0254% | 4h | 0.1471 | −0.082% | $694K | $192K | 25x | |
| Bitget APRUSDT | +0.0320% | 4h | 0.1474 | +0.115% | $3.9M | $986K | 50x | as long as short |
| OKX APR-USDT-SWAP | +0.0349% | 4h | 0.1475 | +0.204% | $1.3M | $2.5M | 20x | as long as short |
| BingX APR-USDTlong | +0.0382% | 4h | 0.1472 | long leg | — | $1.4M | — |
Binance APRUSDT
Bybit APRUSDT
MEXC APR_USDT
SunX APR-USDT
HTX APR-USDT
BloFin APR-USDT
Bitget APRUSDT
OKX APR-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster APRUSDT | +0.0889% | 4h | 0.1471 | −0.086% | $71K | $80K | 5x | as long as short |
| KuCoin APRUSDTM | +0.0944% | 4h | 0.1471 | −0.048% | $2.4M | $340K | 50x | as long as short |
Aster APRUSDT
KuCoin APRUSDTM