Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against BingX−0.027%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1911.915% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.027%, 7d avg +0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.037% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AUCTION-USDT | 3.6840 | 0.0100 | pay 0.0050% / 4h | 3h 44m | — | $7.8M | — |
| Short | Gate AUCTION_USDT | 3.6830 | 0.0100 | get 0.0100% / 8h | 7h 44m | $102K | $65K | 50x |
BingX AUCTION-USDT
Gate AUCTION_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: −0.027% → +0.010%
- −$3.71
- Slippage, 4 orders
- −$166.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$195.19
- Costs to cover
- 1.915%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Gate: live order book, 21 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, 4 min ago | 5.43 bp | 24.1 bp −$24 | 61.8 bp −$618 | 481.1 bp −$48.1K | 621.7 bp −$310.9K |
| Sell Gate live order book, 21 min ago | 5.41 bp | 63.1 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
AUCTION on 11 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_AUCTIONUSD | −0.1064% | 1h | 3.6871 | +0.083% | $8K | $269 | 10x | as long as short |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6841 | +0.002% | $883 | $2K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6840 | 0.000% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6880 | +0.109% | $578K | $272K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.6850 | +0.027% | $770K | $675K | 20x | as long as short |
| Gate AUCTION_USDTshort | +0.0100% | 8h | 3.6830 | −0.027% | $102K | $65K | 50x | |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.6840 | 0.000% | $445K | $141K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.6830 | −0.027% | $370K | $116K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.6830 | −0.027% | $376K | $134K | 25x | as long as short |
| BingX AUCTION-USDTlong | +0.0100% | 4h | 3.6840 | long leg | — | $7.8M | — |
Kraken Futures PF_AUCTIONUSD
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTION | +0.0100% | 4h | 3.6834 | −0.015% | $171 | $38 | — | as long as short |
Variational Omni AUCTION