Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Gate+0.027%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1591.594% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.027%, 7d avg −0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.039% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AUCTION_USDT | 3.7230 | 0.0100 | pay 0.0100% / 8h | 6h 21m | $110K | $76K | 50x |
| Short | BingX AUCTION-USDT | 3.7240 | 0.0100 | get 0.0050% / 4h | 2h 21m | — | $16.7M | — |
Gate AUCTION_USDT
BingX AUCTION-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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% → −0.012%
- $3.88
- Slippage, 4 orders
- −$134.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$155.52
- Costs to cover
- 1.594%
- Break-even
- never at this rate
Slippage from Gate: live order book, 24 min ago; BingX: live order book, 10 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 Gate live order book, 24 min ago | 8.05 bp | 49.2 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 5.38 bp | 22.3 bp −$22 | 66.6 bp −$666 | 483.4 bp −$48.3K | 643.9 bp −$322.0K |
AUCTION 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.7227 | −0.007% | $715 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.7230 | 0.000% | $2.5M | $2.0M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.7230 | 0.000% | $566K | $334K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.7240 | +0.027% | $793K | $705K | 20x | as long as short |
| Gate AUCTION_USDTlong | +0.0100% | 8h | 3.7230 | long leg | $110K | $76K | 50x | |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.7220 | −0.027% | $427K | $154K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.7240 | +0.027% | $346K | $124K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.7230 | 0.000% | $362K | $172K | 25x | as long as short |
| BingX AUCTION-USDTshort | +0.0100% | 4h | 3.7240 | +0.027% | — | $16.7M | — | |
| Variational Omni AUCTION | +0.0100% | 4h | 3.7202 | −0.074% | $172 | $38 | — | as long as short |
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDT
Variational Omni AUCTIONShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSD | +2.2485% | 1h | 3.7237 | +0.020% | $8K | $4K | 10x | as long as short |
Kraken Futures PF_AUCTIONUSD