Funding you earn now, next payment 00:00 UTC+0.1298%/8h= +142.1% APRnext payment +$6.49 per $10,000 · paid last 24h +0.093%
Price spread now: Gate against BingX+0.266%7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1601.600% of the position
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 4 days (all we have)−0.525%−$52 · spread now +0.266%, 7d avg −0.048%
=Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and Gate is 0.313% dearer against BingX than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.048%. Mind the row above: over the last 7 days funding on this pair cost −0.115%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.115% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX B2-USDT | 0.4896 | 0.1474 | pay 0.0737% / 4h | 1h 50m | — | $1.4M | — |
| Short | Gate B2_USDT | 0.4909 | 0.2772 | get 0.1386% / 4h | 1h 50m | $861K | $440K | 20x |
BingX B2-USDT
Gate B2_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
- $272.58
- Price spread: +0.266% → −0.048%
- $31.35
- Slippage, 4 orders
- −$135.04
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $143.88
- Costs to cover
- 1.600%
- Break-even
- 3.3 days
Slippage from BingX: live order book, 10 min ago; Gate: live order book, 32 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, 10 min ago | 7.12 bp | 25.3 bp −$25 | 126.0 bp −$1,260 | doesn't fit | doesn't fit |
| Sell Gate live order book, 32 min ago | 9.07 bp | 39.2 bp −$39 | 215.2 bp −$2,152 | doesn't fit | doesn't fit |
B2 on 9 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 B2USDT | +0.0902% | 4h | 0.4897 | +0.020% | $7.8M | $13.1M | 50x | as long as short |
| MEXC B2_USDT | +0.0906% | 4h | 0.4900 | +0.082% | $554K | $538K | 100x | as long as short |
| Aster B2USDT | +0.1030% | 4h | 0.4896 | 0.000% | $153K | $187K | 5x | as long as short |
| Bybit B2USDT | +0.1234% | 4h | 0.4893 | −0.061% | $1.5M | $2.8M | 20x | as long as short |
| BingX B2-USDTlong | +0.1474% | 4h | 0.4896 | long leg | — | $1.4M | — | |
| Bitget B2USDT | +0.1538% | 4h | 0.4890 | −0.123% | $2.7M | $1.4M | 50x | as long as short |
| Variational Omni B2 | +0.1916% | 4h | 0.4897 | +0.022% | $14K | $2K | — | as long as short |
| KuCoin B2USDTM | +0.2054% | 4h | 0.4904 | +0.163% | $1.0M | $316K | 50x | as long as short |
| Gate B2_USDTshort | +0.2772% | 4h | 0.4909 | +0.266% | $861K | $440K | 20x |
Binance B2USDT
MEXC B2_USDT
Aster B2USDT
Bybit B2USDT
Bitget B2USDT
Variational Omni B2
KuCoin B2USDTM