Funding you earn now, next payment 08:00 UTC−0.0938%/8h= −102.7% APRnext payment −$4.69 per $10,000 · paid last 24h −0.254%
Price spread now: BingX against Gate−0.118%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2482.484% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.118%, 7d avg +0.031%
=Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and BingX is 0.149% cheaper against Gate than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.057% in total (about -3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.69 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 | Gate B2_USDT | 0.5085 | 0.1038 | pay 0.0519% / 4h | 43m 23s | $920K | $401K | 20x |
| Short | BingX B2-USDT | 0.5079 | 0.0100 | get 0.0050% / 4h | 43m 23s | — | $1.4M | — |
Gate B2_USDT
BingX B2-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
- −$196.98
- Price spread: −0.118% → +0.031%
- −$14.93
- Slippage, 4 orders
- −$223.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$460.28
- Costs to cover
- 2.484%
- Break-even
- never at this rate
Slippage from Gate: live order book, 59 min ago; BingX: live order book, 3 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, 59 min ago | 12.95 bp | 97.6 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 6.89 bp | 38.5 bp −$39 | 113.9 bp −$1,139 | 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 | +0.0100% | 4h | 0.5077 | −0.157% | $8.3M | $9.9M | 50x | as long as short |
| Bybit B2USDT | +0.0100% | 4h | 0.5082 | −0.059% | $1.6M | $2.0M | 20x | as long as short |
| MEXC B2_USDT | +0.0100% | 4h | 0.5077 | −0.157% | $544K | $332K | 100x | as long as short |
| BingX B2-USDTshort | +0.0100% | 4h | 0.5079 | −0.118% | — | $1.4M | — | |
| Aster B2USDT | +0.0243% | 4h | 0.5067 | −0.358% | $158K | $165K | 5x | as long as short |
| Bitget B2USDT | +0.0246% | 4h | 0.5078 | −0.138% | $2.8M | $825K | 50x | as long as short |
| KuCoin B2USDTM | +0.0538% | 4h | 0.5090 | +0.098% | $1.0M | $297K | 50x | as long as short |
| Variational Omni B2 | +0.0566% | 4h | 0.5085 | −0.010% | $14K | $2K | — | as long as short |
| Gate B2_USDTlong | +0.1038% | 4h | 0.5085 | long leg | $920K | $401K | 20x |
Binance B2USDT
Bybit B2USDT
MEXC B2_USDT
Aster B2USDT
Bitget B2USDT
KuCoin B2USDTM
Variational Omni B2