Funding you earn now, next payment 04:00 UTC−0.0300%/8h= −32.8% APRnext payment −$1.50 per $10,000 · paid last 24h −0.084%
Price spread now: Gate against BingX−2.739%7-day average −2.400% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.427%−$43 on $10k
+Price spread, last 4 days (all we have)+0.855%+$85 · spread now −2.739%, 7d avg −2.400%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.339% cheaper against BingX than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of −2.400%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BASECAT-USDT | 0.02008 | 0.0400 | pay 0.0200% / 4h | 3h 44m | — | $729K | — |
| Short | Gate BASECAT_USDT | 0.01953 | 0.0100 | get 0.0050% / 4h | 3h 44m | $236K | $159K | 10x |
BingX BASECAT-USDT
Gate BASECAT_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
- −$63
- Price spread: −2.739% → −2.400%
- −$33.89
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$121.89
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 44 min ago; Gate: live order book, 22 min ago. Net counts fees only.
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, 44 min ago | 44.93 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 22 min ago | 10.29 bp | 578.5 bp −$579 | doesn't fit | doesn't fit | doesn't fit |
BASECAT on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BASECATUSDT | +0.0100% | 1h | 0.01957 | −2.535% | $100K | $71K | 5x | as long as short |
| Gate BASECAT_USDTshort | +0.0100% | 4h | 0.01953 | −2.739% | $236K | $159K | 10x | |
| MEXC BASECAT_USDT | +0.0400% | 4h | 0.02007 | −0.050% | $755K | $196K | 20x | as long as short |
| BingX BASECAT-USDTlong | +0.0400% | 4h | 0.02008 | long leg | — | $729K | — |
Aster BASECATUSDT
MEXC BASECAT_USDT