Funding you earn now, next payment 00:00 UTC+0.4970%/8h= +544.2% APRnext payment +$24.85 per $10,000 · paid last 24h +0.281%
Price spread now: Gate against BingX+0.168%7-day average +0.819% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.744%−$74 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.168%, 7d avg +0.819%
=Funding pays, the price is against you. Gate is 0.651% cheaper against BingX than usual: you would sell low and buy high (spread +0.168% now, against its 7-day average of +0.819%). If the spread goes back, that is −$65 on $10k: about 10 hours of funding at the current rate (+$149 a day). Mind the row above: over the last 7 days funding on this pair cost −0.744%, 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 -0.744% in total (about -38.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$24.85 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 BEN-USDT | 0.0005950 | −0.0800 | get 0.0400% / 4h | 1h 56m | — | $1.0M | — |
| Short | Gate BEN_USDT | 0.0005960 | 0.4170 | get 0.2085% / 4h | 1h 56m | $153K | $613K | 10x |
BingX BEN-USDT
Gate BEN_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
- $1,043.7
- Price spread: +0.168% → +0.819%
- −$65.08
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $953.62
- Costs to cover
- 0.250%
- Break-even
- 0.6 days
Slippage unknown: BingX: live order book, 18 min ago; Gate: live order book, 20 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, 18 min ago | 59.44 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 20 min ago | 36.36 bp | 545.0 bp −$545 | doesn't fit | doesn't fit | doesn't fit |
BEN on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BEN-USDTlong | −0.0800% | 4h | 0.0005950 | long leg | — | $1.0M | — | |
| Aster BENUSDT | +0.0516% | 1h | 0.0005912 | −0.634% | $12K | $30K | 3x | as long as short |
| Gate BEN_USDTshort | +0.4170% | 4h | 0.0005960 | +0.168% | $153K | $613K | 10x |
Aster BENUSDT