Funding you earn now, next payment 04:00 UTC−0.1366%/8h= −149.6% APRnext payment −$6.83 per $10,000 · paid last 24h −0.896%
Price spread now: Gate against BingX−0.357%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.935%−$94 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and Gate is 0.357% cheaper against BingX than usual: you would sell low and buy high (−$36 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.935% in total (about -48.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.83 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 BIRB-USDT | 0.07007 | 0.1466 | pay 0.0733% / 4h | 3h 19m | — | $737K | — |
| Short | Gate BIRB_USDT | 0.06982 | 0.0100 | get 0.0050% / 4h | 3h 19m | $61K | $56K | 20x |
BingX BIRB-USDT
Gate BIRB_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
- −$286.86
- Price spread: −0.357% → 0.000%
- −$35.68
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$347.54
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 69 min ago; Gate: no order-book sample. 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, 69 min ago | 10.87 bp | 38.2 bp −$38 | 143.2 bp −$1,432 | 1161.4 bp −$116.1K | 1454.4 bp −$727.2K |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BIRB 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BIRBUSDT | +0.0100% | 4h | 0.06989 | −0.259% | $16K | $17K | 5x | as long as short |
| Binance BIRBUSDT | +0.0100% | 4h | 0.07016 | +0.124% | $1.3M | $1.7M | 50x | as long as short |
| Gate BIRB_USDTshort | +0.0100% | 4h | 0.06982 | −0.357% | $61K | $56K | 20x | |
| MEXC BIRB_USDT | +0.0100% | 4h | 0.07012 | +0.071% | $143K | $100K | 50x | as long as short |
| KuCoin BIRBUSDTM | +0.0100% | 4h | 0.06995 | −0.171% | $77K | $37K | 20x | as long as short |
| Bitget BIRBUSDT | +0.0100% | 4h | 0.06997 | −0.143% | $439K | $194K | 20x | as long as short |
| BingX BIRB-USDTlong | +0.1466% | 4h | 0.07007 | long leg | — | $737K | — | |
| BloFin BIRB-USDT | +0.1689% | 4h | 0.06944 | −0.899% | $84K | $5K | 25x | as long as short |
| Bybit BIRBUSDT | +0.1775% | 4h | 0.06993 | −0.200% | $652K | $460K | 25x | as long as short |
Aster BIRBUSDT
Binance BIRBUSDT
MEXC BIRB_USDT
KuCoin BIRBUSDTM
Bitget BIRBUSDT
BloFin BIRB-USDT
Bybit BIRBUSDT