Funding you earn now, next payment 04:00 UTC+0.1400%/8h= +153.3% APRnext payment +$7.00 per $10,000 · paid last 24h +0.896%
Price spread now: BingX against Gate−0.043%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
Funding pays, the price is against you. BingX is 0.043% cheaper against Gate than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2 hours of funding at the current rate (+$42 a day). At the pace of the last 7 days (+0.935% in total) that is about 8 hours.
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 +$7.00 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 BIRB_USDT | 0.06965 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $58K | $60K | 20x |
| Short | BingX BIRB-USDT | 0.06962 | 0.1500 | get 0.0750% / 4h | 1h 43m | — | $739K | — |
Gate BIRB_USDT
BingX BIRB-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
- $294
- Price spread: −0.043% → 0.000%
- −$4.31
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $264.69
- Costs to cover
- 0.250%
- Break-even
- 0.7 days
Slippage unknown: Gate: no order-book sample; BingX: live order book, 16 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 Gate no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 16 min ago | 10.79 bp | 37.6 bp −$38 | 119.3 bp −$1,193 | 844.1 bp −$84.4K | 1266.1 bp −$633.1K |
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 | 0.06962 | −0.036% | $16K | $17K | 5x | as long as short |
| Binance BIRBUSDT | +0.0100% | 4h | 0.06967 | +0.035% | $1.3M | $1.9M | 50x | as long as short |
| Gate BIRB_USDTlong | +0.0100% | 4h | 0.06965 | long leg | $58K | $60K | 20x | |
| MEXC BIRB_USDT | +0.0100% | 4h | 0.06965 | 0.000% | $147K | $99K | 50x | as long as short |
| KuCoin BIRBUSDTM | +0.0100% | 4h | 0.06972 | +0.101% | $79K | $41K | 20x | as long as short |
| Bitget BIRBUSDT | +0.0100% | 4h | 0.06961 | −0.057% | $436K | $193K | 20x | as long as short |
| Bybit BIRBUSDT | +0.1474% | 4h | 0.06942 | −0.330% | $645K | $479K | 25x | as long as short |
| BloFin BIRB-USDT | +0.1499% | 4h | 0.06943 | −0.316% | $83K | $5K | 25x | as long as short |
| BingX BIRB-USDTshort | +0.1500% | 4h | 0.06962 | −0.043% | — | $739K | — |
Aster BIRBUSDT
Binance BIRBUSDT
MEXC BIRB_USDT
KuCoin BIRBUSDTM
Bitget BIRBUSDT
Bybit BIRBUSDT
BloFin BIRB-USDT