Funding you earn now, next payment 04:00 UTC−0.1076%/8h= −117.8% APRnext payment −$5.38 per $10,000 · paid last 24h −0.112%
Price spread now: Gate against BingX+0.237%7-day average +0.171% · you sell dearer than you buy
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1781.784% of the position
Funding, last 7 days−0.602%−$60 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.237%, 7d avg +0.171%
=The price spread pays, funding is against you. Gate is 0.066% dearer against BingX than usual: you sell high and buy low (spread +0.237% now, against its 7-day average of +0.171%): +$7 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.602% in total) that is about 19 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.602% in total (about -31.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.38 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 BLUAI-USDT | 0.01140 | 0.1176 | pay 0.0588% / 4h | 2h 09m | — | $6.5M | — |
| Short | Gate BLUAI_USDT | 0.01143 | 0.0100 | get 0.0050% / 4h | 2h 09m | $463K | $69K | 10x |
BingX BLUAI-USDT
Gate BLUAI_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
- −$225.96
- Price spread: +0.237% → +0.171%
- $6.63
- Slippage, 4 orders
- −$153.44
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$397.77
- Costs to cover
- 1.784%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; Gate: live order book, 57 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 BingX live order book, 12 min ago | 5.28 bp | 28.0 bp −$28 | 250.5 bp −$2,505 | 1143.9 bp −$114.4K | doesn't fit |
| Sell Gate live order book, 57 min ago | 6.99 bp | 57.8 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
BLUAI on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BLUAI_USDTshort | +0.0100% | 4h | 0.01143 | +0.237% | $463K | $69K | 10x | |
| SunX BLUAI-USDT | +0.0100% | 4h | 0.01141 | +0.053% | $2K | $1.0M | 20x | as long as short |
| KuCoin BLUAIUSDTM | +0.0320% | 4h | 0.01146 | +0.535% | $1.5M | $23K | 10x | as long as short |
| Bybit BLUAIUSDT | +0.1172% | 4h | 0.01139 | −0.053% | $1.6M | $252K | 13x | as long as short |
| BingX BLUAI-USDTlong | +0.1176% | 4h | 0.01140 | long leg | — | $6.5M | — | |
| MEXC BLUAI_USDT | +0.1266% | 4h | 0.01140 | −0.026% | $5.8M | $115K | 50x | as long as short |
| Binance BLUAIUSDT | +0.1284% | 4h | 0.01140 | −0.020% | $5.9M | $1.1M | 10x | as long as short |
| Aster BLUAIUSDT | +0.1425% | 4h | 0.01138 | −0.123% | $28K | $17K | 5x | as long as short |
SunX BLUAI-USDT
KuCoin BLUAIUSDTM
Bybit BLUAIUSDT
MEXC BLUAI_USDT
Binance BLUAIUSDT
Aster BLUAIUSDT