Funding you earn now, next payment 04:00 UTC+0.0974%/8h= +106.7% APRnext payment +$4.87 per $10,000 · paid last 24h +0.112%
Price spread now: BingX against Gate−0.238%7-day average −0.171% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1751.747% of the position
Funding, last 7 days+0.602%+$60 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.238%, 7d avg −0.171%
=Funding pays, the price is against you. BingX is 0.068% cheaper against Gate than usual: you would sell low and buy high (spread −0.238% now, against its 7-day average of −0.171%). If the spread goes back, that is −$7 on $10k: about 6 hours of funding at the current rate (+$29 a day). 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 +$4.87 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 BLUAI_USDT | 0.01134 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $460K | $68K | 10x |
| Short | BingX BLUAI-USDT | 0.01131 | 0.1074 | get 0.0537% / 4h | 2h 31m | — | $6.5M | — |
Gate BLUAI_USDT
BingX BLUAI-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
- $204.54
- Price spread: −0.238% → −0.171%
- −$6.75
- Slippage, 4 orders
- −$149.67
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $23.12
- Costs to cover
- 1.747%
- Break-even
- 6.2 days
Slippage from Gate: live order book, 34 min ago; BingX: live order book, 10 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 Gate live order book, 34 min ago | 6.99 bp | 48.9 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 5.32 bp | 37.1 bp −$37 | 132.0 bp −$1,320 | 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_USDTlong | +0.0100% | 4h | 0.01134 | long leg | $460K | $68K | 10x | |
| SunX BLUAI-USDT | +0.0100% | 4h | 0.01131 | −0.256% | $2K | $993K | 20x | as long as short |
| KuCoin BLUAIUSDTM | +0.0326% | 4h | 0.01139 | +0.432% | $1.5M | $23K | 10x | as long as short |
| Bybit BLUAIUSDT | +0.0874% | 4h | 0.01130 | −0.362% | $1.5M | $234K | 13x | as long as short |
| BingX BLUAI-USDTshort | +0.1074% | 4h | 0.01131 | −0.238% | — | $6.5M | — | |
| MEXC BLUAI_USDT | +0.1136% | 4h | 0.01131 | −0.317% | $5.8M | $114K | 50x | as long as short |
| Binance BLUAIUSDT | +0.1138% | 4h | 0.01131 | −0.303% | $5.8M | $1.1M | 10x | as long as short |
| Aster BLUAIUSDT | +0.1186% | 4h | 0.01129 | −0.441% | $30K | $14K | 5x | as long as short |
SunX BLUAI-USDT
KuCoin BLUAIUSDTM
Bybit BLUAIUSDT
MEXC BLUAI_USDT
Binance BLUAIUSDT
Aster BLUAIUSDT