Settings8H · net · $10k
Funding arb · Price arb /

BONER

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.90 per $10,000 · paid last 24h +0.054%
Price spread now: BingX against Gate+2.708%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.129%+$13 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BingX is 2.708% dearer against Gate than usual: you sell high and buy low: +$271 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BONER_USDT0.049110.0100pay 0.0050% / 4h3h 42m$56K$43K10x
ShortBingX BONER-USDT0.050440.0280get 0.0140% / 4h3h 42m$1.0M

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$37.8
Price spread: +2.708% → 0.000%
$270.82
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
$283.62
Costs to cover
0.250%
Break-even
from the start
Slippage unknown: Gate: no order-book sample; BingX: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate no order-book sample
Sell BingX live order book, 7 min ago48.40 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
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.

BONER on 4 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BONERUSDT+0.0100%1h0.04911+0.001%$6K$19K5xas long as short
Gate BONER_USDTlong+0.0100%4h0.04911long leg$56K$43K10x
BingX BONER-USDTshort+0.0280%4h0.05044+2.708%$1.0M
MEXC BONER_USDT+0.0400%4h0.05017+2.158%$328K$197K20xas long as short