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

BR

all BR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.046%
Price spread now: Gate against BingX−0.046%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1021.018% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.178%+$18 on $10k
Price spread, last 7 days+0.011%+$1 · spread now −0.046%, 7d avg −0.092%
Together, before fees+0.190%+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.046% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BR-USDT1.08320.0080pay 0.0040% / 4h2h 51m$6.2M
ShortGate BR_USDT1.08260.0100get 0.0050% / 4h2h 51m$7.3M$8.5M20x

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

Profit calculator

Funding earned
$4.2
Price spread: −0.046% → −0.092%
$4.58
Slippage, 4 orders
−$76.77
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$92.99
Costs to cover
1.018%
Break-even
162.0 days
Slippage from BingX: live order book, 14 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 14 min ago3.19 bp12.9 bp −$1359.1 bp −$591688.4 bp −$68.8Kdoesn't fit
Sell Gate live order book, 2 min ago1.24 bp30.9 bp −$31574.7 bp −$5,747doesn't fitdoesn't fit

BR on 11 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
BingX BR-USDTlong+0.0080%4h1.0832long leg$6.2M
Bybit BRUSDT+0.0100%4h1.0822−0.088%$10.5M$25.9M5xas long as short
Gate BR_USDTshort+0.0100%4h1.0826−0.046%$7.3M$8.5M20x
KuCoin BRUSDTM+0.0100%4h1.0825−0.059%$4.7M$5.2M30xas long as short
Variational Omni BR+0.0100%4h1.0810−0.198%$254K$289Kas long as short
SunX BR-USDT+0.0100%4h1.0880+0.444%$721K10xas long as short
HTX BR-USDT+0.0100%4h1.0880+0.447%$82K$246K20xas long as short
Bitget BRUSDT+0.0248%4h1.0845+0.126%$8.0M$12.4M10xas long as short
Aster BRUSDT+0.0518%4h1.0837+0.050%$646K$2.9M5xas long as short
Binance BRUSDT+0.1165%4h1.0842+0.099%$51.9M$162.2M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BR_USDT+0.1174%4h1.0831−0.009%$14.8M$7.4M100xas long as short