Funding you earn now, next payment 04:00 UTC−0.0306%/8h= −33.5% APRnext payment −$1.53 per $10,000 · paid last 24h −0.016%
Price spread now: Gate against BingX−0.099%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2042.044% of the position
Funding, last 7 days−0.261%−$26 on $10k
+Price spread, last 7 days+0.161%+$16 · spread now −0.099%, 7d avg +0.052%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.151% cheaper against BingX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.052%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX C-USDT | 0.08051 | 0.0916 | pay 0.0458% / 4h | 57m 12s | — | $2.4M | — |
| Short | Gate C_USDT | 0.08043 | 0.0610 | get 0.0305% / 4h | 57m 12s | $329K | $481K | 20x |
BingX C-USDT
Gate C_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
- −$64.26
- Price spread: −0.099% → +0.052%
- −$15.12
- Slippage, 4 orders
- −$179.4
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$283.78
- Costs to cover
- 2.044%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Gate: live order book, 64 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, 7 min ago | 4.38 bp | 31.1 bp −$31 | 117.2 bp −$1,172 | doesn't fit | doesn't fit |
| Sell Gate live order book, 64 min ago | 8.74 bp | 63.8 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
C 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 CUSDT | +0.0100% | 4h | 0.08039 | −0.144% | $32K | $104K | 5x | as long as short |
| Binance CUSDT | +0.0100% | 4h | 0.08040 | −0.137% | $6.6M | $11.9M | 50x | as long as short |
| MEXC C_USDT | +0.0100% | 4h | 0.08041 | −0.124% | $215K | $197K | 50x | as long as short |
| KuCoin CUSDTM | +0.0100% | 4h | 0.08035 | −0.199% | $648K | $141K | 25x | as long as short |
| Bitget CUSDT | +0.0100% | 4h | 0.08045 | −0.075% | $458K | $1.0M | 20x | as long as short |
| Variational Omni C | +0.0100% | 4h | 0.08051 | −0.002% | $619 | $13K | — | as long as short |
| Gate C_USDTshort | +0.0610% | 4h | 0.08043 | −0.099% | $329K | $481K | 20x | |
| BingX C-USDTlong | +0.0916% | 4h | 0.08051 | long leg | — | $2.4M | — | |
| Bybit CUSDT | +0.0971% | 4h | 0.08046 | −0.062% | $1.2M | $1.8M | 13x | as long as short |
Aster CUSDT
Binance CUSDT
MEXC C_USDT
KuCoin CUSDTM
Bitget CUSDT
Variational Omni C
Bybit CUSDT