Funding you earn now, next payment 08:00 UTC+0.0788%/8h= +86.3% APRnext payment +$3.94 per $10,000 · paid last 24h +0.030%
Price spread now: BingX against Gate+0.063%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1911.907% of the position
Funding, last 7 days+0.275%+$27 on $10k
+Price spread, last 7 days−0.098%−$10 · spread now +0.063%, 7d avg −0.053%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and BingX is 0.116% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.053%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.275% in total (about 14.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.94 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 C_USDT | 0.07919 | 0.0346 | pay 0.0173% / 4h | 3h 09m | $323K | $438K | 20x |
| Short | BingX C-USDT | 0.07924 | 0.1134 | get 0.0567% / 4h | 3h 09m | — | $2.4M | — |
Gate C_USDT
BingX C-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
- $165.48
- Price spread: +0.063% → −0.053%
- $11.64
- Slippage, 4 orders
- −$165.7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$13.58
- Costs to cover
- 1.907%
- Break-even
- 7.6 days
Slippage from Gate: live order book, 41 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, 41 min ago | 8.08 bp | 70.2 bp −$70 | 9296.1 bp −$93.0K | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 3.74 bp | 34.8 bp −$35 | 102.9 bp −$1,029 | 884.7 bp −$88.5K | 1328.4 bp −$664.2K |
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 | 0.07916 | −0.033% | $31K | $97K | 5x | as long as short |
| Binance CUSDT | +0.0100% | 4h | 0.07923 | +0.052% | $6.5M | $11.3M | 50x | as long as short |
| MEXC C_USDT | +0.0100% | 4h | 0.07924 | +0.063% | $220K | $199K | 50x | as long as short |
| KuCoin CUSDTM | +0.0100% | 4h | 0.07910 | −0.114% | $636K | $133K | 25x | as long as short |
| Bitget CUSDT | +0.0100% | 4h | 0.07920 | +0.013% | $451K | $970K | 20x | as long as short |
| Variational Omni C | +0.0100% | 4h | 0.07936 | +0.209% | $611 | $1K | — | as long as short |
| Gate C_USDTlong | +0.0346% | 4h | 0.07919 | long leg | $323K | $438K | 20x | |
| Bybit CUSDT | +0.0891% | 4h | 0.07919 | 0.000% | $1.1M | $1.7M | 13x | as long as short |
| BingX C-USDTshort | +0.1134% | 4h | 0.07924 | +0.063% | — | $2.4M | — |
Aster CUSDT
Binance CUSDT
MEXC C_USDT
KuCoin CUSDTM
Bitget CUSDT
Variational Omni C
Bybit CUSDT