Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.104%
Price spread now: BingX against Gate+0.065%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1321.325% of the position
Funding, last 7 days−0.757%−$76 on $10k
+Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.065%, 7d avg −0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.091% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CAP_USDT | 0.04600 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $327K | $1.2M | 20x |
| Short | BingX CAP-USDT | 0.04603 | 0.0100 | get 0.0050% / 4h | 2h 12m | — | $1.6M | — |
Gate CAP_USDT
BingX CAP-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
- $0
- Price spread: +0.065% → −0.026%
- $9.13
- Slippage, 4 orders
- −$107.48
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$123.36
- Costs to cover
- 1.325%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; BingX: live order book, 4 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, 5 min ago | 3.25 bp | 49.1 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 4.34 bp | 24.4 bp −$24 | 78.9 bp −$789 | doesn't fit | doesn't fit |
CAP on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CAPUSDTM | −0.0796% | 4h | 0.04595 | −0.109% | $4.4M | $1.4M | 10x | as long as short |
| OKX CAP-USDT-SWAP | −0.0418% | 4h | 0.04604 | +0.087% | $2.1M | $7.1M | 10x | as long as short |
| Bitget CAPUSDT | −0.0044% | 4h | 0.04596 | −0.087% | $1.0M | $588K | 10x | as long as short |
| gTrade (Gains Network) CAP/USD | L 0.0000% / S 0.0000% | 1h | 0.04602 | +0.041% | — | — | 150x | as long as short |
| Variational Omni CAP | +0.0090% | 4h | 0.04612 | +0.264% | $8K | $8K | — | as long as short |
| Lighter CAP | +0.0096% | 1h | 0.04602 | +0.050% | $19K | $2K | 3x | as long as short |
| Aster CAPUSDT | +0.0100% | 4h | 0.04598 | −0.040% | $26K | $66K | 5x | as long as short |
| Binance CAPUSDT | +0.0100% | 4h | 0.04603 | +0.071% | $9.0M | $8.8M | 10x | as long as short |
| Bybit CAPUSDT | +0.0100% | 4h | 0.04604 | +0.087% | $4.5M | $4.1M | 10x | as long as short |
| Gate CAP_USDTlong | +0.0100% | 4h | 0.04600 | long leg | $327K | $1.2M | 20x |
KuCoin CAPUSDTM
OKX CAP-USDT-SWAP
Bitget CAPUSDT
gTrade (Gains Network) CAP/USD
Variational Omni CAP
Lighter CAP
Aster CAPUSDT
Binance CAPUSDT
Bybit CAPUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC CAP_USDT | +0.0100% | 4h | 0.04601 | +0.022% | $560K | $236K | 20x | as long as short |
| BingX CAP-USDTshort | +0.0100% | 4h | 0.04603 | +0.065% | — | $1.6M | — | |
| Orderly PERP_CAP_USDC_mythos | +0.0100% | 4h | 0.04602 | +0.050% | $5K | $582 | 10x | as long as short |
MEXC CAP_USDT
Orderly PERP_CAP_USDC_mythos