Funding you earn now, next payment 08:00 UTC−0.0700%/8h= −76.6% APRnext payment −$3.50 per $10,000 · paid last 24h −0.130%
Price spread now: Gate against BingX−0.215%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,645as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,648as in the Price arb table
costs, in and out, $10k−$1,63416.341% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.215%, 7d avg −0.077%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Gate is 0.138% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.077%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.110% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.50 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 | BingX CARV-USDT | 0.04647 | 0.0800 | pay 0.0400% / 4h | 58m 58s | — | $1.4M | — |
| Short | Gate CARV_USDT | 0.04637 | 0.0100 | get 0.0050% / 4h | 58m 58s | $120K | $169K | 20x |
BingX CARV-USDT
Gate CARV_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
- −$147
- Price spread: −0.215% → −0.077%
- −$13.8
- Slippage, 4 orders
- −$1,609.13
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,794.93
- Costs to cover
- 16.341%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Gate: live order book, 58 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, 3 min ago | 6.52 bp | 34.3 bp −$34 | 163.8 bp −$1,638 | 664.8 bp −$66.5K | 1163.9 bp −$581.9K |
| Sell Gate live order book, 58 min ago | 19.36 bp | 407.8 bp −$408 | doesn't fit | doesn't fit | doesn't fit |
CARV on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CARV | +0.0069% | 4h | 0.04585 | −1.330% | $543 | $2K | — | as long as short |
| Binance CARVUSDT | +0.0100% | 4h | 0.04678 | +0.658% | $1.7M | $13.2M | 50x | as long as short |
| Bybit CARVUSDT | +0.0100% | 4h | 0.04677 | +0.646% | $1.2M | $3.2M | 20x | as long as short |
| Gate CARV_USDTshort | +0.0100% | 4h | 0.04637 | −0.215% | $120K | $169K | 20x | |
| MEXC CARV_USDT | +0.0100% | 4h | 0.04643 | −0.086% | $234K | $269K | 20x | as long as short |
| KuCoin CARVUSDTM | +0.0100% | 4h | 0.04615 | −0.689% | $174K | $45K | 20x | as long as short |
| Bitget CARVUSDT | +0.0100% | 4h | 0.04681 | +0.732% | $791K | $1.1M | 25x | as long as short |
| BingX CARV-USDTlong | +0.0800% | 4h | 0.04647 | long leg | — | $1.4M | — |
Variational Omni CARV
Binance CARVUSDT
Bybit CARVUSDT
MEXC CARV_USDT
KuCoin CARVUSDTM
Bitget CARVUSDT