Funding you earn now, next payment 04:00 UTC+0.0700%/8h= +76.6% APRnext payment +$3.50 per $10,000 · paid last 24h +0.130%
Price spread now: BingX against Gate+0.113%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$949as in the Funding arb table
Net, price: spread back to 7d avg − costs−$949as in the Price arb table
costs, in and out, $10k−$9529.523% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.263%+$26 · spread now +0.113%, 7d avg +0.076%
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and BingX is 0.036% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.076%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.030% in total (about 1.6% 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 | Gate CARV_USDT | 0.04431 | 0.0100 | pay 0.0050% / 4h | 53m 29s | $122K | $46K | 20x |
| Short | BingX CARV-USDT | 0.04436 | 0.0800 | get 0.0400% / 4h | 53m 29s | — | $1.3M | — |
Gate CARV_USDT
BingX CARV-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
- $147
- Price spread: +0.113% → +0.076%
- $3.65
- Slippage, 4 orders
- −$927.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$801.68
- Costs to cover
- 9.523%
- Break-even
- 45.2 days
Slippage from Gate: live order book, 24 min ago; BingX: live order book, 5 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, 24 min ago | 20.08 bp | 393.6 bp −$394 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 11.34 bp | 41.1 bp −$41 | 175.6 bp −$1,756 | 689.6 bp −$69.0K | 1239.2 bp −$619.6K |
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 | +0.0054% | 4h | 0.04406 | −0.569% | $462 | $1 | — | as long as short |
| Binance CARVUSDT | +0.0100% | 4h | 0.04442 | +0.246% | $1.4M | $2.9M | 50x | as long as short |
| Bybit CARVUSDT | +0.0100% | 4h | 0.04431 | 0.000% | $890K | $1.1M | 20x | as long as short |
| Gate CARV_USDTlong | +0.0100% | 4h | 0.04431 | long leg | $122K | $46K | 20x | |
| MEXC CARV_USDT | +0.0100% | 4h | 0.04441 | +0.226% | $102K | $109K | 20x | as long as short |
| KuCoin CARVUSDTM | +0.0100% | 4h | 0.04414 | −0.384% | $164K | $37K | 20x | as long as short |
| Bitget CARVUSDT | +0.0100% | 4h | 0.04450 | +0.429% | $785K | $372K | 25x | as long as short |
| BingX CARV-USDTshort | +0.0800% | 4h | 0.04436 | +0.113% | — | $1.3M | — |
Variational Omni CARV
Binance CARVUSDT
Bybit CARVUSDT
MEXC CARV_USDT
KuCoin CARVUSDTM
Bitget CARVUSDT