Funding you earn now, next payment 08:00 UTC−0.0850%/8h= −93.1% APRnext payment −$4.25 per $10,000 · paid last 24h +0.026%
Price spread now: BingX against Gate+2.069%7-day average +2.106% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 4 days (all we have)−0.187%−$19 · spread now +2.069%, 7d avg +2.106%
=Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and BingX is 0.037% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +2.106%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.196%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.196% in total (about 10.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.25 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 CATE_USDT | 0.09984 | 0.1018 | pay 0.0509% / 4h | 1h 08m | $205K | $300K | 20x |
| Short | BingX CATE-USDT | 0.1019 | 0.0168 | get 0.0084% / 4h | 1h 08m | — | $1.0M | — |
Gate CATE_USDT
BingX CATE-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
- −$178.5
- Price spread: +2.069% → +2.106%
- −$3.65
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$207.15
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 29 min ago; BingX: live order book, 1 min ago. Net counts fees only.
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, 29 min ago | 67.43 bp | 512.1 bp −$512 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 39.40 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
CATE on 4 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 CATEUSDT | +0.0100% | 1h | 0.09964 | −0.204% | $181K | $443K | 5x | as long as short |
| BingX CATE-USDTshort | +0.0168% | 4h | 0.1019 | +2.069% | — | $1.0M | — | |
| MEXC CATE_USDT | +0.0240% | 4h | 0.1018 | +1.997% | $953K | $558K | 20x | as long as short |
| Gate CATE_USDTlong | +0.1018% | 4h | 0.09984 | long leg | $205K | $300K | 20x |
Aster CATEUSDT
MEXC CATE_USDT