Funding you earn now, next payment 08:00 UTC+0.0927%/8h= +101.5% APRnext payment +$9.27 per $10,000 · paid last 24h +0.381%
Price spread now: BingX against Gate−0.125%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1511.506% of the position
Funding, last 2 days (all we have)+0.498%+$50 on $10k
+Price spread, last 2 days (all we have)+0.342%+$34 · spread now −0.125%, 7d avg −0.031%
=Funding pays, the price is against you. BingX is 0.094% cheaper against Gate than usual: you would sell low and buy high (spread −0.125% now, against its 7-day average of −0.031%). If the spread goes back, that is −$9 on $10k: about 8 hours of funding at the current rate (+$28 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CELR_USDT | 0.003201 | −0.4523 | get 0.4523% / 8h | 6h 10m | $221K | $1.3M | 25x |
| Short | BingX CELR-USDT | 0.003197 | −0.3596 | pay 0.3596% / 8h | 6h 10m | — | $2.7M | — |
Funding 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
- $194.67
- Price spread: −0.125% → −0.031%
- −$9.41
- Slippage, 4 orders
- −$125.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $34.62
- Costs to cover
- 1.506%
- Break-even
- 5.8 days
Slippage from Gate: live order book, 2 min ago; BingX: live order book, 9 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, 2 min ago | 4.68 bp | 43.2 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 4.67 bp | 30.4 bp −$30 | 91.4 bp −$914 | 445.4 bp −$44.5K | 528.1 bp −$264.0K |
CELR on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CELRUSD | −0.7928% | 1h | 0.003187 | −0.430% | $34K | $58K | 10x | as long as short |
| MEXC CELR_USDT | −0.5592% | 8h | 0.003197 | −0.125% | $523K | $1.6M | 50x | as long as short |
| Binance CELRUSDT | −0.5578% | 8h | 0.003195 | −0.183% | $3.7M | $51.1M | 25x | as long as short |
| KuCoin CELRUSDTM | −0.5384% | 8h | 0.003196 | −0.156% | $430K | $4.3M | 25x | as long as short |
| Bitget CELRUSDT | −0.5088% | 8h | 0.003196 | −0.156% | $599K | $5.1M | 25x | as long as short |
| Gate CELR_USDTlong | −0.4523% | 8h | 0.003201 | long leg | $221K | $1.3M | 25x | |
| BingX CELR-USDTshort | −0.3596% | 8h | 0.003197 | −0.125% | — | $2.7M | — |
Gate CELR_USDT
BingX CELR-USDT
Kraken Futures PF_CELRUSD
MEXC CELR_USDT
Binance CELRUSDT
KuCoin CELRUSDTM
Bitget CELRUSDT