Funding you earn now, next payment 08:00 UTC−0.0066%/8h= −7.2% APRnext payment −$0.33 per $10,000 · paid last 24h +0.022%
Price spread now: BingX against Gate+0.111%7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,144as in the Price arb table
costs, in and out, $10k−$1,16011.602% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.111%, 7d avg −0.054%
=The price spread pays, funding is against you. BingX is 0.166% dearer against Gate than usual: you sell high and buy low (spread +0.111% now, against its 7-day average of −0.054%): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.4 days. At the pace of the last 7 days (−0.002% in total) that is about 15 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COLLECT_USDT | 0.01801 | 0.0212 | pay 0.0106% / 4h | 3h 13m | $257K | $59K | 20x |
| Short | BingX COLLECT-USDT | 0.01803 | 0.0146 | get 0.0073% / 4h | 3h 13m | — | $2.3M | — |
Gate COLLECT_USDT
BingX COLLECT-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
- −$13.86
- Price spread: +0.111% → −0.054%
- $16.55
- Slippage, 4 orders
- −$1,135.19
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,157.5
- Costs to cover
- 11.602%
- Break-even
- never at this rate
Slippage from Gate: live order book, 33 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, 33 min ago | 10.99 bp | 675.2 bp −$675 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 5.55 bp | 63.2 bp −$63 | 194.7 bp −$1,947 | doesn't fit | doesn't fit |
COLLECT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COLLECTUSDT | +0.0100% | 4h | 0.01799 | −0.102% | $356K | $29K | 5x | as long as short |
| BloFin COLLECT-USDT | +0.0117% | 4h | 0.01800 | −0.056% | $332K | $6K | 20x | as long as short |
| Extended COLLECT-USD | +0.0128% | 1h | 0.01802 | +0.077% | $6K | $284K | 5x | as long as short |
| MEXC COLLECT_USDT | +0.0130% | 4h | 0.01802 | +0.056% | $548K | $127K | 50x | as long as short |
| Binance COLLECTUSDT | +0.0130% | 4h | 0.01803 | +0.111% | $5.1M | $1.9M | 20x | as long as short |
| BingX COLLECT-USDTshort | +0.0146% | 4h | 0.01803 | +0.111% | — | $2.3M | — | |
| Gate COLLECT_USDTlong | +0.0212% | 4h | 0.01801 | long leg | $257K | $59K | 20x | |
| KuCoin COLLECTUSDTM | +0.0774% | 4h | 0.01799 | −0.111% | $736K | $67K | 20x | as long as short |
Aster COLLECTUSDT
BloFin COLLECT-USDT
Extended COLLECT-USD
MEXC COLLECT_USDT
Binance COLLECTUSDT
KuCoin COLLECTUSDTM