Funding you earn now, next payment 04:00 UTC+0.0258%/8h= +28.3% APRnext payment +$1.29 per $10,000 · paid last 24h +0.012%
Price spread now: Gate against BingX−1.310%7-day average +0.432% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)+4.533%+$453 on $10k
+Price spread, last 4 days (all we have)+3.316%+$332 · spread now −1.310%, 7d avg +0.432%
=Funding pays, the price is against you. Gate is 1.742% cheaper against BingX than usual: you would sell low and buy high (spread −1.310% now, against its 7-day average of +0.432%). If the spread goes back, that is −$174 on $10k: about 23 days of funding at the current rate (+$8 a day). At the pace of the last 6 days (+4.533% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX COOL-USDT | 0.001374 | −0.0158 | get 0.0079% / 4h | 56m 55s | — | $318K | — |
| Short | Gate COOL_USDT | 0.001356 | 0.0100 | get 0.0050% / 4h | 56m 55s | $44K | $143K | 10x |
BingX COOL-USDT
Gate COOL_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
- $54.18
- Price spread: −1.310% → +0.432%
- −$174.2
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$145.02
- Costs to cover
- 0.250%
- Break-even
- 25.7 days
Slippage unknown: BingX: live order book, 61 min ago; Gate: live order book, 59 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 BingX live order book, 61 min ago | 84.32 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 59 min ago | 30.71 bp | 2200.7 bp −$2,201 | doesn't fit | doesn't fit | doesn't fit |
COOL on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC COOL_USDT | −0.0226% | 4h | 0.001339 | −2.547% | $24K | $88K | 20x | as long as short |
| BingX COOL-USDTlong | −0.0158% | 4h | 0.001374 | long leg | — | $318K | — | |
| Gate COOL_USDTshort | +0.0100% | 4h | 0.001356 | −1.310% | $44K | $143K | 10x |
MEXC COOL_USDT