Funding you earn now, next payment 04:00 UTC+0.0300%/8h= +32.8% APRnext payment +$1.50 per $10,000 · paid last 24h −0.012%
Price spread now: BingX against Gate+1.257%7-day average −0.444% · you sell dearer than you buy
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)−3.878%−$388 · spread now +1.257%, 7d avg −0.444%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 1.701% dearer against Gate than usual: you sell high and buy low: +$170 more if the spread goes back to its 7-day average of −0.444%. Mind the row above: over the last 6 days funding on this pair cost −4.533%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COOL_USDT | 0.001511 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $56K | $161K | 10x |
| Short | BingX COOL-USDT | 0.001530 | 0.0400 | get 0.0200% / 4h | 2h 11m | — | $311K | — |
Gate COOL_USDT
BingX COOL-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
- $63
- Price spread: +1.257% → −0.444%
- $170.1
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $208.1
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 50 min ago; BingX: live order book, 62 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, 50 min ago | 55.07 bp | 6784.0 bp −$6,784 | 145380.8 bp −$1.45M | doesn't fit | doesn't fit |
| Sell BingX live order book, 62 min ago | 191.99 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate COOL_USDTlong | +0.0100% | 4h | 0.001511 | long leg | $56K | $161K | 10x | |
| MEXC COOL_USDT | +0.0220% | 4h | 0.001509 | −0.132% | $28K | $91K | 20x | as long as short |
| BingX COOL-USDTshort | +0.0400% | 4h | 0.001530 | +1.257% | — | $311K | — |
MEXC COOL_USDT