Settings8H · net · $10k
Funding arb · Price arb /

CROSS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Gate+0.041%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,329as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,338as in the Price arb table
costs, in and out, $10k−$1,33713.368% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.041%, 7d avg +0.050%
Together, before fees+0.015%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CROSS_USDT0.14740.0100pay 0.0050% / 4h1h 57m$183K$47K20x
ShortBingX CROSS-USDT0.14740.0100get 0.0050% / 4h1h 57m$1.3M

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.041% → +0.050%
−$0.9
Slippage, 4 orders
−$1,311.8
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$1,337.7
Costs to cover
13.368%
Break-even
never at this rate
Slippage from Gate: live order book, 19 min ago; BingX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 19 min ago12.58 bp343.6 bp −$344doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 2 min ago5.43 bp74.7 bp −$75164.7 bp −$1,647983.6 bp −$98.4K1340.8 bp −$670.4K

CROSS on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CROSSUSDT+0.0100%4h0.1477+0.202%$1.5M$3.2M40xas long as short
Bybit CROSSUSDT+0.0100%4h0.1475+0.061%$674K$708K20xas long as short
Gate CROSS_USDTlong+0.0100%4h0.1474long leg$183K$47K20x
MEXC CROSS_USDT+0.0100%4h0.1476+0.156%$318K$160K100xas long as short
KuCoin CROSSUSDTM+0.0100%4h0.1469−0.346%$271K$32K20xas long as short
Bitget CROSSUSDT+0.0100%4h0.1474+0.027%$1.2M$218K20xas long as short
BingX CROSS-USDTshort+0.0100%4h0.1474+0.041%$1.3M
Variational Omni CROSS+0.0100%4h0.1473−0.058%$677$2Kas long as short