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

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against BingX−0.099%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$546as in the Funding arb table
Net, price: spread back to 7d avg − costs−$545as in the Price arb table
costs, in and out, $10k−$5425.420% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.099%, 7d avg −0.068%
Together, before fees+0.023%+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.032% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX DEEP-USDT0.020160.0100pay 0.0050% / 4h2h 52m$6.6M
ShortGate DEEP_USDT0.020140.0100get 0.0050% / 4h2h 52m$311K$96K50x

Funding 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 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: −0.099% → −0.068%
−$3.16
Slippage, 4 orders
−$516.99
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$545.14
Costs to cover
5.420%
Break-even
never at this rate
Slippage from BingX: live order book, 14 min ago; Gate: live order book, 13 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 BingX live order book, 14 min ago9.76 bp30.6 bp −$3185.2 bp −$852641.5 bp −$64.2K1118.2 bp −$559.1K
Sell Gate live order book, 13 min ago9.75 bp254.2 bp −$254doesn't fitdoesn't fitdoesn't fit

DEEP on 12 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
BloFin DEEP-USDT+0.0072%8h0.02009−0.347%$145K$33K50xas long as short
Binance DEEPUSDT+0.0100%4h0.02019+0.149%$2.2M$6.0M50xas long as short
Bybit DEEPUSDT+0.0100%8h0.02010−0.298%$4.3M$2.7M50xas long as short
Gate DEEP_USDTshort+0.0100%4h0.02014−0.099%$311K$96K50x
MEXC DEEP_USDT+0.0100%4h0.02019+0.149%$1.1M$522K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.02014−0.099%$1.8M$92K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.02017+0.050%$839K$604K50xas long as short
BingX DEEP-USDTlong+0.0100%4h0.02016long leg$6.6M
Variational Omni DEEP+0.0100%8h0.01996−0.983%$13K$9Kas long as short
Extended DEEP-USD+0.0104%1h0.02019+0.125%$4K$212K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin DEEP-PERP+0.0918%1h0.02019+0.149%$82K$13K20xas long as short
Kraken Futures PF_DEEPUSD+2.3984%1h0.02015−0.069%$8K$7K10xas long as short