Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against Gate0.000%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$936as in the Funding arb table
Net, price: spread back to 7d avg − costs−$946as in the Price arb table
costs, in and out, $10k−$9399.391% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)+0.214%+$21 · spread now 0.000%, 7d avg +0.070%
=Funding pays, the price is against you. BingX is 0.070% cheaper against Gate than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.070%). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.035% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DEEP_USDT | 0.01978 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $305K | $97K | 50x |
| Short | BingX DEEP-USDT | 0.01978 | 0.0200 | get 0.0100% / 4h | 2h 18m | — | $6.6M | — |
Gate DEEP_USDT
BingX DEEP-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
- $21
- Price spread: 0.000% → +0.070%
- −$6.95
- Slippage, 4 orders
- −$914.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$925
- Costs to cover
- 9.391%
- Break-even
- 315.3 days
Slippage from Gate: live order book, 1 min ago; BingX: live order book, 3 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, 1 min ago | 7.59 bp | 331.6 bp −$332 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 10.10 bp | 35.6 bp −$36 | 107.8 bp −$1,078 | 676.7 bp −$67.7K | 1116.5 bp −$558.2K |
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin DEEP-USDT | +0.0078% | 8h | 0.01978 | 0.000% | $136K | $34K | 50x | as long as short |
| Binance DEEPUSDT | +0.0100% | 4h | 0.01979 | +0.028% | $2.1M | $6.0M | 50x | as long as short |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01973 | −0.253% | $4.2M | $2.6M | 50x | as long as short |
| Gate DEEP_USDTlong | +0.0100% | 4h | 0.01978 | long leg | $305K | $97K | 50x | |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01978 | 0.000% | $1.0M | $547K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.01986 | +0.404% | $1.8M | $92K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01982 | +0.202% | $841K | $596K | 50x | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01977 | −0.031% | $11K | $6K | — | as long as short |
| Bluefin DEEP-PERP | +0.0100% | 1h | 0.01974 | −0.202% | $80K | $15K | 20x | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01978 | +0.014% | $5K | $221K | 5x | as long as short |
BloFin DEEP-USDT
Binance DEEPUSDT
Bybit DEEPUSDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
Variational Omni DEEP
Bluefin DEEP-PERP
Extended DEEP-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DEEP-USDTshort | +0.0200% | 4h | 0.01978 | 0.000% | — | $6.6M | — | |
| Kraken Futures PF_DEEPUSD | +1.2304% | 1h | 0.01977 | −0.075% | $8K | $7K | 10x | as long as short |
Kraken Futures PF_DEEPUSD