Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Gate−0.174%7-day average +0.079% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 7 days+0.291%+$29 · spread now −0.174%, 7d avg +0.079%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.253% cheaper against Gate than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DRIFT_USDT | 0.01727 | 0.0100 | pay 0.0050% / 4h | 2h 57m | $124K | $238K | 10x |
| Short | BingX DRIFT-USDT | 0.01724 | 0.0100 | get 0.0050% / 4h | 2h 57m | — | $6.6M | — |
Gate DRIFT_USDT
BingX DRIFT-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
- $0
- Price spread: −0.174% → +0.079%
- −$25.27
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$50.27
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 5 min ago; BingX: live order book, 10 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, 5 min ago | 8.70 bp | 372.4 bp −$372 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 8.66 bp | 36.0 bp −$36 | 165.7 bp −$1,657 | 701.4 bp −$70.1K | doesn't fit |
DRIFT on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DRIFT/USDC PERP | +0.0033% | 1h | 0.01591 | −7.875% | — | $9K | 5.5x | as long as short |
| BloFin DRIFT-USDT | +0.0054% | 4h | 0.01731 | +0.232% | $153K | $10K | 20x | as long as short |
| Binance DRIFTUSDT | +0.0100% | 4h | 0.01730 | +0.174% | $2.3M | $6.8M | 20x | as long as short |
| Bybit DRIFTUSDT | +0.0100% | 4h | 0.01725 | −0.116% | $2.3M | $2.9M | 20x | as long as short |
| Gate DRIFT_USDTlong | +0.0100% | 4h | 0.01727 | long leg | $124K | $238K | 10x | |
| MEXC DRIFT_USDT | +0.0100% | 4h | 0.01729 | +0.116% | $413K | $169K | 20x | as long as short |
| KuCoin DRIFTUSDTM | +0.0100% | 4h | 0.01722 | −0.290% | $680K | $128K | 20x | as long as short |
| Bitget DRIFTUSDT | +0.0100% | 4h | 0.01729 | +0.116% | $533K | $362K | 10x | as long as short |
| BingX DRIFT-USDTshort | +0.0100% | 4h | 0.01724 | −0.174% | — | $6.6M | — | |
| Variational Omni DRIFT | +0.0100% | 4h | 0.01725 | −0.104% | $23K | $6K | — | as long as short |
Injective DRIFT/USDC PERP
BloFin DRIFT-USDT
Binance DRIFTUSDT
Bybit DRIFTUSDT
MEXC DRIFT_USDT
KuCoin DRIFTUSDTM
Bitget DRIFTUSDT
Variational Omni DRIFT