Funding you earn now, next payment 12:00 UTC−0.0300%/8h= −32.8% APRnext payment −$1.50 per $10,000 · paid last 24h −0.138%
Price spread now: Gate against BingX−0.053%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$649as in the Funding arb table
Net, price: spread back to 7d avg − costs−$577as in the Price arb table
costs, in and out, $10k−$5785.782% of the position
Funding, last 7 days−0.708%−$71 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.053%, 7d avg −0.066%
=The price spread sits at its 7-day average of −0.066%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ELSA-USDT | 0.05613 | 0.0400 | pay 0.0200% / 4h | 3h 40m | — | $1.3M | — |
| Short | Gate ELSA_USDT | 0.05610 | 0.0100 | get 0.0050% / 4h | 3h 40m | $144K | $49K | 20x |
BingX ELSA-USDT
Gate ELSA_USDTFunding 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 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: −0.053% → −0.066%
- $1.22
- Slippage, 4 orders
- −$553.2
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$639.98
- Costs to cover
- 5.782%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Gate: live order book, 50 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 BingX live order book, 6 min ago | 2.67 bp | 25.6 bp −$26 | 195.0 bp −$1,950 | doesn't fit | doesn't fit |
| Sell Gate live order book, 50 min ago | 8.04 bp | 225.5 bp −$225 | doesn't fit | doesn't fit | doesn't fit |
ELSA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ELSAUSDT | +0.0100% | 4h | 0.05610 | −0.061% | $1.3M | $1.2M | 20x | as long as short |
| Bybit ELSAUSDT | +0.0100% | 4h | 0.05606 | −0.125% | $832K | $323K | 20x | as long as short |
| Gate ELSA_USDTshort | +0.0100% | 4h | 0.05610 | −0.053% | $144K | $49K | 20x | |
| MEXC ELSA_USDT | +0.0100% | 4h | 0.05610 | −0.053% | $505K | $117K | 50x | as long as short |
| KuCoin ELSAUSDTM | +0.0100% | 4h | 0.05602 | −0.196% | $187K | $23K | 20x | as long as short |
| Variational Omni ELSA | +0.0100% | 4h | 0.05614 | +0.010% | $1K | $461 | — | as long as short |
| Aster ELSAUSDT | +0.0347% | 4h | 0.05603 | −0.178% | $32K | $7K | 5x | as long as short |
| BingX ELSA-USDTlong | +0.0400% | 4h | 0.05613 | long leg | — | $1.3M | — | |
| Bitget ELSAUSDT | +0.0404% | 4h | 0.05613 | 0.000% | $459K | $154K | 20x | as long as short |
Binance ELSAUSDT
Bybit ELSAUSDT
MEXC ELSA_USDT
KuCoin ELSAUSDTM
Variational Omni ELSA
Aster ELSAUSDT
Bitget ELSAUSDT