Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.055%
Price spread now: Gate against BingX−0.074%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1741.739% of the position
Funding, last 7 days+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.074%, 7d avg +0.026%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.099% cheaper against BingX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ERA-USDT | 0.06797 | 0.0100 | pay 0.0050% / 4h | 1h 20m | — | $6.6M | — |
| Short | Gate ERA_USDT | 0.06792 | 0.0100 | get 0.0050% / 4h | 1h 20m | $149K | $689K | 25x |
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 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: −0.074% → +0.026%
- −$9.93
- Slippage, 4 orders
- −$148.88
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$183.81
- Costs to cover
- 1.739%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Gate: live order book, 41 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 | 6.63 bp | 27.4 bp −$27 | 93.6 bp −$936 | doesn't fit | doesn't fit |
| Sell Gate live order book, 41 min ago | 8.85 bp | 60.2 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
ERA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ERAUSDT | +0.0100% | 4h | 0.06798 | +0.017% | $5K | $12K | 5x | as long as short |
| Binance ERAUSDT | +0.0100% | 4h | 0.06794 | −0.044% | $2.1M | $4.5M | 25x | as long as short |
| Bybit ERAUSDT | +0.0100% | 4h | 0.06795 | −0.029% | $771K | $817K | 25x | as long as short |
| Gate ERA_USDTshort | +0.0100% | 4h | 0.06792 | −0.074% | $149K | $689K | 25x | |
| MEXC ERA_USDT | +0.0100% | 4h | 0.06794 | −0.044% | $535K | $151K | 20x | as long as short |
| KuCoin ERAUSDTM | +0.0100% | 4h | 0.06791 | −0.088% | $138K | $65K | 25x | as long as short |
| Bitget ERAUSDT | +0.0100% | 4h | 0.06802 | +0.074% | $822K | $237K | 25x | as long as short |
| BingX ERA-USDTlong | +0.0100% | 4h | 0.06797 | long leg | — | $6.6M | — | |
| Variational Omni ERA | +0.0100% | 4h | 0.06805 | +0.114% | $10K | $594 | — | as long as short |
BingX ERA-USDT
Gate ERA_USDT
Aster ERAUSDT
Binance ERAUSDT
Bybit ERAUSDT
MEXC ERA_USDT
KuCoin ERAUSDTM
Bitget ERAUSDT
Variational Omni ERA