Funding you earn now, next payment 00:00 UTC−0.1106%/8h= −121.1% APRpaid last 24h −0.405%
Price spread now: Gate against BingX+0.064%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$266as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1861.856% of the position
Funding, last 7 days−0.808%−$81 on $10k
+Price spread, last 4 days (all we have)−0.162%−$16 · spread now +0.064%, 7d avg +0.021%
=The price spread pays, funding is against you. Gate is 0.043% dearer against BingX than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of +0.021%): +$4 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.808% in total) that is about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ESP-USDT | 0.09374 | 0.1206 | pay 0.0603% / 4h | 2h 41m | — | $1.7M | — |
| Short | Gate ESP_USDT | 0.09380 | 0.0100 | get 0.0100% / 8h | 2h 41m | $169K | $607K | 50x |
BingX ESP-USDT
Gate ESP_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
- −$232.26
- Price spread: +0.064% → +0.021%
- $4.33
- Slippage, 4 orders
- −$160.61
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$413.54
- Costs to cover
- 1.856%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Gate: live order book, 44 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 | 4.26 bp | 16.7 bp −$17 | 53.6 bp −$536 | doesn't fit | doesn't fit |
| Sell Gate live order book, 44 min ago | 6.89 bp | 69.8 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
ESP on 11 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 ESPUSDT | +0.0100% | 4h | 0.09375 | +0.007% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09369 | −0.054% | $2.4M | $4.2M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09375 | +0.011% | $595K | $1.3M | 20x | as long as short |
| Gate ESP_USDTshort | +0.0100% | 8h | 0.09380 | +0.064% | $169K | $607K | 50x | |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09374 | 0.000% | $1.2M | $105K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09380 | +0.064% | $1.5M | $52K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09373 | −0.012% | $955K | $123K | 20x | as long as short |
| edgeX ESPUSDC | +0.0101% | 4h | 0.09369 | −0.058% | $29K | $270K | 10x | as long as short |
| BloFin ESP-USDT | +0.0108% | 4h | 0.09373 | −0.011% | $121K | $35K | 25x | as long as short |
| BingX ESP-USDTlong | +0.1206% | 4h | 0.09374 | long leg | — | $1.7M | — |
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDC
BloFin ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.1525% | 4h | 0.09360 | −0.149% | $1.1M | $583K | 50x | as long as short |
Bybit ESPUSDT