Funding you earn now, next payment 04:00 UTC−0.1438%/8h= −157.5% APRnext payment −$7.19 per $10,000 · paid last 24h −0.102%
Price spread now: Gate against BingX+0.097%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,592as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,480as in the Price arb table
costs, in and out, $10k−$1,48714.865% of the position
Funding, last 7 days−1.055%−$105 on $10k
+Price spread, last 4 days (all we have)−0.199%−$20 · spread now +0.097%, 7d avg +0.030%
=The price spread pays, funding is against you. Gate is 0.067% dearer against BingX than usual: you sell high and buy low (spread +0.097% now, against its 7-day average of +0.030%): +$7 on $10k if it goes back. Holding the pair costs −$43 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−1.055% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ESPORTS-USDT | 0.01034 | 0.2190 | pay 0.1095% / 4h | 1h 16m | — | $1.4M | — |
| Short | Gate ESPORTS_USDT | 0.01035 | 0.0752 | get 0.0376% / 4h | 1h 16m | $369K | $568K | 10x |
BingX ESPORTS-USDT
Gate ESPORTS_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
- −$301.98
- Price spread: +0.097% → +0.030%
- $6.68
- Slippage, 4 orders
- −$1,461.52
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,781.81
- Costs to cover
- 14.865%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 45 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, 5 min ago | 9.67 bp | 30.4 bp −$30 | 139.3 bp −$1,393 | doesn't fit | doesn't fit |
| Sell Gate live order book, 45 min ago | 9.63 bp | 710.8 bp −$711 | doesn't fit | doesn't fit | doesn't fit |
ESPORTS on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPORTSUSDT | +0.0298% | 4h | 0.01035 | +0.097% | $1.8M | $1.1M | 10x | as long as short |
| Variational Omni ESPORTS | +0.0752% | 4h | 0.01034 | +0.030% | $31K | $507 | — | as long as short |
| Gate ESPORTS_USDTshort | +0.0752% | 4h | 0.01035 | +0.097% | $369K | $568K | 10x | |
| KuCoin ESPORTSUSDTM | +0.1352% | 4h | 0.01032 | −0.193% | $779K | $42K | 10x | as long as short |
| Aster ESPORTSUSDT | +0.1628% | 4h | 0.01034 | −0.037% | $126K | $85K | 5x | as long as short |
| Binance ESPORTSUSDT | +0.2144% | 4h | 0.01033 | −0.097% | $5.8M | $4.6M | 10x | as long as short |
| MEXC ESPORTS_USDT | +0.2166% | 4h | 0.01034 | 0.000% | $1.4M | $186K | 20x | as long as short |
| BingX ESPORTS-USDTlong | +0.2190% | 4h | 0.01034 | long leg | — | $1.4M | — |
Bybit ESPORTSUSDT
Variational Omni ESPORTS
KuCoin ESPORTSUSDTM
Aster ESPORTSUSDT
Binance ESPORTSUSDT
MEXC ESPORTS_USDT