Funding you earn now, next payment 04:00 UTC−0.0774%/8h= −84.8% APRnext payment −$3.87 per $10,000 · paid last 24h +0.102%
Price spread now: BingX against Gate−0.096%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,737as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,850as in the Price arb table
costs, in and out, $10k−$1,84318.429% of the position
Funding, last 7 days+1.055%+$105 on $10k
+Price spread, last 4 days (all we have)+0.178%+$18 · spread now −0.096%, 7d avg −0.029%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and BingX is 0.066% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.029%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.055%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ESPORTS_USDT | 0.01044 | 0.2538 | pay 0.1269% / 4h | 3h 16m | $378K | $567K | 10x |
| Short | BingX ESPORTS-USDT | 0.01043 | 0.1764 | get 0.0882% / 4h | 3h 16m | — | $1.4M | — |
Gate ESPORTS_USDT
BingX ESPORTS-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
- −$162.54
- Price spread: −0.096% → −0.029%
- −$6.63
- Slippage, 4 orders
- −$1,817.87
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$2,012.04
- Costs to cover
- 18.429%
- Break-even
- never at this rate
Slippage from Gate: live order book, 55 min ago; BingX: live order book, 14 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 Gate live order book, 55 min ago | 9.64 bp | 1032.3 bp −$1,032 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 9.59 bp | 19.7 bp −$20 | 97.8 bp −$978 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ESPORTS | +0.0488% | 4h | 0.01044 | +0.032% | $31K | $507 | — | as long as short |
| KuCoin ESPORTSUSDTM | +0.0952% | 4h | 0.01042 | −0.192% | $796K | $54K | 10x | as long as short |
| Aster ESPORTSUSDT | +0.1524% | 4h | 0.01044 | +0.011% | $142K | $67K | 5x | as long as short |
| BingX ESPORTS-USDTshort | +0.1764% | 4h | 0.01043 | −0.096% | — | $1.4M | — | |
| Bybit ESPORTSUSDT | +0.1772% | 4h | 0.01044 | 0.000% | $1.8M | $981K | 10x | as long as short |
| MEXC ESPORTS_USDT | +0.1860% | 4h | 0.01042 | −0.192% | $1.4M | $183K | 20x | as long as short |
| Binance ESPORTSUSDT | +0.1860% | 4h | 0.01043 | −0.121% | $5.8M | $4.4M | 10x | as long as short |
| Gate ESPORTS_USDTlong | +0.2538% | 4h | 0.01044 | long leg | $378K | $567K | 10x |
Variational Omni ESPORTS
KuCoin ESPORTSUSDTM
Aster ESPORTSUSDT
Bybit ESPORTSUSDT
MEXC ESPORTS_USDT
Binance ESPORTSUSDT