Funding you earn now, next payment 00:00 UTC+0.0247%/8h= +27.0% APRnext payment +$2.47 per $10,000 · paid last 24h +0.008%
Price spread now: BingX against Gate+0.149%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$490.490% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 7 days−0.118%−$12 · spread now +0.149%, 7d avg +0.009%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.140% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.009%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FET_USDT | 0.2020 | 0.0069 | pay 0.0069% / 8h | 1h 15m | $2.7M | $12.0M | 50x |
| Short | BingX FET-USDT | 0.2023 | 0.0316 | get 0.0316% / 8h | 1h 15m | — | $5.6M | — |
Gate FET_USDT
BingX FET-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
- $51.87
- Price spread: +0.149% → +0.009%
- $14
- Slippage, 4 orders
- −$23.98
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $16.89
- Costs to cover
- 0.490%
- Break-even
- 4.7 days
Slippage from Gate: live order book, 3 min ago; BingX: live order book, 10 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, 3 min ago | 2.48 bp | 14.0 bp −$14 | 37.1 bp −$371 | 54.5 bp −$5,451 | doesn't fit |
| Sell BingX live order book, 10 min ago | 4.97 bp | 12.8 bp −$13 | 16.3 bp −$163 | 47.5 bp −$4,749 | 343.2 bp −$171.6K |
FET on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.3200% | 1h | 0.2022 | +0.099% | $27K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0744% | 1h | 0.2018 | −0.099% | $151K | $201K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2022 | +0.079% | $32K | — | 150x | as long as short |
| Gate FET_USDTlong | +0.0069% | 8h | 0.2020 | long leg | $2.7M | $12.0M | 50x | |
| Aster FETUSDT | +0.0100% | 8h | 0.2021 | +0.026% | $343K | $535K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2022 | +0.107% | $31.6M | $107.6M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2021 | +0.050% | $34.6M | $25.1M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2022 | +0.099% | $10.5M | $19.1M | 50x | as long as short |
| Variational Omni FET | +0.0100% | 8h | 0.2019 | −0.037% | $274K | $317K | — | as long as short |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2020 | 0.000% | $37K | $5K | 10x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTM
Variational Omni FET
Orderly PERP_FET_USDCShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FET-USD | +0.0104% | 1h | 0.2021 | +0.029% | $34K | $190K | 10x | as long as short |
| OKX FET-USDT-SWAP | +0.0182% | 4h | 0.2024 | +0.198% | $857K | $7.6M | 20x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2020 | +0.021% | $13K | — | 100x | as long as short |
| Hyperliquid FET | +0.0204% | 1h | 0.2024 | +0.208% | $8.9M | $7.9M | 5x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2020 | 0.000% | $1.7M | $2.6M | 100x | as long as short |
| BingX FET-USDTshort | +0.0316% | 8h | 0.2023 | +0.149% | — | $5.6M | — | |
| Bitget FETUSDT | +0.0334% | 8h | 0.2023 | +0.149% | $16.3M | $11.4M | 75x | as long as short |
| Kraken Futures PF_FETUSD | +0.0358% | 1h | 0.2023 | +0.156% | $1.0M | $2.2M | 50x | as long as short |
| Injective FET/USDC PERP | +0.0553% | 1h | 0.2010 | −0.495% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0599% | 1h | 0.2022 | +0.119% | $35K | $36K | 5x | as long as short |
Extended FET-USD
OKX FET-USDT-SWAP
GMX FET/USD [ETH-USDC]
Hyperliquid FET
BloFin FET-USDT
Bitget FETUSDT
Kraken Futures PF_FETUSD
Injective FET/USDC PERP
Phoenix FET