Funding you earn now, next payment 04:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.39 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX+0.165%7-day average +0.187% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$760.760% of the position
Funding, last 7 days+0.611%+$61 on $10k
+Price spread, last 7 days+0.169%+$17 · spread now +0.165%, 7d avg +0.187%
=Funding pays, the price is against you. Gate is 0.022% cheaper against BingX than usual: you would sell low and buy high (spread +0.165% now, against its 7-day average of +0.187%). If the spread goes back, that is −$2 on $10k: about 23 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.611% in total) that is about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FF-USDT | 0.1271 | 0.0100 | pay 0.0050% / 4h | 6m 35s | — | $6.7M | — |
| Short | Gate FF_USDT | 0.1273 | 0.0178 | get 0.0089% / 4h | 6m 35s | $26.8M | $1.4M | 50x |
BingX FF-USDT
Gate FF_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
- $16.38
- Price spread: +0.165% → +0.187%
- −$2.21
- Slippage, 4 orders
- −$51.03
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$61.86
- Costs to cover
- 0.760%
- Break-even
- 33.4 days
Slippage from BingX: live order book, 6 min ago; Gate: live order book, 2 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 | 1.97 bp | 10.8 bp −$11 | 47.1 bp −$471 | 604.5 bp −$60.4K | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.75 bp | 21.1 bp −$21 | 132.3 bp −$1,323 | doesn't fit | doesn't fit |
FF 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance FFUSDT | −0.0067% | 4h | 0.1271 | −0.045% | $42.9M | $17.3M | 20x | as long as short |
| MEXC FF_USDT | −0.0066% | 4h | 0.1271 | −0.047% | $10.1M | $700K | 50x | as long as short |
| BloFin FF-USDT | −0.0023% | 4h | 0.1271 | −0.016% | $2.3M | $141K | 20x | as long as short |
| Aster FFUSDT | +0.0100% | 4h | 0.1272 | +0.044% | $1.2M | $26K | 5x | as long as short |
| Bybit FFUSDT | +0.0100% | 4h | 0.1271 | −0.008% | $14.4M | $4.3M | 20x | as long as short |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1273 | +0.165% | $8.5M | $4.5M | 20x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1272 | +0.039% | $18.5M | $1.0M | 5x | as long as short |
| BingX FF-USDTlong | +0.0100% | 4h | 0.1271 | long leg | — | $6.7M | — | |
| SunX FF-USDT | +0.0100% | 4h | 0.1270 | −0.087% | $1K | $1.1M | 20x | as long as short |
| Gate FF_USDTshort | +0.0178% | 4h | 0.1273 | +0.165% | $26.8M | $1.4M | 50x |
Binance FFUSDT
MEXC FF_USDT
BloFin FF-USDT
Aster FFUSDT
Bybit FFUSDT
KuCoin FFUSDTM
Bitget FFUSDT
SunX FF-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FF | +0.0424% | 1h | 0.1275 | +0.291% | $135K | $32K | 3x | as long as short |
Lighter FF