Funding you earn now, next payment 08:00 UTC−0.1694%/8h= −185.5% APRnext payment −$8.47 per $10,000 · paid last 24h −0.213%
Price spread now: BingX against Gate−1.566%7-day average +0.118% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.456%−$46 on $10k
+Price spread, last 4 days (all we have)+1.638%+$164 · spread now −1.566%, 7d avg +0.118%
=Both sides work against this trade now: funding costs −$51 a day on $10k at the current rate, and BingX is 1.684% cheaper against Gate than usual: you would sell low and buy high (−$168 if the spread goes back to its 7-day average of +0.118%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.456% in total (about -23.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.47 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 FLYBRAIN_USDT | 0.0008300 | 0.2094 | pay 0.1047% / 4h | 43m 36s | $186K | $151K | 10x |
| Short | BingX FLYBRAIN-USDT | 0.0008170 | 0.0400 | get 0.0200% / 4h | 43m 36s | — | $1.0M | — |
Gate FLYBRAIN_USDT
BingX FLYBRAIN-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
- −$355.74
- Price spread: −1.566% → +0.118%
- −$168.42
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$549.16
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 52 min ago; BingX: live order book, 1 min ago. Net counts fees only.
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, 52 min ago | 61.35 bp | 3319.6 bp −$3,320 | 63154.7 bp −$631.5K | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 30.66 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
FLYBRAIN on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC FLYBRAIN_USDT | +0.0400% | 4h | 0.0008170 | −1.566% | $65K | $101K | 20x | as long as short |
| BingX FLYBRAIN-USDTshort | +0.0400% | 4h | 0.0008170 | −1.566% | — | $1.0M | — | |
| Gate FLYBRAIN_USDTlong | +0.2094% | 4h | 0.0008300 | long leg | $186K | $151K | 10x |
MEXC FLYBRAIN_USDT