Funding you earn now, next payment 04:00 UTC−0.0070%/8h= −7.7% APRpaid last 24h −0.041%
Price spread now: Gate against BingX−0.233%7-day average −0.194% · you buy dearer than you sell
Net, funding: paid 7d − costs−$440as in the Funding arb table
Net, price: spread back to 7d avg − costs−$409as in the Price arb table
costs, in and out, $10k−$4064.055% of the position
Funding, last 7 days−0.341%−$34 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.233%, 7d avg −0.194%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.039% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.194%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FOLKS-USDT | 2.1420 | 0.0170 | pay 0.0085% / 4h | 3h 17m | — | $6.5M | — |
| Short | Gate FOLKS_USDT | 2.1370 | 0.0100 | get 0.0100% / 8h | 7h 17m | $246K | $106K | 50x |
BingX FOLKS-USDT
Gate FOLKS_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
- −$14.7
- Price spread: −0.233% → −0.194%
- −$3.95
- Slippage, 4 orders
- −$380.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$424.16
- Costs to cover
- 4.055%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Gate: live order book, 49 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, 4 min ago | 7.00 bp | 25.3 bp −$25 | 153.3 bp −$1,533 | doesn't fit | doesn't fit |
| Sell Gate live order book, 49 min ago | 4.70 bp | 77.9 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
FOLKS 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter FOLKS | +0.0096% | 1h | 2.1471 | +0.238% | $73K | $2K | 3x | as long as short |
| Aster FOLKSUSDT | +0.0100% | 4h | 2.1401 | −0.088% | $44K | $12K | 5x | as long as short |
| Bybit FOLKSUSDT | +0.0100% | 4h | 2.1393 | −0.126% | $1.2M | $268K | 20x | as long as short |
| Gate FOLKS_USDTshort | +0.0100% | 8h | 2.1370 | −0.233% | $246K | $106K | 50x | |
| KuCoin FOLKSUSDTM | +0.0100% | 4h | 2.1310 | −0.514% | $1.2M | $1.8M | 50x | as long as short |
| Bitget FOLKSUSDT | +0.0100% | 4h | 2.1414 | −0.028% | $1.0M | $163K | 50x | as long as short |
| Variational Omni FOLKS | +0.0100% | 4h | 2.1387 | −0.154% | $14K | $5K | — | as long as short |
| MEXC FOLKS_USDT | +0.0160% | 4h | 2.1450 | +0.140% | $937K | $178K | 100x | as long as short |
| Binance FOLKSUSDT | +0.0163% | 4h | 2.1458 | +0.176% | $6.3M | $1.5M | 50x | as long as short |
| BingX FOLKS-USDTlong | +0.0170% | 4h | 2.1420 | long leg | — | $6.5M | — |
Lighter FOLKS
Aster FOLKSUSDT
Bybit FOLKSUSDT
KuCoin FOLKSUSDTM
Bitget FOLKSUSDT
Variational Omni FOLKS
MEXC FOLKS_USDT
Binance FOLKSUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin FOLKS-USDT | +0.0207% | 4h | 2.1460 | +0.187% | $414K | $28K | 50x | as long as short |
BloFin FOLKS-USDT