Funding you earn now, next payment 04:00 UTC+0.0550%/8h= +60.2% APRpaid last 24h +0.041%
Price spread now: BingX against Gate+0.232%7-day average +0.197% · you sell dearer than you buy
Net, funding: paid 7d − costs−$568as in the Funding arb table
Net, price: spread back to 7d avg − costs−$599as in the Price arb table
costs, in and out, $10k−$6026.024% of the position
Funding, last 7 days+0.341%+$34 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.232%, 7d avg +0.197%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and BingX is 0.035% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.197%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.341% in total (about 17.8% a year). A funding rate is set anew for every payment. 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 FOLKS_USDT | 2.1550 | 0.0100 | pay 0.0100% / 8h | 4h 04m | $263K | $125K | 50x |
| Short | BingX FOLKS-USDT | 2.1600 | 0.0650 | get 0.0325% / 4h | 4m 00s | — | $6.6M | — |
Gate FOLKS_USDT
BingX FOLKS-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
- $115.5
- Price spread: +0.232% → +0.197%
- $3.46
- Slippage, 4 orders
- −$577.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$483.48
- Costs to cover
- 6.024%
- Break-even
- 36.3 days
Slippage from Gate: live order book, 48 min ago; BingX: live order book, 8 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, 48 min ago | 4.63 bp | 195.8 bp −$196 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 6.93 bp | 46.9 bp −$47 | 210.8 bp −$2,108 | 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 | 2.1638 | +0.408% | $73K | $2K | 3x | as long as short |
| Gate FOLKS_USDTlong | +0.0100% | 8h | 2.1550 | long leg | $263K | $125K | 50x | |
| KuCoin FOLKSUSDTM | +0.0100% | 4h | 2.1510 | −0.186% | $1.2M | $2.8M | 50x | as long as short |
| Variational Omni FOLKS | +0.0100% | 4h | 2.1592 | +0.194% | $14K | $5K | — | as long as short |
| Aster FOLKSUSDT | +0.0103% | 4h | 2.1534 | −0.073% | $44K | $12K | 5x | as long as short |
| MEXC FOLKS_USDT | +0.0212% | 4h | 2.1590 | +0.186% | $983K | $190K | 100x | as long as short |
| Bitget FOLKSUSDT | +0.0212% | 4h | 2.1606 | +0.260% | $1.0M | $169K | 50x | as long as short |
| Binance FOLKSUSDT | +0.0218% | 4h | 2.1600 | +0.231% | $6.4M | $1.6M | 50x | as long as short |
| BloFin FOLKS-USDT | +0.0261% | 4h | 2.1620 | +0.325% | $415K | $30K | 50x | as long as short |
| Bybit FOLKSUSDT | +0.0645% | 4h | 2.1564 | +0.065% | $1.2M | $347K | 20x | as long as short |
Lighter FOLKS
KuCoin FOLKSUSDTM
Variational Omni FOLKS
Aster FOLKSUSDT
MEXC FOLKS_USDT
Bitget FOLKSUSDT
Binance FOLKSUSDT
BloFin FOLKS-USDT
Bybit FOLKSUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX FOLKS-USDTshort | +0.0650% | 4h | 2.1600 | +0.232% | — | $6.6M | — |