Funding you earn now, next payment 04:00 UTC−0.0274%/8h= −30.0% APRnext payment −$1.37 per $10,000 · paid last 24h +0.060%
Price spread now: BingX against Gate+0.725%7-day average +0.170% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.428%+$43 on $10k
+Price spread, last 4 days (all we have)+0.271%+$27 · spread now +0.725%, 7d avg +0.170%
=The price spread pays, funding is against you. BingX is 0.555% dearer against Gate than usual: you sell high and buy low (spread +0.725% now, against its 7-day average of +0.170%): +$56 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 6.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.428%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FONE_USDT | 0.005240 | 0.0100 | pay 0.0050% / 4h | 1h 22m | $153K | $103K | 10x |
| Short | BingX FONE-USDT | 0.005278 | −0.0174 | pay 0.0087% / 4h | 1h 22m | — | $511K | — |
Gate FONE_USDT
BingX FONE-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
- −$57.54
- Price spread: +0.725% → +0.170%
- $55.52
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$27.02
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 34 min ago; BingX: live order book, 22 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, 34 min ago | 67.73 bp | 2177.0 bp −$2,177 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 22 min ago | 23.23 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
FONE on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX FONE-USDTshort | −0.0174% | 4h | 0.005278 | +0.725% | — | $511K | — | |
| Aster FONEUSDT | +0.0100% | 1h | 0.005232 | −0.156% | $32K | $5K | 5x | as long as short |
| Gate FONE_USDTlong | +0.0100% | 4h | 0.005240 | long leg | $153K | $103K | 10x | |
| MEXC FONE_USDT | +0.0400% | 4h | 0.005284 | +0.840% | $221K | $122K | 20x | as long as short |
Aster FONEUSDT
MEXC FONE_USDT