Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h +0.030%
Price spread now: BingX against Gate0.000%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1241.238% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now 0.000%, 7d avg +0.005%
=The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FORM_USDT | 0.3682 | 0.0100 | pay 0.0050% / 4h | 37m 05s | $799K | $4.2M | 50x |
| Short | BingX FORM-USDT | 0.3682 | 0.0070 | get 0.0035% / 4h | 37m 05s | — | $3.5M | — |
Gate FORM_USDT
BingX FORM-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
- −$6.3
- Price spread: 0.000% → +0.005%
- −$0.49
- Slippage, 4 orders
- −$98.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$130.58
- Costs to cover
- 1.238%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; BingX: live order book, 13 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, 1 min ago | 5.45 bp | 39.9 bp −$40 | 129.2 bp −$1,292 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 8.16 bp | 21.6 bp −$22 | 59.7 bp −$597 | 327.7 bp −$32.8K | 856.1 bp −$428.1K |
FORM on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) FORM/USD | L −0.0007% / S +0.0008% | 1h | 0.3678 | −0.112% | — | — | — | as long as short |
| BingX FORM-USDTshort | +0.0070% | 4h | 0.3682 | 0.000% | — | $3.5M | — | |
| BloFin FORM-USDT | +0.0083% | 4h | 0.3682 | 0.000% | $1.1M | $369K | 50x | as long as short |
| Aster FORMUSDT | +0.0100% | 4h | 0.3682 | +0.002% | $45K | $699K | 5x | as long as short |
| Binance FORMUSDT | +0.0100% | 4h | 0.3681 | −0.040% | $19.7M | $139.2M | 50x | as long as short |
| Gate FORM_USDTlong | +0.0100% | 4h | 0.3682 | long leg | $799K | $4.2M | 50x | |
| MEXC FORM_USDT | +0.0100% | 4h | 0.3680 | −0.054% | $1.8M | $8.4M | 100x | as long as short |
| KuCoin FORMUSDTM | +0.0100% | 4h | 0.3684 | +0.054% | $366K | $888K | 30x | as long as short |
| Bitget FORMUSDT | +0.0100% | 4h | 0.3680 | −0.054% | $1.2M | $8.1M | 50x | as long as short |
| Bybit FORMUSDT | +0.0473% | 4h | 0.3683 | +0.027% | $2.5M | $11.8M | 20x | as long as short |
gTrade (Gains Network) FORM/USD
BloFin FORM-USDT
Aster FORMUSDT
Binance FORMUSDT
MEXC FORM_USDT
KuCoin FORMUSDTM
Bitget FORMUSDT
Bybit FORMUSDT