Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against BingX−0.012%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1011.010% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now −0.012%, 7d avg 0.000%
=The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.071%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GMT-USDT | 0.008647 | 0.0050 | pay 0.0025% / 4h | 30m 46s | — | $1.3M | — |
| Short | Binance GMTUSDT | 0.008646 | 0.0100 | get 0.0050% / 4h | 30m 46s | $3.0M | $5.3M | 50x |
BingX GMT-USDT
Binance GMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $10.5
- Price spread: −0.012% → 0.000%
- −$1.17
- Slippage, 4 orders
- −$80.98
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$91.65
- Costs to cover
- 1.010%
- Break-even
- 68.1 days
Slippage from BingX: live order book, 15 min ago; Binance: live order book, 7 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, 15 min ago | 5.25 bp | 24.0 bp −$24 | 63.6 bp −$636 | 553.5 bp −$55.3K | 838.7 bp −$419.3K |
| Sell Binance live order book, 7 min ago | 2.33 bp | 25.8 bp −$26 | 94.6 bp −$946 | doesn't fit | doesn't fit |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1460% | 1h | 0.008651 | +0.051% | $45K | $14K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0586% | 4h | 0.008650 | +0.035% | $280K | $192K | 50x | as long as short |
| Bybit GMTUSDT | −0.0470% | 8h | 0.008641 | −0.069% | $1.1M | $2.0M | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0396% | 4h | 0.008647 | 0.000% | $399K | $1.2M | 20x | as long as short |
| Variational Omni GMT | −0.0120% | 8h | 0.008629 | −0.208% | $4K | $5K | — | as long as short |
| Aster GMTUSDT | −0.0104% | 4h | 0.008648 | +0.009% | $7K | $22K | 10x | as long as short |
| Bitget GMTUSDT | −0.0022% | 4h | 0.008646 | −0.012% | $683K | $662K | 50x | as long as short |
| BingX GMT-USDTlong | +0.0050% | 4h | 0.008647 | long leg | — | $1.3M | — | |
| Hyperliquid GMT | +0.0100% | 1h | 0.008640 | −0.081% | $115K | $154K | 3x | as long as short |
| Binance GMTUSDTshort | +0.0100% | 4h | 0.008646 | −0.012% | $3.0M | $5.3M | 50x |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Variational Omni GMT
Aster GMTUSDT
Bitget GMTUSDT
Hyperliquid GMTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate GMT_USDT | +0.0100% | 8h | 0.008640 | −0.081% | $152K | $180K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008643 | −0.046% | $441K | $210K | 20x | as long as short |
Gate GMT_USDT
MEXC GMT_USDT