Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against BingX+0.012%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1301.295% of the position
Funding, last 7 days−0.289%−$29 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.012%, 7d avg +0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.023% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GMT-USDT | 0.008349 | 0.0100 | pay 0.0050% / 4h | 3h 29m | — | $1.2M | — |
| Short | Gate GMT_USDT | 0.008350 | 0.0100 | get 0.0100% / 8h | 3h 29m | $151K | $111K | 50x |
BingX GMT-USDT
Gate GMT_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
- $0
- Price spread: +0.012% → +0.035%
- −$2.3
- Slippage, 4 orders
- −$104.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$131.82
- Costs to cover
- 1.295%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Gate: live order book, 14 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, 7 min ago | 5.39 bp | 15.7 bp −$16 | 60.2 bp −$602 | 523.7 bp −$52.4K | 797.0 bp −$398.5K |
| Sell Gate live order book, 14 min ago | 6.03 bp | 45.1 bp −$45 | doesn't fit | 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 | −0.0969% | 1h | 0.008362 | +0.150% | $47K | $7K | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008347 | −0.024% | $123K | $124K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008365 | +0.197% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008344 | −0.058% | $2.6M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008345 | −0.048% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008340 | −0.108% | $344K | $566K | 20x | as long as short |
| Gate GMT_USDTshort | +0.0100% | 8h | 0.008350 | +0.012% | $151K | $111K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008342 | −0.084% | $414K | $178K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0100% | 4h | 0.008340 | −0.108% | $258K | $102K | 50x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008353 | +0.048% | $672K | $421K | 50x | as long as short |
Kraken Futures PF_GMTUSD
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
MEXC GMT_USDT
KuCoin GMTUSDTM
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDTlong | +0.0100% | 4h | 0.008349 | long leg | — | $1.2M | — | |
| Variational Omni GMT | +0.0100% | 8h | 0.008353 | +0.052% | $3K | $5K | — | as long as short |
Variational Omni GMT