Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: BingX against Gate+0.093%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1271.265% of the position
Funding, last 7 days+0.271%+$27 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.093%, 7d avg −0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.127% dearer against Gate than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GMT_USDT | 0.008560 | 0.0100 | pay 0.0100% / 8h | 7h 21m | $149K | $112K | 50x |
| Short | BingX GMT-USDT | 0.008568 | 0.0100 | get 0.0050% / 4h | 3h 21m | — | $1.2M | — |
Gate GMT_USDT
BingX GMT-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
- $0
- Price spread: +0.093% → −0.033%
- $12.66
- Slippage, 4 orders
- −$101.54
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$113.87
- Costs to cover
- 1.265%
- Break-even
- never at this rate
Slippage from Gate: live order book, 44 min ago; BingX: live order book, 6 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, 44 min ago | 11.95 bp | 34.7 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 7.05 bp | 21.7 bp −$22 | 53.3 bp −$533 | 497.8 bp −$49.8K | 936.1 bp −$468.0K |
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 | −0.1349% | 1h | 0.008573 | +0.148% | $45K | $12K | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008567 | +0.082% | $128K | $120K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008572 | +0.140% | $8K | $15K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008568 | +0.093% | $2.8M | $3.3M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008568 | +0.093% | $1.1M | $1.2M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008558 | −0.023% | $357K | $627K | 20x | as long as short |
| Gate GMT_USDTlong | +0.0100% | 8h | 0.008560 | long leg | $149K | $112K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008570 | +0.117% | $422K | $188K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0100% | 4h | 0.008560 | 0.000% | $251K | $101K | 50x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008573 | +0.152% | $695K | $418K | 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-USDTshort | +0.0100% | 4h | 0.008568 | +0.093% | — | $1.2M | — | |
| Variational Omni GMT | +0.0100% | 8h | 0.008558 | −0.022% | $4K | $5K | — | as long as short |
Variational Omni GMT