Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h −0.022%
Price spread now: BingX against Gate−0.026%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1391.394% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.026%, 7d avg +0.008%
=Funding pays, the price is against you. BingX is 0.035% cheaper against Gate than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of +0.008%). If the spread goes back, that is −$3 on $10k: about 2.3 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ID_USDT | 0.03834 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $253K | $243K | 25x |
| Short | BingX ID-USDT | 0.03833 | 0.0150 | get 0.0075% / 4h | 1h 20m | — | $2.3M | — |
Gate ID_USDT
BingX ID-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
- $10.5
- Price spread: −0.026% → +0.008%
- −$3.45
- Slippage, 4 orders
- −$114.38
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$132.33
- Costs to cover
- 1.394%
- Break-even
- 95.2 days
Slippage from Gate: live order book, 36 min ago; BingX: live order book, 3 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, 36 min ago | 3.95 bp | 52.6 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 5.23 bp | 20.7 bp −$21 | 48.5 bp −$485 | 389.9 bp −$39.0K | 467.4 bp −$233.7K |
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ID-USDT | +0.0087% | 4h | 0.03830 | −0.104% | $161K | $13K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03831 | −0.066% | $9K | $147 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03825 | −0.238% | $2.5M | $3.7M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03827 | −0.183% | $1.5M | $1.1M | 25x | as long as short |
| Gate ID_USDTlong | +0.0100% | 4h | 0.03834 | long leg | $253K | $243K | 25x | |
| MEXC ID_USDT | +0.0100% | 4h | 0.03827 | −0.183% | $378K | $197K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03823 | −0.287% | $1.1M | $62K | 30x | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03828 | −0.162% | $12K | $20K | — | as long as short |
| BingX ID-USDTshort | +0.0150% | 4h | 0.03833 | −0.026% | — | $2.3M | — | |
| Bitget IDUSDT | +0.0180% | 4h | 0.03829 | −0.130% | $823K | $639K | 50x | as long as short |
BloFin ID-USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni ID
Bitget IDUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0618% | 1h | 0.03837 | +0.080% | $4K | $3K | 10x | as long as short |
Kraken Futures PF_IDUSD