Funding you earn now, next payment 04:00 UTC−0.0184%/8h= −20.1% APRnext payment −$0.92 per $10,000 · paid last 24h −0.017%
Price spread now: Gate against BingX−0.477%7-day average −0.287% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,846as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,860as in the Price arb table
costs, in and out, $10k−$2,84028.405% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.971%+$97 · spread now −0.477%, 7d avg −0.287%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.190% cheaper against BingX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.287%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.92 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IDOL-USDT | 0.01195 | 0.0284 | pay 0.0142% / 4h | 1h 18m | — | $2.3M | — |
| Short | Gate IDOL_USDT | 0.01189 | 0.0100 | get 0.0050% / 4h | 1h 18m | $561K | $24K | 10x |
BingX IDOL-USDT
Gate IDOL_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
- −$38.64
- Price spread: −0.477% → −0.287%
- −$19.04
- Slippage, 4 orders
- −$2,815.47
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,898.15
- Costs to cover
- 28.405%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 43 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, 5 min ago | 29.30 bp | 75.2 bp −$75 | 186.7 bp −$1,867 | doesn't fit | doesn't fit |
| Sell Gate live order book, 43 min ago | 15.13 bp | 1468.1 bp −$1,468 | doesn't fit | doesn't fit | doesn't fit |
IDOL on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IDOLUSDT | +0.0100% | 4h | 0.01191 | −0.362% | $137K | $3K | 5x | as long as short |
| Gate IDOL_USDTshort | +0.0100% | 4h | 0.01189 | −0.477% | $561K | $24K | 10x | |
| KuCoin IDOLUSDTM | +0.0100% | 4h | 0.01196 | +0.084% | $712K | $21K | 25x | as long as short |
| Bitget IDOLUSDT | +0.0100% | 4h | 0.01193 | −0.167% | $2.5M | $95K | 10x | as long as short |
| Variational Omni IDOL | +0.0100% | 4h | 0.01195 | −0.019% | $3K | $1 | — | as long as short |
| BingX IDOL-USDTlong | +0.0284% | 4h | 0.01195 | long leg | — | $2.3M | — | |
| MEXC IDOL_USDT | +0.0294% | 4h | 0.01194 | −0.084% | $87K | $86K | 50x | as long as short |
| Binance IDOLUSDT | +0.0307% | 4h | 0.01195 | +0.019% | $6.0M | $1.3M | 25x | as long as short |
Aster IDOLUSDT
KuCoin IDOLUSDTM
Bitget IDOLUSDT
Variational Omni IDOL
MEXC IDOL_USDT
Binance IDOLUSDT