Funding you earn now, next payment 04:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.69 per $10,000 · paid last 24h −0.083%
Price spread now: Gate against BingX−0.055%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$674as in the Funding arb table
Net, price: spread back to 7d avg − costs−$701as in the Price arb table
costs, in and out, $10k−$6976.970% of the position
Funding, last 7 days+0.234%+$23 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.055%, 7d avg −0.015%
=Funding pays, the price is against you. Gate is 0.039% cheaper against BingX than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of −0.015%). If the spread goes back, that is −$4 on $10k: about 23 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IN-USDT | 0.03666 | 0.0526 | pay 0.0263% / 4h | 1h 20m | — | $2.3M | — |
| Short | Gate IN_USDT | 0.03664 | 0.0664 | get 0.0332% / 4h | 1h 20m | $241K | $151K | 50x |
BingX IN-USDT
Gate IN_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
- $28.98
- Price spread: −0.055% → −0.015%
- −$3.95
- Slippage, 4 orders
- −$672.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$671.99
- Costs to cover
- 6.970%
- Break-even
- 169.3 days
Slippage from BingX: live order book, 3 min ago; Gate: live order book, 36 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, 3 min ago | 25.97 bp | 52.8 bp −$53 | 169.4 bp −$1,694 | doesn't fit | doesn't fit |
| Sell Gate live order book, 36 min ago | 8.34 bp | 360.8 bp −$361 | doesn't fit | doesn't fit | doesn't fit |
IN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit INUSDT | +0.0100% | 4h | 0.03658 | −0.218% | $793K | $238K | 20x | as long as short |
| KuCoin INUSDTM | +0.0100% | 4h | 0.03663 | −0.082% | $302K | $77K | 30x | as long as short |
| Bitget INUSDT | +0.0100% | 4h | 0.03669 | +0.082% | $867K | $214K | 25x | as long as short |
| Variational Omni IN | +0.0100% | 4h | 0.03643 | −0.618% | $1K | $6 | — | as long as short |
| Aster INUSDT | +0.0400% | 4h | 0.03648 | −0.487% | $132K | $15K | 5x | as long as short |
| BingX IN-USDTlong | +0.0526% | 4h | 0.03666 | long leg | — | $2.3M | — | |
| MEXC IN_USDT | +0.0560% | 4h | 0.03661 | −0.136% | $287K | $97K | 20x | as long as short |
| Binance INUSDT | +0.0562% | 4h | 0.03666 | 0.000% | $2.0M | $1.5M | 25x | as long as short |
| Gate IN_USDTshort | +0.0664% | 4h | 0.03664 | −0.055% | $241K | $151K | 50x |
Bybit INUSDT
KuCoin INUSDTM
Bitget INUSDT
Variational Omni IN
Aster INUSDT
MEXC IN_USDT
Binance INUSDT