Funding you earn now, next payment 04:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h +0.082%
Price spread now: BingX against Gate−0.086%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$808as in the Funding arb table
Net, price: spread back to 7d avg − costs−$794as in the Price arb table
costs, in and out, $10k−$7847.842% of the position
Funding, last 7 days−0.234%−$23 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.086%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.101% cheaper against Gate than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IN_USDT | 0.03486 | 0.0128 | pay 0.0064% / 4h | 3h 46m | $224K | $102K | 50x |
| Short | BingX IN-USDT | 0.03483 | 0.0100 | get 0.0050% / 4h | 3h 46m | — | $2.3M | — |
Gate IN_USDT
BingX IN-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
- −$5.88
- Price spread: −0.086% → +0.015%
- −$10.08
- Slippage, 4 orders
- −$759.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$800.2
- Costs to cover
- 7.842%
- Break-even
- never at this rate
Slippage from Gate: live order book, 20 min ago; BingX: live order book, 7 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, 20 min ago | 8.58 bp | 396.0 bp −$396 | 44093.1 bp −$440.9K | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 25.75 bp | 54.6 bp −$55 | 122.9 bp −$1,229 | 1089.5 bp −$109.0K | 1332.6 bp −$666.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster INUSDT | +0.0100% | 4h | 0.03480 | −0.168% | $125K | $21K | 5x | as long as short |
| Binance INUSDT | +0.0100% | 4h | 0.03484 | −0.057% | $1.9M | $1.1M | 25x | as long as short |
| Bybit INUSDT | +0.0100% | 4h | 0.03483 | −0.086% | $741K | $149K | 20x | as long as short |
| MEXC IN_USDT | +0.0100% | 4h | 0.03484 | −0.057% | $270K | $93K | 20x | as long as short |
| KuCoin INUSDTM | +0.0100% | 4h | 0.03481 | −0.143% | $274K | $48K | 30x | as long as short |
| Bitget INUSDT | +0.0100% | 4h | 0.03484 | −0.057% | $820K | $131K | 25x | as long as short |
| BingX IN-USDTshort | +0.0100% | 4h | 0.03483 | −0.086% | — | $2.3M | — | |
| Variational Omni IN | +0.0100% | 4h | 0.03483 | −0.087% | $1K | $7 | — | as long as short |
| Gate IN_USDTlong | +0.0128% | 4h | 0.03486 | long leg | $224K | $102K | 50x |
Aster INUSDT
Binance INUSDT
Bybit INUSDT
MEXC IN_USDT
KuCoin INUSDTM
Bitget INUSDT
Variational Omni IN