Funding you earn now, next payment 08:00 UTC−0.0136%/8h= −14.9% APRnext payment −$0.68 per $10,000 · paid last 24h +0.044%
Price spread now: Gate against BingX−0.145%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$299as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1871.872% of the position
Funding, last 7 days−1.117%−$112 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.145%, 7d avg −0.108%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.037% cheaper against BingX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.108%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX IOST-USDT | 0.0008963 | −0.0736 | get 0.0368% / 4h | 3h 33m | — | $2.4M | — |
| Short | Gate IOST_USDT | 0.0008950 | −0.0872 | pay 0.0436% / 4h | 3h 33m | $717K | $517K | 25x |
BingX IOST-USDT
Gate IOST_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
- −$28.56
- Price spread: −0.145% → −0.108%
- −$3.71
- Slippage, 4 orders
- −$162.17
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$219.44
- Costs to cover
- 1.872%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; Gate: live order book, 18 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, 1 min ago | 1.68 bp | 15.6 bp −$16 | 41.0 bp −$410 | 361.7 bp −$36.2K | 470.0 bp −$235.0K |
| Sell Gate live order book, 18 min ago | 11.17 bp | 82.3 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
IOST 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX IOST-USDT-SWAP | −0.2875% | 4h | 0.0008960 | −0.033% | $1.5M | $4.1M | 10x | as long as short |
| Bybit IOSTUSDT | −0.2550% | 8h | 0.0008970 | +0.078% | $1.9M | $2.0M | 25x | as long as short |
| MEXC IOST_USDT | −0.2086% | 4h | 0.0008946 | −0.190% | $1.9M | $455K | 50x | as long as short |
| Binance IOSTUSDT | −0.2081% | 4h | 0.0008960 | −0.033% | $5.9M | $16.1M | 50x | as long as short |
| BloFin IOST-USDT | −0.2038% | 4h | 0.0008947 | −0.179% | $299K | $2.0M | 50x | as long as short |
| Variational Omni IOST | −0.2002% | 8h | 0.0008956 | −0.079% | $10K | $5K | — | as long as short |
| Bitget IOSTUSDT | −0.1880% | 4h | 0.0008957 | −0.067% | $660K | $2.3M | 25x | as long as short |
| Gate IOST_USDTshort | −0.0872% | 4h | 0.0008950 | −0.145% | $717K | $517K | 25x | |
| BingX IOST-USDTlong | −0.0736% | 4h | 0.0008963 | long leg | — | $2.4M | — |
OKX IOST-USDT-SWAP
Bybit IOSTUSDT
MEXC IOST_USDT
Binance IOSTUSDT
BloFin IOST-USDT
Variational Omni IOST
Bitget IOSTUSDT