Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h −0.072%
Price spread now: BingX against Gate+0.033%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1671.666% of the position
Funding, last 7 days+1.113%+$111 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now +0.033%, 7d avg +0.110%
=Funding pays, the price is against you. BingX is 0.077% cheaper against Gate than usual: you would sell low and buy high (spread +0.033% now, against its 7-day average of +0.110%). If the spread goes back, that is −$8 on $10k: about 13 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+1.113% in total) that is about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate IOST_USDT | 0.0009030 | −0.0644 | get 0.0322% / 4h | 2h 40m | $718K | $519K | 25x |
| Short | BingX IOST-USDT | 0.0009033 | −0.0624 | pay 0.0312% / 4h | 2h 40m | — | $2.4M | — |
Gate IOST_USDT
BingX IOST-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
- $4.2
- Price spread: +0.033% → +0.110%
- −$7.73
- Slippage, 4 orders
- −$141.57
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$170.09
- Costs to cover
- 1.666%
- Break-even
- 290.5 days
Slippage from Gate: live order book, 6 min ago; BingX: live order book, 4 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, 6 min ago | 5.50 bp | 67.6 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 2.75 bp | 15.1 bp −$15 | 41.2 bp −$412 | 335.8 bp −$33.6K | 462.9 bp −$231.4K |
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 | −0.2439% | 4h | 0.0009037 | +0.078% | $1.6M | $4.2M | 10x | as long as short |
| Bybit IOSTUSDT | −0.2035% | 8h | 0.0009041 | +0.122% | $1.9M | $2.0M | 25x | as long as short |
| BloFin IOST-USDT | −0.1804% | 4h | 0.0009052 | +0.244% | $299K | $2.0M | 50x | as long as short |
| Binance IOSTUSDT | −0.1761% | 4h | 0.0009033 | +0.035% | $5.9M | $16.3M | 50x | as long as short |
| MEXC IOST_USDT | −0.1760% | 4h | 0.0009034 | +0.044% | $1.9M | $479K | 50x | as long as short |
| Variational Omni IOST | −0.1755% | 8h | 0.0009059 | +0.321% | $10K | $5K | — | as long as short |
| Bitget IOSTUSDT | −0.1532% | 4h | 0.0009032 | +0.022% | $656K | $2.3M | 25x | as long as short |
| Gate IOST_USDTlong | −0.0644% | 4h | 0.0009030 | long leg | $718K | $519K | 25x | |
| BingX IOST-USDTshort | −0.0624% | 4h | 0.0009033 | +0.033% | — | $2.4M | — |
OKX IOST-USDT-SWAP
Bybit IOSTUSDT
BloFin IOST-USDT
Binance IOSTUSDT
MEXC IOST_USDT
Variational Omni IOST
Bitget IOSTUSDT