Funding you earn now, next payment 08:00 UTC+0.0182%/8h= +19.9% APRnext payment +$0.91 per $10,000 · paid last 24h +0.038%
Price spread now: BingX against Gate0.000%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$503as in the Funding arb table
Net, price: spread back to 7d avg − costs−$505as in the Price arb table
costs, in and out, $10k−$5015.007% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now 0.000%, 7d avg +0.040%
=Funding pays, the price is against you. BingX is 0.040% cheaper against Gate than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.040%). If the spread goes back, that is −$4 on $10k: about 18 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LUMIA_USDT | 0.08404 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $304K | $38K | 20x |
| Short | BingX LUMIA-USDT | 0.08404 | 0.0282 | get 0.0141% / 4h | 2h 21m | — | $1.3M | — |
Gate LUMIA_USDT
BingX LUMIA-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
- $38.22
- Price spread: 0.000% → +0.040%
- −$3.99
- Slippage, 4 orders
- −$475.71
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$466.47
- Costs to cover
- 5.007%
- Break-even
- 92.4 days
Slippage from Gate: live order book, 23 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, 23 min ago | 7.08 bp | 237.7 bp −$238 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 6.53 bp | 32.6 bp −$33 | 283.6 bp −$2,836 | 664.1 bp −$66.4K | doesn't fit |
LUMIA 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 LUMIAUSDT | +0.0100% | 4h | 0.08401 | −0.035% | $985K | $2K | 5x | as long as short |
| Binance LUMIAUSDT | +0.0100% | 4h | 0.08408 | +0.053% | $4.8M | $2.0M | 10x | as long as short |
| Gate LUMIA_USDTlong | +0.0100% | 4h | 0.08404 | long leg | $304K | $38K | 20x | |
| MEXC LUMIA_USDT | +0.0100% | 4h | 0.08406 | +0.024% | $188K | $125K | 100x | as long as short |
| Variational Omni LUMIA | +0.0158% | 4h | 0.08416 | +0.144% | $6K | $5K | — | as long as short |
| Bitget LUMIAUSDT | +0.0238% | 4h | 0.08424 | +0.238% | $2.7M | $341K | 10x | as long as short |
| BingX LUMIA-USDTshort | +0.0282% | 4h | 0.08404 | 0.000% | — | $1.3M | — | |
| Bybit LUMIAUSDT | +0.0316% | 4h | 0.08423 | +0.226% | $723K | $306K | 25x | as long as short |
Aster LUMIAUSDT
Binance LUMIAUSDT
MEXC LUMIA_USDT
Variational Omni LUMIA
Bitget LUMIAUSDT
Bybit LUMIAUSDT