Funding you earn now, next payment 08:00 UTC+0.1216%/8h= +133.2% APRnext payment +$6.08 per $10,000 · paid last 24h +0.121%
Price spread now: BingX against Gate−0.334%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$790as in the Funding arb table
Net, price: spread back to 7d avg − costs−$864as in the Price arb table
costs, in and out, $10k−$8388.379% of the position
Funding, last 7 days+0.478%+$48 on $10k
+Price spread, last 4 days (all we have)+0.207%+$21 · spread now −0.334%, 7d avg −0.072%
=Funding pays, the price is against you. BingX is 0.262% cheaper against Gate than usual: you would sell low and buy high (spread −0.334% now, against its 7-day average of −0.072%). If the spread goes back, that is −$26 on $10k: about 17 hours of funding at the current rate (+$36 a day). At the pace of the last 7 days (+0.478% in total) that is about 3.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.478% in total (about 24.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LYN_USDT | 0.04193 | 0.0100 | pay 0.0050% / 4h | 2h 44m | $286K | $248K | 25x |
| Short | BingX LYN-USDT | 0.04179 | 0.1316 | get 0.0658% / 4h | 2h 44m | — | $6.7M | — |
Gate LYN_USDT
BingX LYN-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
- $255.36
- Price spread: −0.334% → −0.072%
- −$26.21
- Slippage, 4 orders
- −$812.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$608.74
- Costs to cover
- 8.379%
- Break-even
- 23.7 days
Slippage from Gate: live order book, 63 min ago; BingX: live order book, 3 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, 63 min ago | 28.05 bp | 555.7 bp −$556 | 39807.0 bp −$398.1K | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 8.42 bp | 49.8 bp −$50 | 151.4 bp −$1,514 | doesn't fit | doesn't fit |
LYN on 10 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 LYNUSDT | +0.0100% | 4h | 0.04177 | −0.389% | $25K | $27K | 5x | as long as short |
| Binance LYNUSDT | +0.0100% | 4h | 0.04176 | −0.403% | $6.6M | $9.1M | 10x | as long as short |
| Gate LYN_USDTlong | +0.0100% | 4h | 0.04193 | long leg | $286K | $248K | 25x | |
| MEXC LYN_USDT | +0.0100% | 4h | 0.04177 | −0.382% | $1.2M | $432K | 50x | as long as short |
| KuCoin LYNUSDTM | +0.0100% | 4h | 0.04177 | −0.382% | $1.2M | $163K | 10x | as long as short |
| Extended LYN-USD | +0.0104% | 1h | 0.04182 | −0.265% | $9K | $229K | 5x | as long as short |
| Bitget LYNUSDT | +0.0228% | 4h | 0.04192 | −0.024% | $1.8M | $667K | 10x | as long as short |
| BloFin LYN-USDT | +0.0340% | 4h | 0.04132 | −1.455% | $420K | $14K | 20x | as long as short |
| BingX LYN-USDTshort | +0.1316% | 4h | 0.04179 | −0.334% | — | $6.7M | — | |
| Bybit LYNUSDT | +0.1480% | 4h | 0.04184 | −0.215% | $2.0M | $2.2M | 25x | as long as short |
Aster LYNUSDT
Binance LYNUSDT
MEXC LYN_USDT
KuCoin LYNUSDTM
Extended LYN-USD
Bitget LYNUSDT
BloFin LYN-USDT
Bybit LYNUSDT