Funding you earn now, next payment 04:00 UTC+0.0474%/8h= +51.9% APRnext payment +$2.37 per $10,000 · paid last 24h +0.182%
Price spread now: BingX against Gate−0.031%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$485as in the Funding arb table
Net, price: spread back to 7d avg − costs−$502as in the Price arb table
costs, in and out, $10k−$5125.118% of the position
Funding, last 7 days+0.266%+$27 on $10k
+Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.031%, 7d avg −0.132%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and BingX is 0.101% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.132%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.266% in total (about 13.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.37 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 MAVIA_USDT | 0.03277 | 0.0100 | pay 0.0050% / 4h | 30m 40s | $128K | $65K | 25x |
| Short | BingX MAVIA-USDT | 0.03276 | 0.0574 | get 0.0287% / 4h | 30m 40s | — | $1.2M | — |
Gate MAVIA_USDT
BingX MAVIA-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
- $99.54
- Price spread: −0.031% → −0.132%
- $10.12
- Slippage, 4 orders
- −$486.82
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$402.16
- Costs to cover
- 5.118%
- Break-even
- 35.3 days
Slippage from Gate: live order book, 20 min ago; BingX: live order book, 14 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 | 13.84 bp | 148.5 bp −$149 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 9.25 bp | 54.9 bp −$55 | 273.2 bp −$2,732 | 622.4 bp −$62.2K | 813.3 bp −$406.6K |
MAVIA on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MAVIAUSDT | +0.0100% | 4h | 0.03271 | −0.183% | $1.3M | $318K | 25x | as long as short |
| Gate MAVIA_USDTlong | +0.0100% | 4h | 0.03277 | long leg | $128K | $65K | 25x | |
| KuCoin MAVIAUSDTM | +0.0100% | 4h | 0.03262 | −0.458% | $161K | $40K | 10x | as long as short |
| Variational Omni MAVIA | +0.0100% | 4h | 0.03274 | −0.094% | $3K | $22 | — | as long as short |
| BingX MAVIA-USDTshort | +0.0574% | 4h | 0.03276 | −0.031% | — | $1.2M | — | |
| Binance MAVIAUSDT | +0.0582% | 4h | 0.03276 | −0.028% | $1.6M | $972K | 10x | as long as short |
| MEXC MAVIA_USDT | +0.0586% | 4h | 0.03275 | −0.061% | $216K | $108K | 100x | as long as short |
Bybit MAVIAUSDT
KuCoin MAVIAUSDTM
Variational Omni MAVIA
Binance MAVIAUSDT
MEXC MAVIA_USDT