Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against BingX−0.120%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$1991.987% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.075%+$8 · spread now −0.120%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.105% cheaper against BingX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ME-USDT | 0.07469 | 0.0100 | pay 0.0050% / 4h | 1h 45m | — | $1.3M | — |
| Short | Gate ME_USDT | 0.07460 | 0.0100 | get 0.0100% / 8h | 5h 45m | $190K | $71K | 50x |
BingX ME-USDT
Gate ME_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
- $0
- Price spread: −0.120% → −0.015%
- −$10.52
- Slippage, 4 orders
- −$173.68
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$209.2
- Costs to cover
- 1.987%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; Gate: live order book, 11 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, 16 min ago | 5.36 bp | 22.1 bp −$22 | 84.1 bp −$841 | 652.1 bp −$65.2K | 894.4 bp −$447.2K |
| Sell Gate live order book, 11 min ago | 6.68 bp | 104.4 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDT | +0.0052% | 4h | 0.07454 | −0.201% | $109K | $8K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07471 | +0.027% | $237K | $99K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07459 | −0.134% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07466 | −0.038% | $2.1M | $3.9M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07463 | −0.080% | $1.5M | $741K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07461 | −0.107% | $492K | $1.1M | 20x | as long as short |
| Gate ME_USDTshort | +0.0100% | 8h | 0.07460 | −0.120% | $190K | $71K | 50x | |
| MEXC ME_USDT | +0.0100% | 4h | 0.07463 | −0.080% | $481K | $131K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07466 | −0.040% | $207K | $28K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07465 | −0.054% | $636K | $414K | 25x | as long as short |
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDTlong | +0.0100% | 4h | 0.07469 | long leg | — | $1.3M | — | |
| Variational Omni ME | +0.0100% | 4h | 0.07458 | −0.151% | $12K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07468 | −0.010% | $26K | — | 15x | as long as short |
Variational Omni ME
Reya MERUSDPERP