Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Gate−0.053%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2082.079% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.053%, 7d avg +0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.069% cheaper against Gate than usual: you would sell low and buy high, −$7 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 | Gate ME_USDT | 0.07510 | 0.0100 | pay 0.0100% / 8h | 5h 19m | $192K | $71K | 50x |
| Short | BingX ME-USDT | 0.07506 | 0.0100 | get 0.0050% / 4h | 1h 19m | — | $1.3M | — |
Funding 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
- $0
- Price spread: −0.053% → +0.015%
- −$6.86
- Slippage, 4 orders
- −$182.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$214.76
- Costs to cover
- 2.079%
- Break-even
- never at this rate
Slippage from Gate: live order book, 36 min ago; BingX: live order book, 2 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, 36 min ago | 6.68 bp | 52.1 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 4.66 bp | 29.9 bp −$30 | 90.5 bp −$905 | 631.8 bp −$63.2K | 842.7 bp −$421.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ME | +0.0100% | 1h | 0.07509 | −0.013% | $238K | $99K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07502 | −0.112% | $13K | $20K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07511 | +0.008% | $2.1M | $3.9M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07511 | +0.013% | $1.5M | $755K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07513 | +0.040% | $496K | $1.1M | 20x | as long as short |
| Gate ME_USDTlong | +0.0100% | 8h | 0.07510 | long leg | $192K | $71K | 50x | |
| MEXC ME_USDT | +0.0100% | 4h | 0.07507 | −0.040% | $498K | $134K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07508 | −0.027% | $208K | $28K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07509 | −0.013% | $651K | $418K | 25x | as long as short |
| BingX ME-USDTshort | +0.0100% | 4h | 0.07506 | −0.053% | — | $1.3M | — |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ME | +0.0100% | 4h | 0.07506 | −0.052% | $12K | $2K | — | as long as short |
| BloFin ME-USDT | +0.0143% | 4h | 0.07500 | −0.133% | $109K | $8K | 50x | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07508 | −0.033% | $26K | — | 15x | as long as short |
Gate ME_USDT
BingX ME-USDT
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
Variational Omni ME
BloFin ME-USDT