Funding you earn now, next payment 12:00 UTC−0.0300%/8h= −32.8% APRnext payment −$1.50 per $10,000 · paid last 24h +0.524%
Price spread now: Gate against BingX+1.060%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.239%+$224 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 1.060% dearer against BingX than usual: you sell high and buy low (spread +1.060% now, against zero (this spread has no 7-day history yet)): +$106 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 12 days. Mind the row above: over the last 7 days funding on this pair paid +2.239%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MICRODUCK-USDT | 0.004621 | 0.0400 | pay 0.0200% / 4h | 3h 40m | — | $117K | — |
| Short | Gate MICRODUCK_USDT | 0.004670 | 0.0100 | get 0.0050% / 4h | 3h 40m | $53K | $20K | 10x |
BingX MICRODUCK-USDT
Gate MICRODUCK_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
- −$63
- Price spread: +1.060% → 0.000%
- $106.04
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $18.04
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 39 min ago; Gate: no order-book sample. Net counts fees only.
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, 39 min ago | 28.32 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MICRODUCK on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MICRODUCK_USDTshort | +0.0100% | 4h | 0.004670 | +1.060% | $53K | $20K | 10x | |
| MEXC MICRODUCK_USDT | +0.0400% | 4h | 0.004616 | −0.108% | $18K | $85K | 20x | as long as short |
| BingX MICRODUCK-USDTlong | +0.0400% | 4h | 0.004621 | long leg | — | $117K | — |
MEXC MICRODUCK_USDT