Funding you earn now, next payment 04:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.78 per $10,000 · paid last 24h −0.681%
Price spread now: BingX against Gate−2.653%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.243%−$224 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BingX is 2.653% cheaper against Gate than usual: you would sell low and buy high (spread −2.653% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$265 on $10k: about 57 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −2.243%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MICRODUCK_USDT | 0.005240 | 0.0244 | pay 0.0122% / 4h | 2h 09m | $58K | $25K | 10x |
| Short | BingX MICRODUCK-USDT | 0.005101 | 0.0400 | get 0.0200% / 4h | 2h 09m | — | $121K | — |
Gate MICRODUCK_USDT
BingX MICRODUCK-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
- $32.76
- Price spread: −2.653% → 0.000%
- −$265.27
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$257.51
- Costs to cover
- 0.250%
- Break-even
- 62.0 days
Slippage unknown: Gate: no order-book sample; BingX: live order book, 25 min ago. 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 Gate no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 25 min ago | 220.70 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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_USDTlong | +0.0244% | 4h | 0.005240 | long leg | $58K | $25K | 10x | |
| MEXC MICRODUCK_USDT | +0.0400% | 4h | 0.005162 | −1.489% | $18K | $92K | 20x | as long as short |
| BingX MICRODUCK-USDTshort | +0.0400% | 4h | 0.005101 | −2.653% | — | $121K | — |
MEXC MICRODUCK_USDT