Funding you earn now, next payment 00:00 UTC−0.0670%/8h= −73.4% APRnext payment −$3.35 per $10,000 · paid last 24h −0.069%
Price spread now: BingX against Gate+0.159%7-day average −0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$990.987% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 7 days−0.249%−$25 · spread now +0.159%, 7d avg −0.097%
=The price spread pays, funding is against you. BingX is 0.257% dearer against Gate than usual: you sell high and buy low (spread +0.159% now, against its 7-day average of −0.097%): +$26 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 31 hours. At the pace of the last 7 days (−0.120% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.120% in total (about -6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.35 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 MUBARAK_USDT | 0.04392 | 0.0984 | pay 0.0492% / 4h | 31m 47s | $6.9M | $5.4M | 50x |
| Short | BingX MUBARAK-USDT | 0.04399 | 0.0314 | get 0.0157% / 4h | 31m 47s | — | $3.1M | — |
Gate MUBARAK_USDT
BingX MUBARAK-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
- −$140.7
- Price spread: +0.159% → −0.097%
- $25.67
- Slippage, 4 orders
- −$73.74
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$213.78
- Costs to cover
- 0.987%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; BingX: live order book, 3 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, 2 min ago | 5.68 bp | 32.7 bp −$33 | 544.7 bp −$5,447 | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.54 bp | 16.5 bp −$16 | 33.4 bp −$334 | 240.3 bp −$24.0K | doesn't fit |
MUBARAK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MUBARAKUSDT | +0.0100% | 4h | 0.04401 | +0.201% | $15.9M | $86.2M | 25x | as long as short |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04397 | +0.109% | $2.6M | $53.2M | 20x | as long as short |
| MEXC MUBARAK_USDT | +0.0100% | 4h | 0.04400 | +0.182% | $869K | $1.5M | 50x | as long as short |
| Bitget MUBARAKUSDT | +0.0100% | 4h | 0.04401 | +0.205% | $2.7M | $7.1M | 25x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04379 | −0.285% | $13K | $51K | — | as long as short |
| Aster MUBARAKUSDT | +0.0209% | 4h | 0.04397 | +0.114% | $21K | $394K | 5x | as long as short |
| Bybit MUBARAKUSDT | +0.0258% | 4h | 0.04399 | +0.171% | $3.4M | $10.6M | 25x | as long as short |
| BingX MUBARAK-USDTshort | +0.0314% | 4h | 0.04399 | +0.159% | — | $3.1M | — | |
| Gate MUBARAK_USDTlong | +0.0984% | 4h | 0.04392 | long leg | $6.9M | $5.4M | 50x | |
| KuCoin MUBARAKUSDTM | +0.1556% | 4h | 0.04403 | +0.250% | $1.6M | $1.0M | 30x | as long as short |
Binance MUBARAKUSDT
OKX MUBARAK-USDT-SWAP
MEXC MUBARAK_USDT
Bitget MUBARAKUSDT
Variational Omni MUBARAK
Aster MUBARAKUSDT
Bybit MUBARAKUSDT
KuCoin MUBARAKUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSD | +0.1921% | 1h | 0.04395 | +0.065% | $65K | $418K | 10x | as long as short |
Kraken Futures PF_MUBARAKUSD