Funding you earn now, next payment 12:00 UTC+0.0930%/8h= +101.8% APRnext payment +$4.65 per $10,000 · paid last 24h +0.030%
Price spread now: BingX against Gate+0.071%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+0.052%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and BingX is 0.071% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.052% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.65 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 OG_USDT | 2.8060 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $98K | $30K | 25x |
| Short | BingX OG-USDT | 2.8080 | 0.1030 | get 0.0515% / 4h | 3h 40m | — | $6.5M | — |
Gate OG_USDT
BingX OG-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
- $195.3
- Price spread: +0.071% → 0.000%
- $7.13
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $177.43
- Costs to cover
- 0.250%
- Break-even
- 0.6 days
Slippage unknown: Gate: no order-book sample; BingX: live order book, 11 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, 11 min ago | 10.66 bp | 42.3 bp −$42 | 101.3 bp −$1,013 | 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.
OG on 8 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 OGUSDT | +0.0100% | 4h | 2.8050 | −0.036% | $1.9M | $1.1M | 25x | as long as short |
| Gate OG_USDTlong | +0.0100% | 4h | 2.8060 | long leg | $98K | $30K | 25x | |
| MEXC OG_USDT | +0.0100% | 4h | 2.8040 | −0.071% | $731K | $221K | 50x | as long as short |
| KuCoin OGUSDTM | +0.0100% | 4h | 2.8089 | +0.103% | $165K | $60K | 25x | as long as short |
| Bitget OGUSDT | +0.0100% | 4h | 2.8093 | +0.118% | $242K | $156K | 20x | as long as short |
| Variational Omni OG | +0.0100% | 8h | 2.8140 | +0.286% | $1K | $461 | — | as long as short |
| BingX OG-USDTshort | +0.1030% | 4h | 2.8080 | +0.071% | — | $6.5M | — | |
| Bybit OGUSDT | +0.1301% | 8h | 2.8120 | +0.214% | $528K | $154K | 13x | as long as short |
Binance OGUSDT
MEXC OG_USDT
KuCoin OGUSDTM
Bitget OGUSDT
Variational Omni OG
Bybit OGUSDT