Funding you earn now, next payment 04:00 UTC−0.0500%/8h= −54.8% APRnext payment −$2.50 per $10,000 · paid last 24h —
Price spread now: BingX against Gate+2.091%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 21 hours (all we have)—no history yet
+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. BingX is 2.091% dearer against Gate than usual: you sell high and buy low (spread +2.091% now, against zero (this spread has no 7-day history yet)): +$209 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORBIO_USDT | 0.07891 | 0.0100 | pay 0.0050% / 4h | 2h 57m | $8K | $52K | 10x |
| Short | BingX ORBIO-USDT | 0.08056 | −0.0400 | pay 0.0200% / 4h | 2h 57m | — | $1.1M | — |
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
- −$105
- Price spread: +2.091% → 0.000%
- $209.1
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $79.1
- Costs to cover
- 0.250%
- Break-even
- from the start
Slippage unknown: Gate: no order-book sample; BingX: live order book, 2 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, 2 min ago | 6.29 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.
ORBIO 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORBIO_USDT | −0.0400% | 4h | 0.08053 | +2.054% | $161K | $288K | 20x | as long as short |
| BingX ORBIO-USDTshort | −0.0400% | 4h | 0.08056 | +2.091% | — | $1.1M | — | |
| Gate ORBIO_USDTlong | +0.0100% | 4h | 0.07891 | long leg | $8K | $52K | 10x |
Gate ORBIO_USDT
BingX ORBIO-USDT
MEXC ORBIO_USDT