Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX+0.022%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$920.921% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 7 days−0.056%−$6 · spread now +0.022%, 7d avg +0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PI-USDT | 0.09088 | 0.0100 | pay 0.0050% / 4h | 1h 39m | — | $6.6M | — |
| Short | Gate PI_USDT | 0.09090 | 0.0100 | get 0.0050% / 4h | 1h 39m | $2.7M | $2.1M | 50x |
BingX PI-USDT
Gate PI_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
- $0
- Price spread: +0.022% → +0.005%
- $1.73
- Slippage, 4 orders
- −$67.1
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$90.38
- Costs to cover
- 0.921%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Gate: live order book, 4 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 BingX live order book, 13 min ago | 4.45 bp | 14.7 bp −$15 | 52.3 bp −$523 | 242.8 bp −$24.3K | 565.1 bp −$282.6K |
| Sell Gate live order book, 4 min ago | 5.49 bp | 23.2 bp −$23 | 124.8 bp −$1,248 | doesn't fit | doesn't fit |
PI on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget PIUSDT | −0.0808% | 4h | 0.09060 | −0.308% | $4.9M | $1.6M | 50x | as long as short |
| Injective PI/USDC PERP | +0.0055% | 1h | 0.09090 | +0.022% | $1 | $75K | 5.5x | as long as short |
| OKX PI-USDT-SWAP | +0.0100% | 4h | 0.09087 | −0.011% | $2.7M | $5.9M | 20x | as long as short |
| Gate PI_USDTshort | +0.0100% | 4h | 0.09090 | +0.022% | $2.7M | $2.1M | 50x | |
| MEXC PI_USDT | +0.0100% | 4h | 0.09090 | +0.022% | $9.3M | $1.2M | 125x | as long as short |
| BingX PI-USDTlong | +0.0100% | 4h | 0.09088 | long leg | — | $6.6M | — |
Bitget PIUSDT
Injective PI/USDC PERP
OKX PI-USDT-SWAP
MEXC PI_USDT