Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Gate−0.043%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1000.996% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 7 days+0.076%+$8 · spread now −0.043%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.036% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PI_USDT | 0.09240 | 0.0100 | pay 0.0050% / 4h | 1h 45m | $2.7M | $2.5M | 50x |
| Short | BingX PI-USDT | 0.09236 | 0.0100 | get 0.0050% / 4h | 1h 45m | — | $6.6M | — |
Gate PI_USDT
BingX PI-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
- $0
- Price spread: −0.043% → −0.007%
- −$3.61
- Slippage, 4 orders
- −$74.62
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$103.23
- Costs to cover
- 0.996%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; BingX: live order book, 6 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 | 5.45 bp | 29.6 bp −$30 | 165.2 bp −$1,652 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 3.81 bp | 18.6 bp −$19 | 69.0 bp −$690 | 245.0 bp −$24.5K | 577.6 bp −$288.8K |
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 | −0.0212% | 4h | 0.09220 | −0.216% | $5.0M | $2.1M | 50x | as long as short |
| Injective PI/USDC PERP | +0.0033% | 1h | 0.09090 | −1.623% | $1 | $75K | 5.5x | as long as short |
| OKX PI-USDT-SWAP | +0.0100% | 4h | 0.09232 | −0.087% | $2.7M | $7.2M | 20x | as long as short |
| Gate PI_USDTlong | +0.0100% | 4h | 0.09240 | long leg | $2.7M | $2.5M | 50x | |
| MEXC PI_USDT | +0.0100% | 4h | 0.09232 | −0.087% | $10.0M | $1.4M | 125x | as long as short |
| BingX PI-USDTshort | +0.0100% | 4h | 0.09236 | −0.043% | — | $6.6M | — |
Bitget PIUSDT
Injective PI/USDC PERP
OKX PI-USDT-SWAP
MEXC PI_USDT