Funding you earn now, next payment 04:00 UTC−0.0388%/8h= −42.5% APRnext payment −$1.94 per $10,000 · paid last 24h −0.242%
Price spread now: BingX against Gate+0.450%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$2032.026% of the position
Funding, last 7 days−0.543%−$54 on $10k
+Price spread, last 7 days−0.408%−$41 · spread now +0.450%, 7d avg −0.009%
=The price spread pays, funding is against you. BingX is 0.459% dearer against Gate than usual: you sell high and buy low (spread +0.450% now, against its 7-day average of −0.009%): +$46 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PTB_USDT | 0.001090 | 0.0564 | pay 0.0282% / 4h | 4m 35s | $1.9M | $5.7M | 25x |
| Short | BingX PTB-USDT | 0.001095 | 0.0176 | get 0.0088% / 4h | 4m 35s | — | $2.2M | — |
Gate PTB_USDT
BingX PTB-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
- −$81.48
- Price spread: +0.450% → −0.009%
- $45.89
- Slippage, 4 orders
- −$177.56
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$238.15
- Costs to cover
- 2.026%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 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, 4 min ago | 11.77 bp | 42.9 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 2.71 bp | 31.0 bp −$31 | 93.2 bp −$932 | 800.2 bp −$80.0K | doesn't fit |
PTB on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit PTBUSDT | +0.0100% | 4h | 0.001093 | +0.239% | $1.7M | $21.8M | 25x | as long as short |
| KuCoin PTBUSDTM | +0.0100% | 4h | 0.001089 | −0.110% | $1.7M | $7.2M | 20x | as long as short |
| Variational Omni PTB | +0.0100% | 4h | 0.001095 | +0.455% | $32K | $70K | — | as long as short |
| Binance PTBUSDT | +0.0157% | 4h | 0.001093 | +0.264% | $7.8M | $134.7M | 20x | as long as short |
| MEXC PTB_USDT | +0.0164% | 4h | 0.001092 | +0.211% | $353K | $950K | 20x | as long as short |
| Extended kPTB-USD | +0.0168% | 1h | 0.001092 | +0.214% | $4K | $42K | 5x | as long as short |
| BingX PTB-USDTshort | +0.0176% | 4h | 0.001095 | +0.450% | — | $2.2M | — | |
| BloFin PTB-USDT | +0.0197% | 4h | 0.001094 | +0.339% | $464K | $640K | 20x | as long as short |
| Aster PTBUSDT | +0.0540% | 4h | 0.001092 | +0.147% | $82K | $891K | 5x | as long as short |
| Gate PTB_USDTlong | +0.0564% | 4h | 0.001090 | long leg | $1.9M | $5.7M | 25x |
Bybit PTBUSDT
KuCoin PTBUSDTM
Variational Omni PTB
Binance PTBUSDT
MEXC PTB_USDT
Extended kPTB-USD
BloFin PTB-USDT
Aster PTBUSDT