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: Binance against Gate+0.152%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.152% dearer against Gate than usual: you sell high and buy low, +$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate PUNDIX_USDT | 0.1188 | 0.0100 | pay 0.0050% / 4h | 29m 07s | $37K | $6K | 20x |
| Short | Binance PUNDIXUSDT | 0.1190 | 0.0100 | get 0.0050% / 4h | 29m 07s | $1.4M | $1.7M | 50x |
Gate PUNDIX_USDT
Binance PUNDIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: +0.152% → 0.000%
- $15.15
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$9.85
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Binance: live order book, 5 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 Binance live order book, 5 min ago | 2.94 bp | 28.0 bp −$28 | 167.9 bp −$1,679 | 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.
PUNDIX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX PUNDIX-USDT | +0.0070% | 4h | 0.1190 | +0.160% | — | $1.2M | — | as long as short |
| Binance PUNDIXUSDTshort | +0.0100% | 4h | 0.1190 | +0.152% | $1.4M | $1.7M | 50x | |
| Bybit PUNDIXUSDT | +0.0100% | 4h | 0.1191 | +0.261% | $773K | $388K | 20x | as long as short |
| Gate PUNDIX_USDTlong | +0.0100% | 4h | 0.1188 | long leg | $37K | $6K | 20x | |
| MEXC PUNDIX_USDT | +0.0100% | 4h | 0.1190 | +0.143% | $2.4M | $105K | 50x | as long as short |
| Bitget PUNDIXUSDT | +0.0100% | 4h | 0.1189 | +0.059% | $244K | $229K | 20x | as long as short |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1191 | +0.245% | $1K | $60K | — | as long as short |
BingX PUNDIX-USDT
Bybit PUNDIXUSDT
MEXC PUNDIX_USDT
Bitget PUNDIXUSDT
Variational Omni PUNDIX