Funding you earn now, next payment 12:00 UTC−0.0800%/8h= −87.6% APRnext payment −$4.00 per $10,000 · paid last 24h −0.208%
Price spread now: Gate against BingX−0.202%7-day average −0.144% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.470%−$47 on $10k
+Price spread, last 7 days+0.099%+$10 · spread now −0.202%, 7d avg −0.144%
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Gate is 0.058% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.144%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.470% in total (about -24.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX Q-USDT | 0.02574 | 0.0900 | pay 0.0450% / 4h | 3h 40m | — | $1.3M | — |
| Short | Gate Q_USDT | 0.02569 | 0.0100 | get 0.0050% / 4h | 3h 40m | $1.2M | $296K | 10x |
BingX Q-USDT
Gate Q_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
- −$168
- Price spread: −0.202% → −0.144%
- −$5.81
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$198.81
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 5 min ago; Gate: 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 BingX live order book, 5 min ago | 27.59 bp | 60.0 bp −$60 | 256.9 bp −$2,569 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 11.29 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Q on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDTshort | +0.0100% | 4h | 0.02569 | −0.202% | $1.2M | $296K | 10x | |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02567 | −0.291% | $683K | $18K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02570 | −0.148% | $2.3M | $133K | 20x | as long as short |
| Variational Omni Q | +0.0177% | 4h | 0.02570 | −0.172% | $619 | $2K | — | as long as short |
| Bybit QUSDT | +0.0413% | 4h | 0.02570 | −0.144% | $1.6M | $398K | 13x | as long as short |
| Aster QUSDT | +0.0608% | 4h | 0.02571 | −0.128% | $59K | $45K | 5x | as long as short |
| Extended Q-USD | +0.0648% | 1h | 0.02570 | −0.150% | $11K | $176K | 5x | as long as short |
| MEXC Q_USDT | +0.0650% | 4h | 0.02571 | −0.117% | $122K | $86K | 50x | as long as short |
| Binance QUSDT | +0.0651% | 4h | 0.02571 | −0.120% | $7.1M | $1.4M | 20x | as long as short |
| BloFin Q-USDT | +0.0698% | 4h | 0.02572 | −0.070% | $388K | $71K | 40x | as long as short |
KuCoin QUSDTM
Bitget QUSDT
Variational Omni Q
Bybit QUSDT
Aster QUSDT
Extended Q-USD
MEXC Q_USDT
Binance QUSDT
BloFin Q-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX Q-USDTlong | +0.0900% | 4h | 0.02574 | long leg | — | $1.3M | — |