Funding you earn now, next payment 04:00 UTC+0.0312%/8h= +34.2% APRnext payment +$1.56 per $10,000 · paid last 24h +0.011%
Price spread now: Gate against BingX−0.456%7-day average −0.351% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,421as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,444as in the Price arb table
costs, in and out, $10k−$1,43414.339% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.456%, 7d avg −0.351%
=Funding pays, the price is against you. Gate is 0.105% cheaper against BingX than usual: you would sell low and buy high (spread −0.456% now, against its 7-day average of −0.351%). If the spread goes back, that is −$11 on $10k: about 27 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.126% in total) that is about 5.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.126% in total (about 6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.56 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 SIREN-USDT | 0.02411 | 0.1694 | pay 0.0847% / 4h | 53m 07s | — | $2.3M | — |
| Short | Gate SIREN_USDT | 0.02400 | 0.2006 | get 0.1003% / 4h | 53m 07s | $569K | $195K | 10x |
BingX SIREN-USDT
Gate SIREN_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
- $65.52
- Price spread: −0.456% → −0.351%
- −$10.54
- Slippage, 4 orders
- −$1,408.91
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,378.93
- Costs to cover
- 14.339%
- Break-even
- 154.3 days
Slippage from BingX: live order book, 10 min ago; Gate: 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 BingX live order book, 10 min ago | 6.24 bp | 27.6 bp −$28 | 112.6 bp −$1,126 | 840.5 bp −$84.0K | 1209.4 bp −$604.7K |
| Sell Gate live order book, 3 min ago | 8.31 bp | 100.4 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
SIREN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SIREN-USDT | +0.0100% | 4h | 0.02411 | 0.000% | $1K | $1.0M | 20x | as long as short |
| Bitget SIRENUSDT | +0.1028% | 4h | 0.02419 | +0.332% | $2.8M | $1.3M | 10x | as long as short |
| MEXC SIREN_USDT | +0.1638% | 4h | 0.02407 | −0.166% | $690K | $127K | 100x | as long as short |
| Binance SIRENUSDT | +0.1640% | 4h | 0.02408 | −0.141% | $8.3M | $3.3M | 10x | as long as short |
| KuCoin SIRENUSDTM | +0.1664% | 4h | 0.02412 | +0.041% | $985K | $402K | 10x | as long as short |
| Aster SIRENUSDT | +0.1689% | 4h | 0.02406 | −0.218% | $212K | $80K | 5x | as long as short |
| BingX SIREN-USDTlong | +0.1694% | 4h | 0.02411 | long leg | — | $2.3M | — | |
| Gate SIREN_USDTshort | +0.2006% | 4h | 0.02400 | −0.456% | $569K | $195K | 10x | |
| Bybit SIRENUSDT | +0.6552% | 4h | 0.02420 | +0.373% | $1.9M | $2.4M | 5x | as long as short |
SunX SIREN-USDT
Bitget SIRENUSDT
MEXC SIREN_USDT
Binance SIRENUSDT
KuCoin SIRENUSDTM
Aster SIRENUSDT
Bybit SIRENUSDT