Funding you earn now, next payment 04:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.90 per $10,000 · paid last 24h −0.001%
Price spread now: BingX against Gate−1.000%7-day average — · you buy dearer than you sell
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 pays, the price is against you. BingX is 1.000% cheaper against Gate than usual: you would sell low and buy high (spread −1.000% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$100 on $10k: about 19 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STANDARD_USDT | 0.2200 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $11K | $23K | 10x |
| Short | BingX STANDARD-USDT | 0.2178 | 0.0280 | get 0.0140% / 4h | 3h 44m | — | $1.0M | — |
Gate STANDARD_USDT
BingX STANDARD-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
- $37.8
- Price spread: −1.000% → 0.000%
- −$100
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$87.2
- Costs to cover
- 0.250%
- Break-even
- 23.1 days
Slippage unknown: Gate: no order-book sample; BingX: live order book, 20 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 BingX live order book, 20 min ago | 23.86 bp | doesn't fit | doesn't fit | 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.
STANDARD on 3 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 STANDARD_USDTlong | +0.0100% | 4h | 0.2200 | long leg | $11K | $23K | 10x | |
| BingX STANDARD-USDTshort | +0.0280% | 4h | 0.2178 | −1.000% | — | $1.0M | — | |
| MEXC STANDARD_USDT | +0.0400% | 4h | 0.2178 | −1.000% | $69K | $140K | 20x | as long as short |
MEXC STANDARD_USDT