Funding you earn now, next payment 04:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.76 per $10,000 · paid last 24h −0.059%
Price spread now: BingX against Gate+0.311%7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$380as in the Funding arb table
Net, price: spread back to 7d avg − costs−$359as in the Price arb table
costs, in and out, $10k−$3793.788% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.311%, 7d avg +0.114%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BingX is 0.197% dearer against Gate than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.114%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STO_USDT | 0.04185 | 0.0100 | pay 0.0050% / 4h | 30m 32s | $252K | $116K | 25x |
| Short | BingX STO-USDT | 0.04198 | 0.0252 | get 0.0126% / 4h | 30m 32s | — | $6.5M | — |
Gate STO_USDT
BingX STO-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
- $31.92
- Price spread: +0.311% → +0.114%
- $19.68
- Slippage, 4 orders
- −$353.81
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$327.21
- Costs to cover
- 3.788%
- Break-even
- 78.8 days
Slippage from Gate: live order book, 21 min ago; BingX: live order book, 5 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, 21 min ago | 7.20 bp | 55.0 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 5.99 bp | 34.8 bp −$35 | 94.2 bp −$942 | 965.0 bp −$96.5K | doesn't fit |
STO 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster STOUSDT | +0.0100% | 4h | 0.04192 | +0.167% | $26K | $1K | 5x | as long as short |
| Binance STOUSDT | +0.0100% | 4h | 0.04193 | +0.191% | $3.4M | $1.4M | 20x | as long as short |
| Gate STO_USDTlong | +0.0100% | 4h | 0.04185 | long leg | $252K | $116K | 25x | |
| MEXC STO_USDT | +0.0100% | 4h | 0.04195 | +0.239% | $778K | $102K | 50x | as long as short |
| Bitget STOUSDT | +0.0100% | 4h | 0.04195 | +0.239% | $322K | $27K | 10x | as long as short |
| BingX STO-USDTshort | +0.0252% | 4h | 0.04198 | +0.311% | — | $6.5M | — | |
| Bybit STOUSDT | +0.0356% | 4h | 0.04204 | +0.454% | $718K | $268K | 13x | as long as short |
| Variational Omni STO | +0.0416% | 4h | 0.04198 | +0.317% | $4K | $213 | — | as long as short |
| KuCoin STOUSDTM | +0.0830% | 4h | 0.04195 | +0.239% | $997K | $17K | 25x | as long as short |
Aster STOUSDT
Binance STOUSDT
MEXC STO_USDT
Bitget STOUSDT
Bybit STOUSDT
Variational Omni STO
KuCoin STOUSDTM