Funding you earn now, next payment 04:00 UTC−0.1058%/8h= −115.9% APRnext payment −$5.29 per $10,000 · paid last 24h +0.005%
Price spread now: Gate against BingX+0.157%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.157% dearer against BingX than usual: you sell high and buy low (spread +0.157% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 12 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.29 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 THE-USDT | 0.08287 | 0.1158 | pay 0.0579% / 4h | 1h 20m | — | $6.5M | — |
| Short | Gate THE_USDT | 0.08300 | 0.0100 | get 0.0050% / 4h | 1h 20m | $67K | $77K | 10x |
BingX THE-USDT
Gate THE_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
- −$222.18
- Price spread: +0.157% → 0.000%
- $15.69
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$231.49
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 5 min ago; Gate: no order-book sample. 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 | 9.06 bp | 44.8 bp −$45 | 223.3 bp −$2,233 | 1123.3 bp −$112.3K | 1328.8 bp −$664.4K |
| Sell Gate no order-book sample | — | — | — | — | — |
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.
THE 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate THE_USDTshort | +0.0100% | 4h | 0.08300 | +0.157% | $67K | $77K | 10x | |
| Bitget THEUSDT | +0.0100% | 4h | 0.08266 | −0.253% | $435K | $365K | 10x | as long as short |
| KuCoin THEUSDTM | +0.0180% | 4h | 0.08270 | −0.205% | $120K | $105K | 10x | as long as short |
| Aster THEUSDT | +0.0565% | 4h | 0.08284 | −0.038% | $4K | $11K | 5x | as long as short |
| MEXC THE_USDT | +0.0588% | 4h | 0.08274 | −0.157% | $194K | $142K | 50x | as long as short |
| Binance THEUSDT | +0.0590% | 4h | 0.08282 | −0.057% | $2.2M | $4.6M | 10x | as long as short |
| BloFin THE-USDT | +0.0596% | 4h | 0.08309 | +0.265% | $144K | $5K | 50x | as long as short |
| BingX THE-USDTlong | +0.1158% | 4h | 0.08287 | long leg | — | $6.5M | — | |
| Bybit THEUSDT | +0.1222% | 4h | 0.08261 | −0.314% | $559K | $432K | 20x | as long as short |
Bitget THEUSDT
KuCoin THEUSDTM
Aster THEUSDT
MEXC THE_USDT
Binance THEUSDT
BloFin THE-USDT
Bybit THEUSDT