Funding you earn now, next payment 00:00 UTC−0.0300%/8h= −32.8% APRnext payment −$1.50 per $10,000 · paid last 24h −0.017%
Price spread now: Gate against BingX−0.349%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
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.349% cheaper against BingX than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TOLLY-USDT | 0.004010 | 0.0400 | pay 0.0200% / 4h | 1h 49m | — | $192K | — |
| Short | Gate TOLLY_USDT | 0.003996 | 0.0100 | get 0.0050% / 4h | 1h 49m | $75K | $74K | 10x |
BingX TOLLY-USDT
Gate TOLLY_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
- −$63
- Price spread: −0.349% → 0.000%
- −$34.91
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$122.91
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 68 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, 68 min ago | 77.72 bp | 1330.0 bp −$1,330 | doesn't fit | doesn't fit | doesn't fit |
| 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.
TOLLY 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 TOLLY_USDTshort | +0.0100% | 4h | 0.003996 | −0.349% | $75K | $74K | 10x | |
| MEXC TOLLY_USDT | +0.0400% | 4h | 0.004000 | −0.249% | $31K | $87K | 20x | as long as short |
| BingX TOLLY-USDTlong | +0.0400% | 4h | 0.004010 | long leg | — | $192K | — |
MEXC TOLLY_USDT