Funding you earn now, next payment 00:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.30 per $10,000 · paid last 24h −0.017%
Price spread now: Gate against BingX−0.049%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.176%−$18 on $10k
+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 −$2 a day on $10k at the current rate, and Gate is 0.049% cheaper against BingX than usual: you would sell low and buy high (−$5 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 TOWNS-USDT | 0.002047 | 0.0160 | pay 0.0080% / 4h | 59m 00s | — | $2.3M | — |
| Short | Gate TOWNS_USDT | 0.002046 | 0.0100 | get 0.0050% / 4h | 59m 00s | $70K | $19K | 10x |
BingX TOWNS-USDT
Gate TOWNS_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
- −$12.6
- Price spread: −0.049% → 0.000%
- −$4.89
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$42.49
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 14 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, 14 min ago | 12.23 bp | 44.1 bp −$44 | 197.6 bp −$1,976 | 1305.1 bp −$130.5K | 1448.1 bp −$724.0K |
| 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.
TOWNS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | −0.0648% | 1h | 0.002031 | −0.782% | $76K | $4K | 25x | as long as short |
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002044 | −0.135% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002046 | −0.049% | $2.0M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002045 | −0.098% | $369K | $114K | 5x | as long as short |
| Gate TOWNS_USDTshort | +0.0100% | 4h | 0.002046 | −0.049% | $70K | $19K | 10x | |
| MEXC TOWNS_USDT | +0.0100% | 4h | 0.002047 | 0.000% | $392K | $124K | 100x | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002046 | −0.038% | $457 | $285 | — | as long as short |
| BloFin TOWNS-USDT | +0.0123% | 4h | 0.002049 | +0.098% | $131K | $4K | 10x | as long as short |
| Bitget TOWNSUSDT | +0.0158% | 4h | 0.002049 | +0.098% | $337K | $48K | 5x | as long as short |
| BingX TOWNS-USDTlong | +0.0160% | 4h | 0.002047 | long leg | — | $2.3M | — |
Coinbase International TOWNS-PERP-INTX
Aster TOWNSUSDT
Binance TOWNSUSDT
Bybit TOWNSUSDT
MEXC TOWNS_USDT
Variational Omni TOWNS
BloFin TOWNS-USDT
Bitget TOWNSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TOWNSUSDTM | +0.0476% | 4h | 0.002050 | +0.147% | $260K | $23K | 10x | as long as short |
| Deribit TOWNS_USDC-PERPETUAL | +0.3664% | 1h | 0.002052 | +0.244% | — | — | 25x | as long as short |
KuCoin TOWNSUSDTM
Deribit TOWNS_USDC-PERPETUAL