Funding you earn now, next payment 04:00 UTC+0.0184%/8h= +20.1% APRpaid last 24h +0.642%
Price spread now: BingX against Gate−0.743%7-day average −0.234% · you buy dearer than you sell
Net, funding: paid 7d − costs−$503as in the Funding arb table
Net, price: spread back to 7d avg − costs−$641as in the Price arb table
costs, in and out, $10k−$5905.896% of the position
Funding, last 7 days+0.864%+$86 on $10k
+Price spread, last 4 days (all we have)+0.521%+$52 · spread now −0.743%, 7d avg −0.234%
=Funding pays, the price is against you. BingX is 0.509% cheaper against Gate than usual: you would sell low and buy high (spread −0.743% now, against its 7-day average of −0.234%). If the spread goes back, that is −$51 on $10k: about 9.2 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.864% in total) that is about 4.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate TRUST_USDT | 0.06327 | 0.0100 | pay 0.0100% / 8h | 7h 44m | $518K | $26K | 10x |
| Short | BingX TRUST-USDT | 0.06280 | 0.0284 | get 0.0142% / 4h | 3h 44m | — | $6.5M | — |
Gate TRUST_USDT
BingX TRUST-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
- $38.64
- Price spread: −0.743% → −0.234%
- −$50.89
- Slippage, 4 orders
- −$564.62
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$601.87
- Costs to cover
- 5.896%
- Break-even
- 116.0 days
Slippage from Gate: live order book, 27 min ago; BingX: live order book, 2 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, 27 min ago | 25.66 bp | 232.0 bp −$232 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 11.14 bp | 76.4 bp −$76 | 253.2 bp −$2,532 | 1177.4 bp −$117.7K | doesn't fit |
TRUST on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit TRUSTUSDT | +0.0100% | 4h | 0.06220 | −1.691% | $519K | $329K | 25x | as long as short |
| OKX TRUST-USDT-SWAP | +0.0100% | 4h | 0.06232 | −1.502% | $117K | $208K | 10x | as long as short |
| Gate TRUST_USDTlong | +0.0100% | 8h | 0.06327 | long leg | $518K | $26K | 10x | |
| KuCoin TRUSTUSDTM | +0.0100% | 4h | 0.06295 | −0.506% | $297K | $724K | 10x | as long as short |
| Bitget TRUSTUSDT | +0.0100% | 4h | 0.06294 | −0.522% | $679K | $66K | 10x | as long as short |
| BingX TRUST-USDTshort | +0.0284% | 4h | 0.06280 | −0.743% | — | $6.5M | — | |
| MEXC TRUST_USDT | +0.0286% | 4h | 0.06306 | −0.332% | $221K | $97K | 50x | as long as short |
| Binance TRUSTUSDT | +0.0287% | 4h | 0.06266 | −0.968% | $1.7M | $1.4M | 10x | as long as short |
| Aster TRUSTUSDT | +0.0384% | 4h | 0.06305 | −0.342% | $10K | $7K | 5x | as long as short |
| Variational Omni TRUST | +0.3391% | 4h | 0.06253 | −1.169% | $57K | $409 | — | as long as short |
Bybit TRUSTUSDT
OKX TRUST-USDT-SWAP
KuCoin TRUSTUSDTM
Bitget TRUSTUSDT
MEXC TRUST_USDT
Binance TRUSTUSDT
Aster TRUSTUSDT
Variational Omni TRUST