Funding you earn now, next payment 08:00 UTC−0.0360%/8h= −39.4% APRnext payment −$1.80 per $10,000 · paid last 24h −0.173%
Price spread now: Gate against BingX−0.208%7-day average −0.227% · you buy dearer than you sell
Net, funding: paid 7d − costs−$293as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2442.442% of the position
Funding, last 7 days−0.488%−$49 on $10k
+Price spread, last 7 days−0.071%−$7 · spread now −0.208%, 7d avg −0.227%
=The price spread sits at its 7-day average of −0.227%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX US-USDT | 0.01634 | 0.0460 | pay 0.0230% / 4h | 3h 34m | — | $1.3M | — |
| Short | Gate US_USDT | 0.01631 | 0.0100 | get 0.0050% / 4h | 3h 34m | $2.0M | $591K | 20x |
BingX US-USDT
Gate US_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
- −$75.6
- Price spread: −0.208% → −0.227%
- $1.9
- Slippage, 4 orders
- −$219.18
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$317.88
- Costs to cover
- 2.442%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Gate: live order book, 3 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 BingX live order book, 9 min ago | 7.33 bp | 48.9 bp −$49 | 229.5 bp −$2,295 | 1096.5 bp −$109.7K | 1433.9 bp −$717.0K |
| Sell Gate live order book, 3 min ago | 17.44 bp | 79.5 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
US on 11 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 USUSDT | +0.0100% | 4h | 0.01634 | −0.024% | $3.2M | $935K | 20x | as long as short |
| Gate US_USDTshort | +0.0100% | 4h | 0.01631 | −0.208% | $2.0M | $591K | 20x | |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01626 | −0.508% | $4.0M | $329K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01636 | +0.105% | $16K | $3K | — | as long as short |
| BloFin US-USDT | +0.0255% | 4h | 0.01636 | +0.061% | $480K | $49K | 10x | as long as short |
| MEXC US_USDT | +0.0276% | 4h | 0.01634 | −0.049% | $5.5M | $114K | 100x | as long as short |
| Binance USUSDT | +0.0276% | 4h | 0.01633 | −0.067% | $9.1M | $3.2M | 10x | as long as short |
| Extended US-USD | +0.0280% | 1h | 0.01633 | −0.097% | $2K | $95K | 5x | as long as short |
| Aster USUSDT | +0.0298% | 4h | 0.01632 | −0.130% | $12K | $54K | 5x | as long as short |
| BingX US-USDTlong | +0.0460% | 4h | 0.01634 | long leg | — | $1.3M | — |
Bybit USUSDT
KuCoin USUSDTM
Variational Omni US
BloFin US-USDT
MEXC US_USDT
Binance USUSDT
Extended US-USD
Aster USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USUSDT | +0.0496% | 4h | 0.01635 | +0.049% | $4.3M | $259K | 10x | as long as short |
Bitget USUSDT