Funding you earn now, next payment 00:00 UTC+0.0352%/8h= +38.5% APRnext payment +$1.76 per $10,000 · paid last 24h +0.123%
Price spread now: BingX against Gate+0.128%7-day average +0.231% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2422.425% of the position
Funding, last 7 days+0.440%+$44 on $10k
+Price spread, last 7 days+0.149%+$15 · spread now +0.128%, 7d avg +0.231%
=Funding pays, the price is against you. BingX is 0.102% cheaper against Gate than usual: you would sell low and buy high (spread +0.128% now, against its 7-day average of +0.231%). If the spread goes back, that is −$10 on $10k: about 23 hours of funding at the current rate (+$11 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate US_USDT | 0.01635 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $2.1M | $548K | 20x |
| Short | BingX US-USDT | 0.01637 | 0.0452 | get 0.0226% / 4h | 1h 39m | — | $1.3M | — |
Gate US_USDT
BingX US-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
- $73.92
- Price spread: +0.128% → +0.231%
- −$10.23
- Slippage, 4 orders
- −$217.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$178.8
- Costs to cover
- 2.425%
- Break-even
- 23.9 days
Slippage from Gate: live order book, 3 min ago; BingX: live order book, 7 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, 3 min ago | 4.59 bp | 68.8 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 4.89 bp | 42.1 bp −$42 | 136.2 bp −$1,362 | 980.2 bp −$98.0K | 1231.5 bp −$615.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.0094% | 4h | 0.01632 | −0.165% | $4.2M | $277K | 20x | as long as short |
| Aster USUSDT | +0.0100% | 4h | 0.01635 | +0.045% | $12K | $55K | 5x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01637 | +0.141% | $3.2M | $853K | 20x | as long as short |
| Gate US_USDTlong | +0.0100% | 4h | 0.01635 | long leg | $2.1M | $548K | 20x | |
| Variational Omni US | +0.0100% | 4h | 0.01637 | +0.135% | $16K | $3K | — | as long as short |
| Binance USUSDT | +0.0132% | 4h | 0.01636 | +0.086% | $9.1M | $3.1M | 10x | as long as short |
| MEXC US_USDT | +0.0134% | 4h | 0.01636 | +0.080% | $5.5M | $115K | 100x | as long as short |
| Extended US-USD | +0.0136% | 1h | 0.01636 | +0.064% | $4K | $141K | 5x | as long as short |
| BloFin US-USDT | +0.0174% | 4h | 0.01636 | +0.110% | $478K | $49K | 10x | as long as short |
| BingX US-USDTshort | +0.0452% | 4h | 0.01637 | +0.128% | — | $1.3M | — |
KuCoin USUSDTM
Aster USUSDT
Bybit USUSDT
Variational Omni US
Binance USUSDT
MEXC US_USDT
Extended US-USD
BloFin US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USUSDT | +0.0474% | 4h | 0.01637 | +0.122% | $4.3M | $248K | 10x | as long as short |
Bitget USUSDT