Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Gate−0.029%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$306as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3183.182% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 4 days (all we have)+0.075%+$7 · spread now −0.029%, 7d avg −0.019%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate USUAL_USDT | 0.01382 | 0.0100 | pay 0.0100% / 8h | 6h 10m | $934K | $180K | 50x |
| Short | BingX USUAL-USDT | 0.01382 | 0.0100 | get 0.0050% / 4h | 2h 10m | — | $1.2M | — |
Gate USUAL_USDT
BingX USUAL-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
- $0
- Price spread: −0.029% → −0.019%
- −$1.01
- Slippage, 4 orders
- −$293.15
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$319.16
- Costs to cover
- 3.182%
- Break-even
- never at this rate
Slippage from Gate: live order book, 57 min ago; BingX: live order book, 1 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, 57 min ago | 3.63 bp | 169.1 bp −$169 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 3.98 bp | 21.3 bp −$21 | 102.6 bp −$1,026 | 551.6 bp −$55.2K | 834.9 bp −$417.5K |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.4129% | 1h | 0.01365 | −1.230% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0646% | 1h | 0.01380 | −0.123% | $112K | $18K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01380 | −0.145% | $395K | $181K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01380 | −0.170% | $2.2M | $3.3M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01382 | +0.029% | $1.0M | $747K | 25x | as long as short |
| Gate USUAL_USDTlong | +0.0100% | 8h | 0.01382 | long leg | $934K | $180K | 50x | |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01381 | −0.051% | $6.0M | $242K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01382 | 0.000% | $272K | $56K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01383 | +0.072% | $829K | $372K | 50x | as long as short |
| BingX USUAL-USDTshort | +0.0100% | 4h | 0.01382 | −0.029% | — | $1.2M | — |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01381 | −0.097% | $10K | $208 | — | as long as short |
Variational Omni USUAL