Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX−0.067%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$242as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2192.187% of the position
Funding, last 7 days−0.234%−$23 on $10k
+Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.067%, 7d avg +0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.102% cheaper against BingX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VELODROME-USDT | 0.02988 | 0.0100 | pay 0.0050% / 4h | 3h 15m | — | $1.2M | — |
| Short | Gate VELODROME_USDT | 0.02986 | 0.0100 | get 0.0050% / 4h | 3h 15m | $123K | $6K | 20x |
BingX VELODROME-USDT
Gate VELODROME_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
- $0
- Price spread: −0.067% → +0.035%
- −$10.22
- Slippage, 4 orders
- −$193.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$228.94
- Costs to cover
- 2.187%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; Gate: live order book, 50 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, 12 min ago | 8.32 bp | 24.3 bp −$24 | 146.3 bp −$1,463 | 582.0 bp −$58.2K | 797.6 bp −$398.8K |
| Sell Gate live order book, 50 min ago | 3.33 bp | 53.1 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
VELODROME on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance VELODROMEUSDT | +0.0100% | 4h | 0.02995 | +0.222% | $7.7M | $1.6M | 50x | as long as short |
| Bybit VELODROMEUSDT | +0.0100% | 4h | 0.02990 | +0.060% | $831K | $363K | 20x | as long as short |
| Gate VELODROME_USDTshort | +0.0100% | 4h | 0.02986 | −0.067% | $123K | $6K | 20x | |
| MEXC VELODROME_USDT | +0.0100% | 4h | 0.02992 | +0.134% | $241K | $93K | 50x | as long as short |
| Bitget VELODROMEUSDT | +0.0100% | 4h | 0.02991 | +0.084% | $532K | $24K | 20x | as long as short |
| BingX VELODROME-USDTlong | +0.0100% | 4h | 0.02988 | long leg | — | $1.2M | — | |
| Variational Omni VELODROME | +0.0100% | 4h | 0.02986 | −0.082% | $78K | $3K | — | as long as short |
Binance VELODROMEUSDT
Bybit VELODROMEUSDT
MEXC VELODROME_USDT
Bitget VELODROMEUSDT
Variational Omni VELODROME