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: BingX against Gate+0.067%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1601.602% of the position
Funding, last 7 days+0.234%+$23 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.067%, 7d avg −0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.101% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VELODROME_USDT | 0.02985 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $123K | $6K | 20x |
| Short | BingX VELODROME-USDT | 0.02987 | 0.0100 | get 0.0050% / 4h | 2h 27m | — | $1.2M | — |
Gate VELODROME_USDT
BingX VELODROME-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: +0.067% → −0.034%
- $10.14
- Slippage, 4 orders
- −$135.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$150.03
- Costs to cover
- 1.602%
- Break-even
- never at this rate
Slippage from Gate: live order book, 33 min ago; BingX: live order book, 8 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, 33 min ago | 3.35 bp | 56.1 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 5.03 bp | 21.2 bp −$21 | 105.1 bp −$1,051 | 679.2 bp −$67.9K | 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 | 0.02990 | +0.168% | $7.7M | $1.5M | 50x | as long as short |
| Bybit VELODROMEUSDT | +0.0100% | 4h | 0.02984 | −0.034% | $799K | $356K | 20x | as long as short |
| Gate VELODROME_USDTlong | +0.0100% | 4h | 0.02985 | long leg | $123K | $6K | 20x | |
| MEXC VELODROME_USDT | +0.0100% | 4h | 0.02990 | +0.168% | $241K | $92K | 50x | as long as short |
| Bitget VELODROMEUSDT | +0.0100% | 4h | 0.02988 | +0.087% | $531K | $24K | 20x | as long as short |
| BingX VELODROME-USDTshort | +0.0100% | 4h | 0.02987 | +0.067% | — | $1.2M | — | |
| Variational Omni VELODROME | +0.0100% | 4h | 0.02976 | −0.287% | $78K | $3K | — | as long as short |
Binance VELODROMEUSDT
Bybit VELODROMEUSDT
MEXC VELODROME_USDT
Bitget VELODROMEUSDT
Variational Omni VELODROME