Funding you earn now, next payment 04:00 UTC−0.0190%/8h= −20.8% APRnext payment −$0.95 per $10,000 · paid last 24h +0.008%
Price spread now: Gate against BingX−0.072%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$366as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2372.365% of the position
Funding, last 7 days−1.299%−$130 on $10k
+Price spread, last 4 days (all we have)+0.143%+$14 · spread now −0.072%, 7d avg +0.026%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.097% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VTHO-USDT | 0.0006985 | −0.4190 | get 0.2095% / 4h | 2h 32m | — | $1.4M | — |
| Short | Gate VTHO_USDT | 0.0006980 | −0.4380 | pay 0.2190% / 4h | 2h 32m | $384K | $428K | 25x |
BingX VTHO-USDT
Gate VTHO_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
- −$39.9
- Price spread: −0.072% → +0.026%
- −$9.74
- Slippage, 4 orders
- −$211.51
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$286.15
- Costs to cover
- 2.365%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Gate: live order book, 33 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, 4 min ago | 4.29 bp | 17.5 bp −$18 | 72.2 bp −$722 | 480.1 bp −$48.0K | 693.0 bp −$346.5K |
| Sell Gate live order book, 33 min ago | 4.92 bp | 60.9 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
VTHO on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate VTHO_USDTshort | −0.4380% | 4h | 0.0006980 | −0.072% | $384K | $428K | 25x | |
| MEXC VTHO_USDT | −0.4358% | 4h | 0.0006981 | −0.057% | $1.7M | $209K | 20x | as long as short |
| Binance VTHOUSDT | −0.4327% | 4h | 0.0006984 | −0.014% | $5.3M | $14.3M | 50x | as long as short |
| BingX VTHO-USDTlong | −0.4190% | 4h | 0.0006985 | long leg | — | $1.4M | — | |
| Bitget VTHOUSDT | −0.3978% | 4h | 0.0006975 | −0.143% | $1.3M | $1.5M | 50x | as long as short |
MEXC VTHO_USDT
Binance VTHOUSDT
Bitget VTHOUSDT