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−0.088%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1651.647% of the position
Funding, last 7 days+0.253%+$25 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.088%, 7d avg −0.078%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX WAL-USDT | 0.03425 | 0.0100 | pay 0.0050% / 4h | 3h 44m | — | $6.6M | — |
| Short | Gate WAL_USDT | 0.03422 | 0.0100 | get 0.0050% / 4h | 3h 44m | $291K | $422K | 50x |
BingX WAL-USDT
Gate WAL_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: −0.088% → −0.078%
- −$0.95
- Slippage, 4 orders
- −$139.66
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$165.61
- Costs to cover
- 1.647%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Gate: live order book, 26 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, 2 min ago | 5.84 bp | 27.4 bp −$27 | 86.8 bp −$868 | 615.9 bp −$61.6K | doesn't fit |
| Sell Gate live order book, 26 min ago | 5.85 bp | 59.2 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
WAL on 10 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 WALUSDT | +0.0100% | 4h | 0.03425 | +0.011% | $2.2M | $6.3M | 75x | as long as short |
| Bybit WALUSDT | +0.0100% | 4h | 0.03425 | 0.000% | $1.3M | $1.5M | 25x | as long as short |
| OKX WAL-USDT-SWAP | +0.0100% | 4h | 0.03421 | −0.117% | $220K | $854K | 10x | as long as short |
| Gate WAL_USDTshort | +0.0100% | 4h | 0.03422 | −0.088% | $291K | $422K | 50x | |
| MEXC WAL_USDT | +0.0100% | 4h | 0.03424 | −0.029% | $562K | $269K | 20x | as long as short |
| KuCoin WALUSDTM | +0.0100% | 4h | 0.03425 | 0.000% | $341K | $71K | 30x | as long as short |
| Bitget WALUSDT | +0.0100% | 4h | 0.03427 | +0.058% | $586K | $869K | 20x | as long as short |
| BingX WAL-USDTlong | +0.0100% | 4h | 0.03425 | long leg | — | $6.6M | — | |
| Variational Omni WAL | +0.0100% | 4h | 0.03423 | −0.059% | $20K | $7K | — | as long as short |
| Bluefin WAL-PERP | +0.0198% | 1h | 0.03427 | +0.058% | $32K | $760K | 20x | as long as short |
Binance WALUSDT
Bybit WALUSDT
OKX WAL-USDT-SWAP
MEXC WAL_USDT
KuCoin WALUSDTM
Bitget WALUSDT
Variational Omni WAL
Bluefin WAL-PERP