Funding you earn now, next payment 04:00 UTC−0.0176%/8h= −19.3% APRpaid last 24h −0.051%
Price spread now: Gate against BingX+0.312%7-day average +0.123% · you sell dearer than you buy
Net, funding: paid 7d − costs−$933as in the Funding arb table
Net, price: spread back to 7d avg − costs−$871as in the Price arb table
costs, in and out, $10k−$8908.896% of the position
Funding, last 7 days−0.433%−$43 on $10k
+Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.312%, 7d avg +0.123%
=The price spread pays, funding is against you. Gate is 0.189% dearer against BingX than usual: you sell high and buy low (spread +0.312% now, against its 7-day average of +0.123%): +$19 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX WET-USDT | 0.06731 | 0.0276 | pay 0.0138% / 4h | 2h 55m | — | $6.5M | — |
| Short | Gate WET_USDT | 0.06752 | 0.0100 | get 0.0100% / 8h | 6h 55m | $1.0M | $37K | 50x |
BingX WET-USDT
Gate WET_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
- −$36.96
- Price spread: +0.312% → +0.123%
- $18.92
- Slippage, 4 orders
- −$864.61
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$907.65
- Costs to cover
- 8.896%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Gate: live order book, 2 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, 10 min ago | 7.26 bp | 35.6 bp −$36 | 123.5 bp −$1,235 | 982.6 bp −$98.3K | doesn't fit |
| Sell Gate live order book, 2 min ago | 10.99 bp | 474.0 bp −$474 | doesn't fit | doesn't fit | doesn't fit |
WET 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin WET-USDT | +0.0093% | 4h | 0.06798 | +0.995% | $75K | $7K | 50x | as long as short |
| Bybit WETUSDT | +0.0100% | 4h | 0.06732 | +0.015% | $1.5M | $457K | 50x | as long as short |
| OKX WET-USDT-SWAP | +0.0100% | 4h | 0.06705 | −0.386% | $689K | $439K | 20x | as long as short |
| Gate WET_USDTshort | +0.0100% | 8h | 0.06752 | +0.312% | $1.0M | $37K | 50x | |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.06746 | +0.223% | $702K | $692K | 50x | as long as short |
| Bitget WETUSDT | +0.0100% | 4h | 0.06730 | −0.015% | $573K | $88K | 25x | as long as short |
| MEXC WET_USDT | +0.0270% | 4h | 0.06734 | +0.045% | $177K | $90K | 50x | as long as short |
| Binance WETUSDT | +0.0271% | 4h | 0.06729 | −0.030% | $1.2M | $1.6M | 50x | as long as short |
| BingX WET-USDTlong | +0.0276% | 4h | 0.06731 | long leg | — | $6.5M | — | |
| Aster WETUSDT | +0.1149% | 4h | 0.06779 | +0.720% | $14K | $30K | 5x | as long as short |
BloFin WET-USDT
Bybit WETUSDT
OKX WET-USDT-SWAP
KuCoin WETUSDTM
Bitget WETUSDT
MEXC WET_USDT
Binance WETUSDT
Aster WETUSDT