Funding you earn now, next payment 04:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.051%
Price spread now: BingX against Gate−0.173%7-day average −0.121% · you buy dearer than you sell
Net, funding: paid 7d − costs−$874as in the Funding arb table
Net, price: spread back to 7d avg − costs−$922as in the Price arb table
costs, in and out, $10k−$9179.170% of the position
Funding, last 7 days+0.433%+$43 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.173%, 7d avg −0.121%
=Funding pays, the price is against you. BingX is 0.052% cheaper against Gate than usual: you would sell low and buy high (spread −0.173% now, against its 7-day average of −0.121%). If the spread goes back, that is −$5 on $10k: about 18 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate WET_USDT | 0.06935 | 0.0100 | pay 0.0100% / 8h | 6h 31m | $1.0M | $61K | 50x |
| Short | BingX WET-USDT | 0.06923 | 0.0336 | get 0.0168% / 4h | 2h 31m | — | $6.5M | — |
Gate WET_USDT
BingX WET-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
- $49.56
- Price spread: −0.173% → −0.121%
- −$5.2
- Slippage, 4 orders
- −$891.99
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$872.63
- Costs to cover
- 9.170%
- Break-even
- 130.3 days
Slippage from Gate: live order book, 1 min ago; BingX: live order book, 10 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, 1 min ago | 11.58 bp | 486.4 bp −$486 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 9.23 bp | 31.7 bp −$32 | 99.9 bp −$999 | 970.5 bp −$97.0K | 1422.0 bp −$711.0K |
WET on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit WETUSDT | +0.0100% | 4h | 0.06955 | +0.288% | $1.5M | $771K | 50x | as long as short |
| OKX WET-USDT-SWAP | +0.0100% | 4h | 0.06975 | +0.577% | $731K | $994K | 20x | as long as short |
| Gate WET_USDTlong | +0.0100% | 8h | 0.06935 | long leg | $1.0M | $61K | 50x | |
| KuCoin WETUSDTM | +0.0100% | 4h | 0.06928 | −0.101% | $705K | $703K | 50x | as long as short |
| Bitget WETUSDT | +0.0100% | 4h | 0.06923 | −0.173% | $581K | $127K | 25x | as long as short |
| MEXC WET_USDT | +0.0316% | 4h | 0.06926 | −0.130% | $187K | $112K | 50x | as long as short |
| Binance WETUSDT | +0.0318% | 4h | 0.06965 | +0.433% | $1.3M | $2.4M | 50x | as long as short |
| BingX WET-USDTshort | +0.0336% | 4h | 0.06923 | −0.173% | — | $6.5M | — | |
| Aster WETUSDT | +0.1177% | 4h | 0.06939 | +0.058% | $14K | $31K | 5x | as long as short |
Bybit WETUSDT
OKX WET-USDT-SWAP
KuCoin WETUSDTM
Bitget WETUSDT
MEXC WET_USDT
Binance WETUSDT
Aster WETUSDT