Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h −0.125%
Price spread now: Gate against BingX−0.797%7-day average +0.198% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.268%−$27 on $10k
+Price spread, last 4 days (all we have)+0.879%+$88 · spread now −0.797%, 7d avg +0.198%
=Funding pays, the price is against you. Gate is 0.995% cheaper against BingX than usual: you would sell low and buy high (spread −0.797% now, against its 7-day average of +0.198%). If the spread goes back, that is −$99 on $10k: about 6 months of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.268%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XNY-USDT | 0.006272 | 0.1200 | pay 0.0600% / 4h | 2h 32m | — | $1.2M | — |
| Short | Gate XNY_USDT | 0.006222 | 0.1220 | get 0.0610% / 4h | 2h 32m | $206K | $12K | 10x |
BingX XNY-USDT
Gate XNY_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
- $4.2
- Price spread: −0.797% → +0.198%
- −$99.49
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$120.29
- Costs to cover
- 0.250%
- Break-even
- 207.5 days
Slippage unknown: BingX: live order book, 3 min ago; Gate: live order book, 29 min ago. Net counts fees only.
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, 3 min ago | 5.61 bp | 39.8 bp −$40 | 333.7 bp −$3,337 | doesn't fit | doesn't fit |
| Sell Gate live order book, 29 min ago | 12.04 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
XNY on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XNYUSDTM | +0.0100% | 4h | 0.006227 | −0.717% | $284K | $12K | 10x | as long as short |
| Variational Omni XNY | +0.0100% | 4h | 0.006216 | −0.892% | $52K | $1K | — | as long as short |
| Bybit XNYUSDT | +0.0709% | 4h | 0.006267 | −0.080% | $439K | $30K | 5x | as long as short |
| Aster XNYUSDT | +0.1149% | 4h | 0.006235 | −0.589% | $5K | $3K | 5x | as long as short |
| BingX XNY-USDTlong | +0.1200% | 4h | 0.006272 | long leg | — | $1.2M | — | |
| Gate XNY_USDTshort | +0.1220% | 4h | 0.006222 | −0.797% | $206K | $12K | 10x | |
| MEXC XNY_USDT | +0.1294% | 4h | 0.006275 | +0.048% | $169K | $94K | 100x | as long as short |
| Binance XNYUSDT | +0.1333% | 4h | 0.006276 | +0.064% | $3.7M | $913K | 10x | as long as short |
KuCoin XNYUSDTM
Variational Omni XNY
Bybit XNYUSDT
Aster XNYUSDT
MEXC XNY_USDT
Binance XNYUSDT