XNY

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1168%/8h= +127.9% APRnext payment +$5.84 per $10,000 · paid last 24h +0.126%

Price spread now: BingX against Gate+0.127%7-day average −0.200% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.268%+$27 on $10k

Price spread, last 4 days (all we have)+0.278%+$28 · spread now +0.127%, 7d avg −0.200%

Together, before fees+0.546%+$55 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and BingX is 0.327% dearer against Gate than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.200%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.268% in total (about 14.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XNY_USDT	0.006283	0.0100	pay 0.0050% / 4h	52m 27s	$208K	$12K	10x
Short	BingX XNY-USDT	0.006291	0.1268	get 0.0634% / 4h	52m 27s	—	$1.3M	—

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BingXbpOrdersPrice spread, now +0.127%Rate

Funding earned: $245.28
Price spread: +0.127% → −0.200%: $32.75
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: $253.03
Costs to cover: 0.250%
Break-even: from the start

Slippage unknown: Gate: live order book, 64 min ago; BingX: live order book, 6 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 Gate live order book, 64 min ago	10.43 bp	7555.3 bp −$7,555	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	7.18 bp	49.3 bp −$49	145.6 bp −$1,456	doesn't fit	doesn't fit

XNY 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 XNYUSDT	+0.0100%	4h	0.006281	−0.032%	$440K	$29K	5x	as long as short
Gate XNY_USDTlong	+0.0100%	4h	0.006283	long leg	$208K	$12K	10x
KuCoin XNYUSDTM	+0.0100%	4h	0.006273	−0.159%	$286K	$12K	10x	as long as short
Variational Omni XNY	+0.0100%	4h	0.006266	−0.271%	$52K	$1K	—	as long as short
Aster XNYUSDT	+0.1173%	4h	0.006278	−0.076%	$5K	$3K	5x	as long as short
BingX XNY-USDTshort	+0.1268%	4h	0.006291	+0.127%	—	$1.3M	—
Binance XNYUSDT	+0.1306%	4h	0.006289	+0.103%	$3.7M	$930K	10x	as long as short
MEXC XNY_USDT	+0.1316%	4h	0.006289	+0.095%	$170K	$92K	100x	as long as short
BloFin XNY-USDT	+0.1350%	4h	0.006289	+0.095%	$224K	$6K	10x	as long as short