Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4.6500 | 0 | 0.0000% / 8h | 2h 04m | $4.3M | $26.6M | 25x | Long Gate | |
| SHORT | 4.6500 | +0.0205 | get 0.0205% / 8h | 2h 04m | $941K | $819K | — | Short BingX |
Price gap0.000%
Funding gap+0.0205% /8h
Funding pays +$6 a day on $10k, but the gap is 0.054% under its 7d average: −$5 if it goes back, about 21 hours of funding. At the last 7 days' pace that is about 6 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$156+0.0205% /8h now · paid +1.563% over the last 7D
Price−$5spread 0.000% now, avg +0.054% → −0.054% if it goes back
Costs−$930.932% of $10k · taker + slippage, in and out
Result+$58+0.58%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now0.000%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hINTW on 9 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size31.1 / 15.7 bpAt $10k entering Gate costs 31.1 bp, fee and slippage, 2.0× BingX’s.
- Note: Margin at max leverage$400 + —Gate 25x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$6.15Long Gate: 3 payments, $0.00; short BingX: 3 payments, +$6.15.
- Watch: Gap narrower than usual0.000% vs +0.054%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$941K vs $4.3M OIBingX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCGate Yes · BingX YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0744%/8h × 21 periods+$156.27
Price spread0.000% → +0.054% (7d avg)−$5.36
Slippage, 4 orderslive order books−$68.18
Fee Gate bp × 2 orders−$15.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$57.73
Costs to cover0.932%Break-even4.4 days
Slippage: Gate: live order book, 2 min ago; BingX: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGate10.7231.1 bp−$31109.0 bp−$1,090doesn’t fitdoesn’t fit
SELL · SHORTBingX10.7415.7 bp−$1645.5 bp−$455108.7 bp−$10.9K378.0 bp−$189.0K
Closing costs about the same again.

