Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Funding arb · Price arb / RWA

VCX

RWAAll VCX markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
GateVCX_USDT
27.51000.0000% / 8h7h 19m$151K$7K20xLong Gate
SHORT
BingXNCSKVCX2USD-USDT
26.840+0.0040get 0.0040% / 8h7h 19m$291K$1.2M—Short BingX
Price gap−2.435%
Funding gap+0.0040% /8h

Funding pays +$1 a day on $10k, but the gap is 1.039% under its 7d average: −$104 if it goes back, about 3 months of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$4+0.0040% /8h now · paid +0.044% over the last 7D
Price−$104spread −2.435% now, avg −1.396% → −1.039% if it goes back
Costs−$3,76537.650% of $10k · taker + slippage, in and out
Result−$3,865−38.65%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−2.435%
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

/8h

VCX on 3 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size2892.8 / 19.5 bp
    At $10k entering Gate costs 2892.8 bp, fee and slippage, 148.2× BingX’s.
  • Note: Margin at max leverage$500 + —
    Gate 20x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$1.20Long Gate: 3 payments, $0.00; short BingX: 3 payments, +$1.20.
  • Watch: Gap narrower than usual−2.435% vs −1.396%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$151K vs $291K OI
    Gate sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCGate Yes · BingX Yes
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0021%/8h × 21 periods+$4.40
Price spread−2.435% → −1.396% (7d avg)−$103.94
Slippage, 4 orderslive order books−$3,740.02
Fee Gate bp × 2 orders−$15.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$3,864.55
Costs to cover37.650%Break-even6155.2 days
Slippage: Gate: live order book, 51 min ago; BingX: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGate118.832892.8 bp−$2,893doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX11.1819.5 bp−$2063.3 bp−$633176.1 bp−$17.6Kdoesn’t fit

Closing costs about the same again.

Alert