Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h +0.016%
Price spread now: BingX against Gate−0.045%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$354as in the Funding arb table
Net, price: spread back to 7d avg − costs−$364as in the Price arb table
costs, in and out, $10k−$3563.561% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.045%, 7d avg +0.039%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.084% cheaper against Gate than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ACT_USDT | 0.01111 | 0.0418 | pay 0.0209% / 4h | 2h 24m | $143K | $77K | 25x |
| Short | BingX ACT-USDT | 0.01111 | 0.0364 | get 0.0182% / 4h | 2h 24m | — | $1.3M | — |
Gate ACT_USDT
BingX ACT-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
- −$11.34
- Price spread: −0.045% → +0.039%
- −$8.43
- Slippage, 4 orders
- −$331.06
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$375.83
- Costs to cover
- 3.561%
- Break-even
- never at this rate
Slippage from Gate: live order book, 36 min ago; BingX: live order book, 1 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, 36 min ago | 4.53 bp | 116.9 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 4.05 bp | 27.7 bp −$28 | 157.5 bp −$1,575 | 656.6 bp −$65.7K | 969.8 bp −$484.9K |
ACT on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01109 | −0.165% | $2.1M | $2.3M | 10x | as long as short |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01109 | −0.180% | $6.5M | $111K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01110 | −0.090% | $268K | $87K | 10x | as long as short |
| Bybit ACTUSDT | +0.0140% | 4h | 0.01111 | +0.036% | $598K | $413K | 25x | as long as short |
| BingX ACT-USDTshort | +0.0364% | 4h | 0.01111 | −0.045% | — | $1.3M | — | |
| OKX ACT-USDT-SWAP | +0.0369% | 4h | 0.01111 | −0.018% | $802K | $1.5M | 10x | as long as short |
| Gate ACT_USDTlong | +0.0418% | 4h | 0.01111 | long leg | $143K | $77K | 25x |
Binance ACTUSDT
MEXC ACT_USDT
Bitget ACTUSDT
Bybit ACTUSDT
OKX ACT-USDT-SWAP