Funding you earn now, next payment 08:00 UTC+0.2990%/8h= +327.4% APRnext payment +$14.95 per $10,000 · paid last 24h −0.088%
Price spread now: BingX against Gate+0.549%7-day average +0.584% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)−1.195%−$120 · spread now +0.549%, 7d avg +0.584%
=Funding pays, the price is against you. BingX is 0.035% cheaper against Gate than usual: you would sell low and buy high (spread +0.549% now, against its 7-day average of +0.584%). If the spread goes back, that is −$3 on $10k: about under an hour of funding at the current rate (+$90 a day). At the pace of the last 6 days (+0.077% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.077% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$14.95 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 ARGUS_USDT | 0.01638 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $152K | $204K | 10x |
| Short | BingX ARGUS-USDT | 0.01647 | 0.3090 | get 0.1545% / 4h | 3h 53m | — | $1.0M | — |
Gate ARGUS_USDT
BingX ARGUS-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
- $627.9
- Price spread: +0.549% → +0.584%
- −$3.48
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $599.42
- Costs to cover
- 0.250%
- Break-even
- 0.3 days
Slippage unknown: Gate: live order book, 57 min ago; BingX: live order book, 1 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, 57 min ago | 38.19 bp | 6119.4 bp −$6,119 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 21.24 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ARGUS on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX ARGUSUSDC | +0.0022% | 4h | 0.01646 | +0.489% | $5K | $160K | 3x | as long as short |
| Aster ARGUSUSDT | +0.0100% | 1h | 0.01642 | +0.244% | $40K | $53K | 5x | as long as short |
| Gate ARGUS_USDTlong | +0.0100% | 4h | 0.01638 | long leg | $152K | $204K | 10x | |
| MEXC ARGUS_USDT | +0.1698% | 4h | 0.01649 | +0.672% | $26K | $87K | 20x | as long as short |
| BingX ARGUS-USDTshort | +0.3090% | 4h | 0.01647 | +0.549% | — | $1.0M | — |
edgeX ARGUSUSDC
Aster ARGUSUSDT
MEXC ARGUS_USDT