Funding you earn now, next payment 04:00 UTC+0.1018%/8h= +111.5% APRnext payment +$5.09 per $10,000 · paid last 24h +0.186%
Price spread now: Gate against BingX+0.305%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1611.612% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)−0.446%−$45 · spread now +0.305%, 7d avg −0.043%
=Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Gate is 0.348% dearer against BingX than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of −0.043%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.029% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.09 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 | BingX B2-USDT | 0.4917 | 0.0928 | pay 0.0464% / 4h | 3h 11m | — | $1.4M | — |
| Short | Gate B2_USDT | 0.4932 | 0.1946 | get 0.0973% / 4h | 3h 11m | $858K | $435K | 20x |
BingX B2-USDT
Gate B2_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- $213.78
- Price spread: +0.305% → −0.043%
- $34.84
- Slippage, 4 orders
- −$136.18
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $87.44
- Costs to cover
- 1.612%
- Break-even
- 4.1 days
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 60 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 BingX live order book, 5 min ago | 7.13 bp | 31.4 bp −$31 | 176.5 bp −$1,765 | doesn't fit | doesn't fit |
| Sell Gate live order book, 60 min ago | 12.33 bp | 50.2 bp −$50 | 233.5 bp −$2,335 | doesn't fit | doesn't fit |
B2 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 B2USDT | +0.0100% | 4h | 0.4912 | −0.102% | $1.5M | $2.6M | 20x | as long as short |
| MEXC B2_USDT | +0.0850% | 4h | 0.4919 | +0.041% | $561K | $515K | 100x | as long as short |
| Binance B2USDT | +0.0852% | 4h | 0.4918 | +0.020% | $7.9M | $12.2M | 50x | as long as short |
| Aster B2USDT | +0.0886% | 4h | 0.4920 | +0.061% | $153K | $170K | 5x | as long as short |
| BingX B2-USDTlong | +0.0928% | 4h | 0.4917 | long leg | — | $1.4M | — | |
| Bitget B2USDT | +0.0960% | 4h | 0.4911 | −0.122% | $2.7M | $1.3M | 50x | as long as short |
| KuCoin B2USDTM | +0.1382% | 4h | 0.4922 | +0.102% | $1.0M | $307K | 50x | as long as short |
| Variational Omni B2 | +0.1474% | 4h | 0.4915 | −0.047% | $14K | $2K | — | as long as short |
| Gate B2_USDTshort | +0.1946% | 4h | 0.4932 | +0.305% | $858K | $435K | 20x |
Bybit B2USDT
MEXC B2_USDT
Binance B2USDT
Aster B2USDT
Bitget B2USDT
KuCoin B2USDTM
Variational Omni B2