Funding you earn now, next payment 04:00 UTC−0.0150%/8h= −16.4% APRnext payment −$0.75 per $10,000 · paid last 24h +0.186%
Price spread now: BingX against Gate−0.199%7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$529as in the Funding arb table
Net, price: spread back to 7d avg − costs−$499as in the Price arb table
costs, in and out, $10k−$4934.926% of the position
Funding, last 7 days−0.359%−$36 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now −0.199%, 7d avg −0.131%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BingX is 0.068% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.131%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BULLA_USDT | 0.1078 | 0.2098 | pay 0.1049% / 4h | 2h 47m | $1.3M | $303K | 10x |
| Short | BingX BULLA-USDT | 0.1076 | 0.1948 | get 0.0974% / 4h | 2h 47m | — | $6.6M | — |
Gate BULLA_USDT
BingX BULLA-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
- −$31.5
- Price spread: −0.199% → −0.131%
- −$6.81
- Slippage, 4 orders
- −$467.64
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$530.94
- Costs to cover
- 4.926%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; BingX: live order book, 4 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, 5 min ago | 1.81 bp | 280.3 bp −$280 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 1.36 bp | 32.5 bp −$32 | 224.3 bp −$2,243 | 1171.9 bp −$117.2K | 1672.2 bp −$836.1K |
BULLA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BULLAUSDT | +0.0636% | 4h | 0.1082 | +0.316% | $6.1M | $1.0M | 5x | as long as short |
| BingX BULLA-USDTshort | +0.1948% | 4h | 0.1076 | −0.199% | — | $6.6M | — | |
| Binance BULLAUSDT | +0.2001% | 4h | 0.1076 | −0.227% | $11.9M | $9.7M | 10x | as long as short |
| MEXC BULLA_USDT | +0.2050% | 4h | 0.1075 | −0.292% | $7.8M | $418K | 20x | as long as short |
| Gate BULLA_USDTlong | +0.2098% | 4h | 0.1078 | long leg | $1.3M | $303K | 10x |
Aster BULLAUSDT
Binance BULLAUSDT
MEXC BULLA_USDT