Funding you earn now, next payment 08:00 UTC−0.1703%/8h= −186.5% APRnext payment −$17.03 per $10,000 · paid last 24h −0.301%
Price spread now: Gate against BingX−0.367%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1431.430% of the position
Funding, last 2 days (all we have)−0.325%−$33 on $10k
+Price spread, last 2 days (all we have)+0.144%+$14 · spread now −0.367%, 7d avg +0.038%
=Both sides work against this trade now: funding costs −$51 a day on $10k at the current rate, and Gate is 0.405% cheaper against BingX than usual: you would sell low and buy high (−$41 if the spread goes back to its 7-day average of +0.038%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 2 days it paid -0.325% in total (about -59.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$17.03 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 CELR-USDT | 0.003268 | −0.4348 | get 0.4348% / 8h | 7h 59m | — | $2.7M | — |
| Short | Gate CELR_USDT | 0.003256 | −0.6051 | pay 0.6051% / 8h | 7h 59m | $223K | $1.3M | 25x |
BingX CELR-USDT
Gate CELR_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
- −$357.63
- Price spread: −0.367% → +0.038%
- −$40.51
- Slippage, 4 orders
- −$118.05
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$541.19
- Costs to cover
- 1.430%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; Gate: live order book, 3 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, 10 min ago | 4.56 bp | 25.0 bp −$25 | 69.0 bp −$690 | 444.2 bp −$44.4K | 499.9 bp −$249.9K |
| Sell Gate live order book, 3 min ago | 3.05 bp | 51.1 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
CELR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC CELR_USDT | −0.6786% | 8h | 0.003258 | −0.306% | $694K | $1.7M | 50x | as long as short |
| BloFin CELR-USDT | −0.6760% | 8h | 0.003286 | +0.551% | $357K | $507K | 25x | as long as short |
| Binance CELRUSDT | −0.6748% | 8h | 0.003253 | −0.459% | $3.8M | $55.1M | 25x | as long as short |
| KuCoin CELRUSDTM | −0.6306% | 8h | 0.003259 | −0.275% | $380K | $4.3M | 25x | as long as short |
| Bitget CELRUSDT | −0.6103% | 8h | 0.003248 | −0.612% | $589K | $5.7M | 25x | as long as short |
| Gate CELR_USDTshort | −0.6051% | 8h | 0.003256 | −0.367% | $223K | $1.3M | 25x | |
| Kraken Futures PF_CELRUSD | −0.4536% | 1h | 0.003248 | −0.601% | $37K | $61K | 10x | as long as short |
| BingX CELR-USDTlong | −0.4348% | 8h | 0.003268 | long leg | — | $2.7M | — |
MEXC CELR_USDT
BloFin CELR-USDT
Binance CELRUSDT
KuCoin CELRUSDTM
Bitget CELRUSDT
Kraken Futures PF_CELRUSD