Funding you earn now, next payment 04:00 UTC−0.0258%/8h= −28.3% APRnext payment −$1.29 per $10,000 · paid last 24h −0.012%
Price spread now: BingX against Gate−1.240%7-day average −0.418% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)−4.533%−$453 on $10k
+Price spread, last 4 days (all we have)−1.983%−$198 · spread now −1.240%, 7d avg −0.418%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and BingX is 0.822% cheaper against Gate than usual: you would sell low and buy high (−$82 if the spread goes back to its 7-day average of −0.418%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COOL_USDT | 0.001371 | 0.0100 | pay 0.0050% / 4h | 44m 56s | $46K | $145K | 10x |
| Short | BingX COOL-USDT | 0.001354 | −0.0158 | pay 0.0079% / 4h | 44m 56s | — | $313K | — |
Gate COOL_USDT
BingX COOL-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
- −$54.18
- Price spread: −1.240% → −0.418%
- −$82.16
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$161.34
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 6 min ago; BingX: live order book, 73 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, 6 min ago | 47.95 bp | 7900.4 bp −$7,900 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 73 min ago | 84.32 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
COOL on 3 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 COOL_USDT | −0.0226% | 4h | 0.001356 | −1.094% | $24K | $89K | 20x | as long as short |
| BingX COOL-USDTshort | −0.0158% | 4h | 0.001354 | −1.240% | — | $313K | — | |
| Gate COOL_USDTlong | +0.0100% | 4h | 0.001371 | long leg | $46K | $145K | 10x |
MEXC COOL_USDT