Funding you earn now, next payment 08:00 UTC+0.0146%/8h= +16.0% APRnext payment +$1.46 per $10,000 · paid last 24h +0.015%
Price spread now: BingX against Gate0.000%7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1641.645% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 4 days (all we have)+0.183%+$18 · spread now 0.000%, 7d avg +0.124%
=Funding pays, the price is against you. BingX is 0.124% cheaper against Gate than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.124%). If the spread goes back, that is −$12 on $10k: about 2.8 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.150% in total) that is about 5.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CORE_USDT | 0.02187 | 0.0005 | pay 0.0005% / 8h | 3h 08m | $159K | $171K | 25x |
| Short | BingX CORE-USDT | 0.02187 | 0.0151 | get 0.0151% / 8h | 3h 08m | — | $1.3M | — |
Gate CORE_USDT
BingX CORE-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
- $30.66
- Price spread: 0.000% → +0.124%
- −$12.42
- Slippage, 4 orders
- −$139.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$146.26
- Costs to cover
- 1.645%
- Break-even
- 40.4 days
Slippage from Gate: live order book, 37 min ago; BingX: live order book, 7 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, 37 min ago | 11.34 bp | 60.9 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 6.83 bp | 26.1 bp −$26 | 80.1 bp −$801 | 969.4 bp −$96.9K | 1230.6 bp −$615.3K |
CORE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CORE | −0.0331% | 8h | 0.02185 | −0.087% | $8K | $1K | — | as long as short |
| Bybit COREUSDT | −0.0127% | 8h | 0.02181 | −0.274% | $1.4M | $984K | 20x | as long as short |
| Gate CORE_USDTlong | +0.0005% | 8h | 0.02187 | long leg | $159K | $171K | 25x | |
| OKX CORE-USDT-SWAP | +0.0100% | 8h | 0.02189 | +0.091% | $1.7M | $4.3M | 20x | as long as short |
| MEXC CORE_USDT | +0.0151% | 8h | 0.02187 | 0.000% | $820K | $219K | 100x | as long as short |
| BingX CORE-USDTshort | +0.0151% | 8h | 0.02187 | 0.000% | — | $1.3M | — |
Variational Omni CORE
Bybit COREUSDT
OKX CORE-USDT-SWAP
MEXC CORE_USDT