Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.089%
Price spread now: BingX against Gate+0.133%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1621.625% of the position
Funding, last 7 days−0.201%−$20 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.133%, 7d avg +0.037%
=The price spread pays, funding is against you. BingX is 0.095% dearer against Gate than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of +0.037%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.201% in total) that is about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DGAI_USDT | 1.0546 | 0.0100 | pay 0.0050% / 4h | 2h 03m | $2.0M | $1.7M | 20x |
| Short | BingX DGAI-USDT | 1.0560 | 0.0070 | get 0.0035% / 4h | 2h 03m | — | $800K | — |
Funding 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
- −$6.3
- Price spread: +0.133% → +0.037%
- $9.54
- Slippage, 4 orders
- −$137.49
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$159.25
- Costs to cover
- 1.625%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; BingX: live order book, 56 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, 4 min ago | 7.11 bp | 62.8 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 56 min ago | 2.85 bp | 34.4 bp −$34 | 90.2 bp −$902 | 783.8 bp −$78.4K | 1118.5 bp −$559.2K |
DGAI on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX DGAI-USDTshort | +0.0070% | 4h | 1.0560 | +0.133% | — | $800K | — | |
| Bybit DGAIUSDT | +0.0100% | 4h | 1.0543 | −0.028% | $680K | $20.6M | 20x | as long as short |
| OKX DGAI-USDT-SWAP | +0.0100% | 4h | 1.0552 | +0.057% | $954K | $58.1M | 20x | as long as short |
| Gate DGAI_USDTlong | +0.0100% | 4h | 1.0546 | long leg | $2.0M | $1.7M | 20x | |
| MEXC DGAI_USDT | +0.0100% | 4h | 1.0550 | +0.038% | $962K | $616K | 20x | as long as short |
| Bitget DGAIUSDT | +0.0100% | 4h | 1.0549 | +0.028% | $213K | $1.5M | 20x | as long as short |
| BloFin DGAI-USDT | +0.0135% | 4h | 1.0542 | −0.038% | $41K | $76K | 20x | as long as short |
Gate DGAI_USDT
BingX DGAI-USDT
Bybit DGAIUSDT
OKX DGAI-USDT-SWAP
MEXC DGAI_USDT
Bitget DGAIUSDT
BloFin DGAI-USDT