Funding you earn now, next payment 08:00 UTC+0.0447%/8h= +48.9% APRnext payment +$4.47 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX−0.351%7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1641.642% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)+0.227%+$23 · spread now −0.351%, 7d avg −0.131%
=Funding pays, the price is against you. Gate is 0.221% cheaper against BingX than usual: you would sell low and buy high (spread −0.351% now, against its 7-day average of −0.131%). If the spread goes back, that is −$22 on $10k: about 39 hours of funding at the current rate (+$13 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.022% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.47 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 EDU-USDT | 0.05126 | 0.0100 | pay 0.0100% / 8h | 7h 58m | — | $2.3M | — |
| Short | Gate EDU_USDT | 0.05108 | 0.0547 | get 0.0547% / 8h | 7h 58m | $108K | $19K | 50x |
BingX EDU-USDT
Gate EDU_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
- $93.87
- Price spread: −0.351% → −0.131%
- −$22.06
- Slippage, 4 orders
- −$139.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$92.35
- Costs to cover
- 1.642%
- Break-even
- 13.9 days
Slippage from BingX: live order book, 10 min ago; Gate: 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 BingX live order book, 10 min ago | 5.87 bp | 24.7 bp −$25 | 64.8 bp −$648 | 435.3 bp −$43.5K | 491.9 bp −$245.9K |
| Sell Gate live order book, 7 min ago | 3.91 bp | 41.0 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
EDU 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster EDUUSDT | +0.0100% | 8h | 0.05126 | +0.005% | $2K | $8K | 5x | as long as short |
| Binance EDUUSDT | +0.0100% | 8h | 0.05137 | +0.210% | $4.3M | $1.8M | 50x | as long as short |
| Bybit EDUUSDT | +0.0100% | 8h | 0.05128 | +0.039% | $513K | $242K | 5x | as long as short |
| MEXC EDU_USDT | +0.0100% | 8h | 0.05134 | +0.156% | $3.5M | $251K | 50x | as long as short |
| BingX EDU-USDTlong | +0.0100% | 8h | 0.05126 | long leg | — | $2.3M | — | |
| Variational Omni EDU | +0.0100% | 8h | 0.05123 | −0.053% | $5K | $27 | — | as long as short |
| Gate EDU_USDTshort | +0.0547% | 8h | 0.05108 | −0.351% | $108K | $19K | 50x | |
| KuCoin EDUUSDTM | +0.0652% | 8h | 0.05129 | +0.059% | $82K | $32K | 30x | as long as short |
Aster EDUUSDT
Binance EDUUSDT
Bybit EDUUSDT
MEXC EDU_USDT
Variational Omni EDU
KuCoin EDUUSDTM