Funding you earn now, next payment 16:00 UTC+0.0220%/8h= +24.1% APRnext payment +$2.20 per $10,000 · paid last 24h +0.029%
Price spread now: BingX against Gate+0.092%7-day average −0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1311.310% of the position
Funding, last 7 days+1.310%+$131 on $10k
+Price spread, last 4 days (all we have)−0.153%−$15 · spread now +0.092%, 7d avg −0.099%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.191% dearer against Gate than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.099%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EGLD_USDT | 4.3400 | 0.0100 | pay 0.0100% / 8h | 4h 48m | $439K | $275K | 30x |
| Short | BingX EGLD-USDT | 4.3440 | 0.0320 | get 0.0320% / 8h | 4h 48m | — | $2.7M | — |
Gate EGLD_USDT
BingX EGLD-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
- $46.2
- Price spread: +0.092% → −0.099%
- $19.1
- Slippage, 4 orders
- −$106.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$65.73
- Costs to cover
- 1.310%
- Break-even
- 17.0 days
Slippage from Gate: live order book, 55 min ago; BingX: live order book, 10 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, 55 min ago | 6.81 bp | 44.5 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 8.01 bp | 27.2 bp −$27 | 61.0 bp −$610 | 234.7 bp −$23.5K | 724.7 bp −$362.3K |
EGLD on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSD | −0.2597% | 1h | 4.3567 | +0.385% | $431K | $448K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −15.668% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3425 | +0.059% | $4.5M | $16.4M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3460 | +0.138% | $2.5M | $5.5M | 75x | as long as short |
| Gate EGLD_USDTlong | +0.0100% | 8h | 4.3400 | long leg | $439K | $275K | 30x | |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3450 | +0.115% | $4.0M | $2.3M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3460 | +0.138% | $2.8M | $737K | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3440 | +0.092% | $2.2M | $2.6M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3284 | −0.268% | $16K | $53K | — | as long as short |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.3280 | −0.276% | $213K | $541K | 75x | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLD
BloFin EGLD-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDTshort | +0.0320% | 8h | 4.3440 | +0.092% | — | $2.7M | — | |
| OKX EGLD-USDT-SWAP | +0.0325% | 8h | 4.3460 | +0.138% | $579K | $2.5M | 20x | as long as short |
OKX EGLD-USDT-SWAP