Funding you earn now, next payment 04:00 UTC+0.0236%/8h= +25.8% APRnext payment +$1.18 per $10,000 · paid last 24h +0.008%
Price spread now: Gate against BingX−0.096%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$530as in the Funding arb table
Net, price: spread back to 7d avg − costs−$543as in the Price arb table
costs, in and out, $10k−$5375.370% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.096%, 7d avg −0.040%
=Funding pays, the price is against you. Gate is 0.056% cheaper against BingX than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of −0.040%). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.069% in total) that is about 5.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.069% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.18 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 EPIC-USDT | 0.6246 | 0.0070 | pay 0.0035% / 4h | 3h 06m | — | $2.6M | — |
| Short | Gate EPIC_USDT | 0.6240 | 0.0306 | get 0.0153% / 4h | 3h 06m | $540K | $1.5M | 25x |
BingX EPIC-USDT
Gate EPIC_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
- $49.56
- Price spread: −0.096% → −0.040%
- −$5.63
- Slippage, 4 orders
- −$512.05
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$493.12
- Costs to cover
- 5.370%
- Break-even
- 76.6 days
Slippage from BingX: live order book, 13 min ago; Gate: live order book, just now.
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, 13 min ago | 5.68 bp | 36.6 bp −$37 | 163.3 bp −$1,633 | 645.8 bp −$64.6K | 843.6 bp −$421.8K |
| Sell Gate live order book, just now | 8.82 bp | 248.9 bp −$249 | doesn't fit | doesn't fit | doesn't fit |
EPIC 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 EPIC-USDTlong | +0.0070% | 4h | 0.6246 | long leg | — | $2.6M | — | |
| Binance EPICUSDT | +0.0100% | 4h | 0.6246 | 0.000% | $6.4M | $25.1M | 20x | as long as short |
| Bybit EPICUSDT | +0.0100% | 4h | 0.6253 | +0.112% | $1.4M | $5.1M | 25x | as long as short |
| MEXC EPIC_USDT | +0.0100% | 4h | 0.6237 | −0.144% | $269K | $332K | 20x | as long as short |
| BloFin EPIC-USDT | +0.0106% | 4h | 0.6231 | −0.240% | $324K | $107K | 20x | as long as short |
| Gate EPIC_USDTshort | +0.0306% | 4h | 0.6240 | −0.096% | $540K | $1.5M | 25x | |
| Bitget EPICUSDT | +0.0472% | 4h | 0.6244 | −0.032% | $5.4M | $3.4M | 10x | as long as short |
Binance EPICUSDT
Bybit EPICUSDT
MEXC EPIC_USDT
BloFin EPIC-USDT
Bitget EPICUSDT