Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.3% APRnext payment −$0.01 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against Binance+0.279%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$1051.051% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 7 days−0.214%−$21 · spread now +0.279%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.280% dearer against Binance than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GMTUSDT | 0.008588 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $2.9M | $5.4M | 50x |
| Short | BingX GMT-USDT | 0.008612 | 0.0098 | get 0.0049% / 4h | 1h 57m | — | $1.3M | — |
Binance GMTUSDT
BingX GMT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- −$0.5
- Price spread: +0.279% → 0.000%
- $27.97
- Slippage, 4 orders
- −$85.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$77.62
- Costs to cover
- 1.051%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; BingX: live order book, 2 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 Binance live order book, 10 min ago | 2.33 bp | 29.9 bp −$30 | 183.8 bp −$1,838 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.23 bp | 28.0 bp −$28 | 76.6 bp −$766 | 551.4 bp −$55.1K | 964.5 bp −$482.3K |
GMT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.1271% | 1h | 0.008610 | +0.253% | $44K | $13K | 20x | as long as short |
| Bybit GMTUSDT | −0.0368% | 8h | 0.008606 | +0.210% | $1.1M | $2.1M | 50x | as long as short |
| Variational Omni GMT | −0.0311% | 8h | 0.008603 | +0.179% | $4K | $6K | — | as long as short |
| OKX GMT-USDT-SWAP | −0.0231% | 4h | 0.008596 | +0.093% | $396K | $1.3M | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0210% | 4h | 0.008610 | +0.256% | $248K | $185K | 50x | as long as short |
| BingX GMT-USDTshort | +0.0098% | 4h | 0.008612 | +0.279% | — | $1.3M | — | |
| Hyperliquid GMT | +0.0100% | 1h | 0.008597 | +0.105% | $114K | $154K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008609 | +0.243% | $7K | $23K | 10x | as long as short |
| Binance GMTUSDTlong | +0.0100% | 4h | 0.008588 | long leg | $2.9M | $5.4M | 50x | |
| Gate GMT_USDT | +0.0100% | 8h | 0.008620 | +0.373% | $150K | $178K | 50x | as long as short |
Kraken Futures PF_GMTUSD
Bybit GMTUSDT
Variational Omni GMT
OKX GMT-USDT-SWAP
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Gate GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GMT_USDT | +0.0100% | 4h | 0.008604 | +0.186% | $426K | $209K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008614 | +0.303% | $685K | $638K | 50x | as long as short |
MEXC GMT_USDT
Bitget GMTUSDT