Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Gate−0.108%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1261.255% of the position
Funding, last 7 days+0.289%+$29 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now −0.108%, 7d avg −0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.073% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GMT_USDT | 0.008310 | 0.0100 | pay 0.0100% / 8h | 1h 29m | $146K | $104K | 50x |
| Short | BingX GMT-USDT | 0.008301 | 0.0100 | get 0.0050% / 4h | 1h 29m | — | $1.2M | — |
Gate GMT_USDT
BingX GMT-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
- $0
- Price spread: −0.108% → −0.035%
- −$7.28
- Slippage, 4 orders
- −$100.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$132.79
- Costs to cover
- 1.255%
- Break-even
- never at this rate
Slippage from Gate: live order book, 46 min ago; BingX: live order book, 15 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, 46 min ago | 11.99 bp | 34.3 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 6.01 bp | 24.2 bp −$24 | 56.1 bp −$561 | 531.5 bp −$53.1K | 984.5 bp −$492.3K |
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 | −0.0999% | 1h | 0.008305 | −0.054% | $45K | $10K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0062% | 4h | 0.008290 | −0.241% | $252K | $100K | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008306 | −0.048% | $122K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008309 | −0.007% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008301 | −0.108% | $2.6M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008298 | −0.144% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008298 | −0.144% | $344K | $552K | 20x | as long as short |
| Gate GMT_USDTlong | +0.0100% | 8h | 0.008310 | long leg | $146K | $104K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008303 | −0.084% | $420K | $184K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008299 | −0.132% | $669K | $400K | 50x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDTshort | +0.0100% | 4h | 0.008301 | −0.108% | — | $1.2M | — | |
| Variational Omni GMT | +0.0100% | 8h | 0.008295 | −0.175% | $3K | $5K | — | as long as short |
Variational Omni GMT