Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%
Price spread now: Gate against BingX−0.053%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1191.185% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.053%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.047% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ID-USDT | 0.03742 | 0.0100 | pay 0.0050% / 4h | 2h 23m | — | $2.3M | — |
| Short | Gate ID_USDT | 0.03740 | 0.0100 | get 0.0050% / 4h | 2h 23m | $262K | $230K | 25x |
BingX ID-USDT
Gate ID_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
- $0
- Price spread: −0.053% → −0.006%
- −$4.72
- Slippage, 4 orders
- −$93.54
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$123.25
- Costs to cover
- 1.185%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 60 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, 5 min ago | 5.35 bp | 22.0 bp −$22 | 50.4 bp −$504 | 389.5 bp −$39.0K | 441.1 bp −$220.5K |
| Sell Gate live order book, 60 min ago | 6.71 bp | 38.6 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ID-USDT | +0.0058% | 4h | 0.03748 | +0.160% | $162K | $11K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03739 | −0.079% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03743 | +0.027% | $2.4M | $3.3M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03742 | 0.000% | $1.4M | $1.0M | 25x | as long as short |
| Gate ID_USDTshort | +0.0100% | 4h | 0.03740 | −0.053% | $262K | $230K | 25x | |
| MEXC ID_USDT | +0.0100% | 4h | 0.03743 | +0.027% | $347K | $137K | 20x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03741 | −0.027% | $775K | $561K | 50x | as long as short |
| BingX ID-USDTlong | +0.0100% | 4h | 0.03742 | long leg | — | $2.3M | — | |
| Variational Omni ID | +0.0100% | 8h | 0.03743 | +0.023% | $12K | $20K | — | as long as short |
| KuCoin IDUSDTM | +0.0248% | 4h | 0.03747 | +0.134% | $1.0M | $61K | 30x | as long as short |
BloFin ID-USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
MEXC ID_USDT
Bitget IDUSDT
Variational Omni ID
KuCoin IDUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0441% | 1h | 0.03747 | +0.135% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD