data as of
Settings8H · net · $10k
Funding arb /

M

all M markets
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Funding spread now, next payment 20:00 UTC−0.0548%/8h
paid, last 24h−0.091%paid, last 7 days−0.244%to open and close $10k−$1,283
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.244% in total (about -12.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX M-USDT1.48840.0648pay 0.0324% / 4h3h 30m$2.4M
ShortGate M_USDT1.48730.0100get 0.0100% / 8h7h 30m$2.0M$1.0M10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$115.08
Slippage, 4 orders
−$1,257.95
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1,398.03
Break-even
never at this rate
Slippage from BingX: live order book, 10 min ago; Gate: live order book, 4 min ago.

Price risk

price view
Price gap now
−0.074%
Avg gap 7d
−0.093%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 10 min ago10.74 bp27.4 bp −$27154.8 bp −$1,548doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago12.43 bp233.1 bp −$233doesn't fitdoesn't fitdoesn't fit

M on 12 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit MUSDT+0.0100%4h$4.7M$2.7M20xas long as short
Gate M_USDTshort+0.0100%8h$2.0M$1.0M10x
Bitget MUSDT+0.0100%4h$1.9M$438K10xas long as short
Variational Omni M+0.0100%4h$91K$47Kas long as short
Orderly PERP_M_USDC+0.0100%4h$2K$18010xas long as short
SunX M-USDT+0.0100%4h$2K$485K20xas long as short
Aster MUSDT+0.0503%4h$17K$126K5xas long as short
BloFin M-USDT+0.0634%4h$359K$480K10xas long as short
BingX M-USDTlong+0.0648%4h$2.4M
Binance MUSDT+0.0660%4h$5.5M$5.5M10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC M_USDT+0.0668%4h$249K$122K50xas long as short
KuCoin MUSDTM+0.2526%4h$1.4M$4.1M10xas long as short