Funding you earn now, next payment 02:00 UTC+0.0758%/8h= +83.0% APRpaid last 24h +3.281%
Price spread now: BingX against Gate+2.348%7-day average +1.286% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$1,281as in the Price arb table
costs, in and out, $10k−$1,38713.869% of the position
Funding, last 5 days (all we have)+3.365%+$336 on $10k
+Price spread, last 4 days (all we have)−0.575%−$58 · spread now +2.348%, 7d avg +1.286%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and BingX is 1.062% dearer against Gate than usual: you sell high and buy low: +$106 more if the spread goes back to its 7-day average of +1.286%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MUSEBOOK_USDT | 0.0002027 | −0.0552 | get 0.0069% / 1h | 1m 37s | $249K | $3.7M | 10x |
| Short | BingX MUSEBOOK-USDT | 0.0002075 | 0.0206 | get 0.0103% / 4h | 2h 01m | — | $1.4M | — |
Gate MUSEBOOK_USDT
BingX MUSEBOOK-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
- $159.18
- Price spread: +2.348% → +1.286%
- $106.16
- Slippage, 4 orders
- −$1,361.89
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,121.55
- Costs to cover
- 13.869%
- Break-even
- 56.3 days
Slippage from Gate: live order book, 2 min ago; BingX: live order book, 14 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, 2 min ago | 45.56 bp | 272.7 bp −$273 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 43.21 bp | 404.9 bp −$405 | doesn't fit | doesn't fit | doesn't fit |
MUSEBOOK on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MUSEBOOK_USDTlong | −0.0552% | 1h | 0.0002027 | long leg | $249K | $3.7M | 10x | |
| BingX MUSEBOOK-USDTshort | +0.0206% | 4h | 0.0002075 | +2.348% | — | $1.4M | — | |
| MEXC MUSEBOOK_USDT | +0.0294% | 4h | 0.0002071 | +2.170% | $252K | $570K | 20x | as long as short |
MEXC MUSEBOOK_USDT