Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%
Price spread now: Gate against BingX+0.068%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.068% dearer against BingX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX PUNDIX-USDT | 0.1174 | 0.0070 | pay 0.0035% / 4h | 1h 57m | — | $1.2M | — |
| Short | Gate PUNDIX_USDT | 0.1175 | 0.0100 | get 0.0050% / 4h | 1h 57m | $37K | $9K | 20x |
BingX PUNDIX-USDT
Gate PUNDIX_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
- $6.3
- Price spread: +0.068% → 0.000%
- $6.81
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$11.89
- Costs to cover
- 0.250%
- Break-even
- 20.2 days
Slippage unknown: BingX: live order book, 2 min ago; Gate: no order-book sample. Net counts fees only.
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, 2 min ago | 5.10 bp | 28.9 bp −$29 | 111.7 bp −$1,117 | 660.6 bp −$66.1K | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
PUNDIX on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX PUNDIX-USDTlong | +0.0070% | 4h | 0.1174 | long leg | — | $1.2M | — | |
| Binance PUNDIXUSDT | +0.0100% | 4h | 0.1175 | +0.054% | $1.4M | $1.8M | 50x | as long as short |
| Bybit PUNDIXUSDT | +0.0100% | 4h | 0.1174 | +0.026% | $750K | $454K | 20x | as long as short |
| Gate PUNDIX_USDTshort | +0.0100% | 4h | 0.1175 | +0.068% | $37K | $9K | 20x | |
| MEXC PUNDIX_USDT | +0.0100% | 4h | 0.1174 | +0.026% | $2.4M | $103K | 50x | as long as short |
| Bitget PUNDIXUSDT | +0.0100% | 4h | 0.1175 | +0.077% | $236K | $235K | 20x | as long as short |
| Variational Omni PUNDIX | +0.0100% | 4h | 0.1177 | +0.234% | $2K | $57K | — | as long as short |
Binance PUNDIXUSDT
Bybit PUNDIXUSDT
MEXC PUNDIX_USDT
Bitget PUNDIXUSDT
Variational Omni PUNDIX