Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Gate−0.007%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$312as in the Funding arb table
Net, price: spread back to 7d avg − costs−$323as in the Price arb table
costs, in and out, $10k−$3243.244% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.007%, 7d avg −0.023%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate USUAL_USDT | 0.01393 | 0.0100 | pay 0.0100% / 8h | 39m 11s | $942K | $103K | 50x |
| Short | BingX USUAL-USDT | 0.01393 | 0.0100 | get 0.0050% / 4h | 39m 11s | — | $1.2M | — |
Gate USUAL_USDT
BingX USUAL-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: −0.007% → −0.023%
- $1.6
- Slippage, 4 orders
- −$299.41
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$322.81
- Costs to cover
- 3.244%
- Break-even
- never at this rate
Slippage from Gate: live order book, 63 min ago; BingX: live order book, 6 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, 63 min ago | 7.20 bp | 153.9 bp −$154 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 5.00 bp | 20.8 bp −$21 | 111.7 bp −$1,117 | 538.6 bp −$53.9K | 827.5 bp −$413.8K |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.3920% | 1h | 0.01378 | −1.077% | $6K | $3K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | +0.0011% | 1h | 0.01392 | −0.075% | $112K | $21K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01392 | −0.072% | $395K | $182K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01391 | −0.116% | $2.2M | $3.1M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01393 | +0.029% | $1.0M | $754K | 25x | as long as short |
| Gate USUAL_USDTlong | +0.0100% | 8h | 0.01393 | long leg | $942K | $103K | 50x | |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01392 | −0.093% | $6.1M | $255K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01394 | +0.072% | $267K | $47K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01394 | +0.072% | $804K | $390K | 50x | as long as short |
| BingX USUAL-USDTshort | +0.0100% | 4h | 0.01393 | −0.007% | — | $1.2M | — |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01397 | +0.307% | $11K | $1K | — | as long as short |
Variational Omni USUAL