Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against Gate−0.045%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2082.080% of the position
Funding, last 7 days+1.299%+$130 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.045%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.020% cheaper against Gate than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.024%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.299%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VTHO_USDT | 0.0006695 | −0.1592 | get 0.0796% / 4h | 41m 20s | $345K | $521K | 25x |
| Short | BingX VTHO-USDT | 0.0006692 | −0.1642 | pay 0.0821% / 4h | 41m 20s | — | $1.4M | — |
Gate VTHO_USDT
BingX VTHO-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
- −$10.5
- Price spread: −0.045% → −0.024%
- −$2.04
- Slippage, 4 orders
- −$183.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$220.58
- Costs to cover
- 2.080%
- Break-even
- never at this rate
Slippage from Gate: live order book, 15 min ago; BingX: live order book, 5 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, 15 min ago | 7.46 bp | 48.2 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 3.73 bp | 19.0 bp −$19 | 40.1 bp −$401 | 405.3 bp −$40.5K | 658.7 bp −$329.4K |
VTHO on 5 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 VTHO-USDTshort | −0.1642% | 4h | 0.0006692 | −0.045% | — | $1.4M | — | |
| MEXC VTHO_USDT | −0.1638% | 4h | 0.0006699 | +0.060% | $1.7M | $208K | 20x | as long as short |
| Binance VTHOUSDT | −0.1625% | 4h | 0.0006698 | +0.042% | $4.9M | $14.8M | 50x | as long as short |
| Gate VTHO_USDTlong | −0.1592% | 4h | 0.0006695 | long leg | $345K | $521K | 25x | |
| Bitget VTHOUSDT | −0.1378% | 4h | 0.0006695 | 0.000% | $1.2M | $1.5M | 50x | as long as short |
MEXC VTHO_USDT
Binance VTHOUSDT
Bitget VTHOUSDT