Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.48 per $10,000 · paid last 24h −0.012%
Price spread now: Gate against BingX0.000%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$359as in the Funding arb table
Net, price: spread back to 7d avg − costs−$354as in the Price arb table
costs, in and out, $10k−$3583.581% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now 0.000%, 7d avg −0.037%
=The price spread pays, funding is against you. Gate is 0.037% dearer against BingX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.037%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours. At the pace of the last 7 days (−0.012% in total) that is about 22 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ACT-USDT | 0.01112 | 0.0196 | pay 0.0098% / 4h | 56m 42s | — | $1.2M | — |
| Short | Gate ACT_USDT | 0.01112 | 0.0100 | get 0.0050% / 4h | 56m 42s | $143K | $78K | 25x |
BingX ACT-USDT
Gate ACT_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
- −$20.16
- Price spread: 0.000% → −0.037%
- $3.73
- Slippage, 4 orders
- −$333.09
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$374.52
- Costs to cover
- 3.581%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Gate: 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 BingX live order book, 13 min ago | 3.64 bp | 22.3 bp −$22 | 90.5 bp −$905 | 616.5 bp −$61.6K | doesn't fit |
| Sell Gate live order book, 14 min ago | 9.10 bp | 177.3 bp −$177 | doesn't fit | doesn't fit | doesn't fit |
ACT 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ACTUSDT | +0.0100% | 4h | 0.01111 | −0.061% | $2.1M | $2.2M | 10x | as long as short |
| Bybit ACTUSDT | +0.0100% | 4h | 0.01114 | +0.216% | $602K | $362K | 25x | as long as short |
| Gate ACT_USDTshort | +0.0100% | 4h | 0.01112 | 0.000% | $143K | $78K | 25x | |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01110 | −0.180% | $6.5M | $109K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01112 | 0.000% | $263K | $90K | 10x | as long as short |
| BingX ACT-USDTlong | +0.0196% | 4h | 0.01112 | long leg | — | $1.2M | — | |
| OKX ACT-USDT-SWAP | +0.0221% | 4h | 0.01114 | +0.198% | $795K | $1.4M | 10x | as long as short |
Binance ACTUSDT
Bybit ACTUSDT
MEXC ACT_USDT
Bitget ACTUSDT
OKX ACT-USDT-SWAP