Funding you earn now, next payment 00:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.46 per $10,000 · paid last 24h +0.012%
Price spread now: BingX against Gate+0.146%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$473as in the Funding arb table
Net, price: spread back to 7d avg − costs−$463as in the Price arb table
costs, in and out, $10k−$4744.741% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.146%, 7d avg +0.037%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.108% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ACT_USDT | 0.01099 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $142K | $82K | 25x |
| Short | BingX ACT-USDT | 0.01101 | 0.0192 | get 0.0096% / 4h | 1h 38m | — | $1.3M | — |
Gate ACT_USDT
BingX ACT-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
- $19.32
- Price spread: +0.146% → +0.037%
- $10.83
- Slippage, 4 orders
- −$449.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$443.99
- Costs to cover
- 4.741%
- Break-even
- 167.9 days
Slippage from Gate: live order book, 37 min ago; BingX: live order book, 7 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, 37 min ago | 13.63 bp | 220.9 bp −$221 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 3.64 bp | 22.2 bp −$22 | 93.3 bp −$933 | 642.1 bp −$64.2K | 942.8 bp −$471.4K |
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 | 0.01099 | −0.013% | $2.1M | $2.2M | 10x | as long as short |
| Bybit ACTUSDT | +0.0100% | 4h | 0.01101 | +0.200% | $578K | $343K | 25x | as long as short |
| Gate ACT_USDTlong | +0.0100% | 4h | 0.01099 | long leg | $142K | $82K | 25x | |
| MEXC ACT_USDT | +0.0100% | 4h | 0.01099 | −0.018% | $6.4M | $110K | 20x | as long as short |
| Bitget ACTUSDT | +0.0100% | 4h | 0.01100 | +0.091% | $261K | $92K | 10x | as long as short |
| BingX ACT-USDTshort | +0.0192% | 4h | 0.01101 | +0.146% | — | $1.3M | — | |
| OKX ACT-USDT-SWAP | +0.0208% | 4h | 0.01100 | +0.136% | $779K | $1.4M | 10x | as long as short |
Binance ACTUSDT
Bybit ACTUSDT
MEXC ACT_USDT
Bitget ACTUSDT
OKX ACT-USDT-SWAP