Funding you earn now, next payment 00:00 UTC−0.0804%/8h= −88.0% APRnext payment −$4.02 per $10,000 · paid last 24h +0.021%
Price spread now: BingX against Gate−0.173%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,008as in the Funding arb table
Net, price: spread back to 7d avg − costs−$975as in the Price arb table
costs, in and out, $10k−$9619.614% of the position
Funding, last 7 days−0.469%−$47 on $10k
+Price spread, last 4 days (all we have)+0.228%+$23 · spread now −0.173%, 7d avg −0.034%
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and BingX is 0.139% cheaper against Gate than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.469% in total (about -24.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.02 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AIA_USDT | 0.06926 | 0.0904 | pay 0.0452% / 4h | 1h 29m | $333K | $98K | 20x |
| Short | BingX AIA-USDT | 0.06914 | 0.0100 | get 0.0050% / 4h | 1h 29m | — | $2.3M | — |
Gate AIA_USDT
BingX AIA-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
- −$168.84
- Price spread: −0.173% → −0.034%
- −$13.93
- Slippage, 4 orders
- −$936.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,144.14
- Costs to cover
- 9.614%
- Break-even
- never at this rate
Slippage from Gate: live order book, 51 min ago; BingX: live order book, 4 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, 51 min ago | 13.74 bp | 432.1 bp −$432 | 15384.5 bp −$153.8K | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 3.62 bp | 26.5 bp −$27 | 129.0 bp −$1,290 | doesn't fit | doesn't fit |
AIA 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 AIAUSDT | +0.0100% | 4h | 0.06911 | −0.218% | $4.9M | $2.1M | 20x | as long as short |
| MEXC AIA_USDT | +0.0100% | 4h | 0.06911 | −0.217% | $3.6M | $485K | 20x | as long as short |
| BingX AIA-USDTshort | +0.0100% | 4h | 0.06914 | −0.173% | — | $2.3M | — | |
| Extended AIA-USD | +0.0104% | 1h | 0.06910 | −0.237% | $3K | $213K | 5x | as long as short |
| BloFin AIA-USDT | +0.0159% | 4h | 0.06914 | −0.173% | $318K | $17K | 20x | as long as short |
| Aster AIAUSDT | +0.0691% | 4h | 0.06907 | −0.274% | $25K | $39K | 5x | as long as short |
| Gate AIA_USDTlong | +0.0904% | 4h | 0.06926 | long leg | $333K | $98K | 20x |
Binance AIAUSDT
MEXC AIA_USDT
Extended AIA-USD
BloFin AIA-USDT
Aster AIAUSDT