Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Gate+0.009%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1191.192% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.009%, 7d avg +0.021%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ALGO_USDT | 0.1120 | 0.0100 | pay 0.0100% / 8h | 6h 21m | $875K | $858K | 50x |
| Short | BingX ALGO-USDT | 0.1120 | 0.0100 | get 0.0100% / 8h | 6h 21m | — | $3.3M | — |
Gate ALGO_USDT
BingX ALGO-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: +0.009% → +0.021%
- −$1.16
- Slippage, 4 orders
- −$94.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$120.38
- Costs to cover
- 1.192%
- Break-even
- never at this rate
Slippage from Gate: live order book, 45 min ago; BingX: live order book, 8 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, 45 min ago | 6.28 bp | 39.6 bp −$40 | 578.2 bp −$5,782 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 4.47 bp | 15.2 bp −$15 | 36.0 bp −$360 | 171.7 bp −$17.2K | 706.0 bp −$353.0K |
ALGO on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0196% | 1h | 0.1120 | +0.071% | $101K | $49K | 25x | as long as short |
| Coinbase International ALGO-PERP-INTX | −0.0064% | 1h | 0.1120 | +0.045% | $71K | $289K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1121 | +0.134% | $6K | — | 150x | as long as short |
| Variational Omni ALGO | +0.0018% | 8h | 0.1119 | −0.043% | $61K | $12K | — | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.036% | $834 | $233K | 12x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1122 | +0.179% | $3.7M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1121 | +0.094% | $44K | $40K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1120 | +0.054% | $9.9M | $34.8M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1120 | +0.036% | $11.6M | $12.4M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1120 | +0.027% | $2.9M | $7.7M | 50x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Coinbase International ALGO-PERP-INTX
gTrade (Gains Network) ALGO/USD
Variational Omni ALGO
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ALGO_USDTlong | +0.0100% | 8h | 0.1120 | long leg | $875K | $858K | 50x | |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1119 | −0.009% | $22.9M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1120 | +0.027% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1120 | +0.036% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDTshort | +0.0100% | 8h | 0.1120 | +0.009% | — | $3.3M | — | |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1122 | +0.188% | $61K | $143K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1123 | +0.304% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1119 | −0.019% | $6K | $227K | 10x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0261% | 1h | 0.1121 | +0.105% | $830K | $1.1M | 50x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0343% / S −0.0313% | 1h | 0.1121 | +0.134% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1573% | 1h | 0.1121 | +0.098% | $162K | $4K | 5x | as long as short |
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
Kraken Futures PF_ALGOUSD
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD