Funding you earn now, next payment 08:00 UTC+0.1016%/8h= +111.3% APRnext payment +$5.08 per $10,000 · paid last 24h +0.254%
Price spread now: Gate against BingX−0.457%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$1581.583% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)+0.322%+$32 · spread now −0.457%, 7d avg −0.030%
=Funding pays, the price is against you. Gate is 0.427% cheaper against BingX than usual: you would sell low and buy high (spread −0.457% now, against its 7-day average of −0.030%). If the spread goes back, that is −$43 on $10k: about 34 hours of funding at the current rate (+$30 a day). At the pace of the last 7 days (+0.057% in total) that is about 53 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.057% in total (about 3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.08 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 | BingX B2-USDT | 0.5030 | 0.0172 | pay 0.0086% / 4h | 2h 21m | — | $1.4M | — |
| Short | Gate B2_USDT | 0.5007 | 0.1188 | get 0.0594% / 4h | 2h 21m | $908K | $406K | 20x |
BingX B2-USDT
Gate B2_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
- $213.36
- Price spread: −0.457% → −0.030%
- −$42.68
- Slippage, 4 orders
- −$133.29
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $12.39
- Costs to cover
- 1.583%
- Break-even
- 6.6 days
Slippage from BingX: live order book, 9 min ago; Gate: live order book, 26 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, 9 min ago | 6.93 bp | 30.6 bp −$31 | 178.8 bp −$1,788 | doesn't fit | doesn't fit |
| Sell Gate live order book, 26 min ago | 13.75 bp | 47.5 bp −$48 | 232.1 bp −$2,321 | doesn't fit | doesn't fit |
B2 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit B2USDT | +0.0100% | 4h | 0.5021 | −0.179% | $1.6M | $2.0M | 20x | as long as short |
| Bitget B2USDT | +0.0118% | 4h | 0.5020 | −0.199% | $2.8M | $882K | 50x | as long as short |
| MEXC B2_USDT | +0.0148% | 4h | 0.5029 | −0.020% | $547K | $364K | 100x | as long as short |
| Binance B2USDT | +0.0160% | 4h | 0.5030 | 0.000% | $8.2M | $10.1M | 50x | as long as short |
| BingX B2-USDTlong | +0.0172% | 4h | 0.5030 | long leg | — | $1.4M | — | |
| Aster B2USDT | +0.0422% | 4h | 0.5022 | −0.166% | $157K | $171K | 5x | as long as short |
| Variational Omni B2 | +0.0474% | 4h | 0.5024 | −0.117% | $14K | $2K | — | as long as short |
| KuCoin B2USDTM | +0.0728% | 4h | 0.5030 | 0.000% | $1.0M | $307K | 50x | as long as short |
| Gate B2_USDTshort | +0.1188% | 4h | 0.5007 | −0.457% | $908K | $406K | 20x |
Bybit B2USDT
Bitget B2USDT
MEXC B2_USDT
Binance B2USDT
Aster B2USDT
Variational Omni B2
KuCoin B2USDTM