Funding you earn now, next payment 00:00 UTC−0.0300%/8h= −32.8% APRnext payment −$1.50 per $10,000 · paid last 24h −0.011%
Price spread now: Gate against BingX−0.456%7-day average +0.496% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)+4.519%+$452 on $10k
+Price spread, last 4 days (all we have)+3.577%+$358 · spread now −0.456%, 7d avg +0.496%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.952% cheaper against BingX than usual: you would sell low and buy high (−$95 if the spread goes back to its 7-day average of +0.496%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +4.519%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX COOL-USDT | 0.001534 | 0.0400 | pay 0.0200% / 4h | 54m 29s | — | $332K | — |
| Short | Gate COOL_USDT | 0.001527 | 0.0100 | get 0.0050% / 4h | 54m 29s | $51K | $169K | 10x |
BingX COOL-USDT
Gate COOL_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
- −$63
- Price spread: −0.456% → +0.496%
- −$95.25
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$183.25
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 49 min ago; Gate: live order book, 16 min ago. Net counts fees only.
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, 49 min ago | 195.44 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 16 min ago | 62.19 bp | 2406.0 bp −$2,406 | doesn't fit | doesn't fit | doesn't fit |
COOL on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate COOL_USDTshort | +0.0100% | 4h | 0.001527 | −0.456% | $51K | $169K | 10x | |
| MEXC COOL_USDT | +0.0400% | 4h | 0.001529 | −0.326% | $28K | $90K | 20x | as long as short |
| BingX COOL-USDTlong | +0.0400% | 4h | 0.001534 | long leg | — | $332K | — |
MEXC COOL_USDT