Funding you earn now, next payment 00:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.51 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against BingX−0.134%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1811.813% of the position
Funding, last 7 days−0.151%−$15 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now −0.134%, 7d avg −0.119%
=The price spread sits at its 7-day average of −0.119%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CORE-USDT | 0.02234 | 0.0151 | pay 0.0151% / 8h | 2h 46m | — | $1.3M | — |
| Short | Gate CORE_USDT | 0.02231 | 0.0100 | get 0.0100% / 8h | 2h 46m | $170K | $167K | 25x |
BingX CORE-USDT
Gate CORE_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
- −$10.71
- Price spread: −0.134% → −0.119%
- −$1.5
- Slippage, 4 orders
- −$156.34
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$193.55
- Costs to cover
- 1.813%
- Break-even
- never at this rate
Slippage from BingX: live order book, 14 min ago; Gate: live order book, 36 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, 14 min ago | 8.90 bp | 25.4 bp −$25 | 72.5 bp −$725 | 932.2 bp −$93.2K | 1267.1 bp −$633.5K |
| Sell Gate live order book, 36 min ago | 6.71 bp | 69.7 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
CORE on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CORE | −0.0401% | 8h | 0.02229 | −0.223% | $8K | $872 | — | as long as short |
| Bybit COREUSDT | −0.0207% | 8h | 0.02231 | −0.134% | $1.4M | $827K | 20x | as long as short |
| OKX CORE-USDT-SWAP | +0.0100% | 8h | 0.02235 | +0.045% | $1.8M | $4.2M | 20x | as long as short |
| Gate CORE_USDTshort | +0.0100% | 8h | 0.02231 | −0.134% | $170K | $167K | 25x | |
| MEXC CORE_USDT | +0.0151% | 8h | 0.02235 | +0.045% | $881K | $206K | 100x | as long as short |
| BingX CORE-USDTlong | +0.0151% | 8h | 0.02234 | long leg | — | $1.3M | — |
Variational Omni CORE
Bybit COREUSDT
OKX CORE-USDT-SWAP
MEXC CORE_USDT