Funding you earn now, next payment 08:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.60 per $10,000 · paid last 24h +0.080%
Price spread now: BingX against Gate−0.023%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1371.374% of the position
Funding, last 7 days+1.293%+$129 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.023%, 7d avg −0.095%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.072% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.095%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EGLD_USDT | 4.4190 | 0.0100 | pay 0.0100% / 8h | 5h 32m | $463K | $713K | 30x |
| Short | BingX EGLD-USDT | 4.4180 | 0.0160 | get 0.0160% / 8h | 5h 32m | — | $2.9M | — |
Gate EGLD_USDT
BingX EGLD-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
- $12.6
- Price spread: −0.023% → −0.095%
- $7.22
- Slippage, 4 orders
- −$112.42
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$117.6
- Costs to cover
- 1.374%
- Break-even
- 72.3 days
Slippage from Gate: live order book, 29 min ago; BingX: live order book, 2 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, 29 min ago | 6.78 bp | 47.5 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.66 bp | 26.1 bp −$26 | 56.1 bp −$561 | 266.3 bp −$26.6K | 828.3 bp −$414.1K |
EGLD on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSD | −0.0120% | 1h | 4.4194 | +0.010% | $440K | $697K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −17.176% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.4140 | −0.113% | $4.8M | $27.3M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.4120 | −0.158% | $2.7M | $8.8M | 75x | as long as short |
| Gate EGLD_USDTlong | +0.0100% | 8h | 4.4190 | long leg | $463K | $713K | 30x | |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.4150 | −0.091% | $4.1M | $3.5M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.4220 | +0.068% | $2.8M | $1.4M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.4170 | −0.045% | $2.3M | $4.3M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.4041 | −0.336% | $17K | $54K | — | as long as short |
| OKX EGLD-USDT-SWAP | +0.0159% | 8h | 4.4130 | −0.136% | $637K | $5.3M | 20x | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLD
OKX EGLD-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDTshort | +0.0160% | 8h | 4.4180 | −0.023% | — | $2.9M | — | |
| BloFin EGLD-USDT | +0.0220% | 8h | 4.4180 | −0.023% | $232K | $597K | 75x | as long as short |
BloFin EGLD-USDT