Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against BingX+0.165%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$1031.031% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 7 days−0.202%−$20 · spread now +0.165%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.165% dearer against BingX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GMT-USDT | 0.008510 | 0.0100 | pay 0.0050% / 4h | 1h 37m | — | $1.2M | — |
| Short | Binance GMTUSDT | 0.008524 | 0.0100 | get 0.0050% / 4h | 1h 37m | $2.9M | $5.0M | 50x |
BingX GMT-USDT
Binance GMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0
- Price spread: +0.165% → 0.000%
- $16.5
- Slippage, 4 orders
- −$83.08
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$86.58
- Costs to cover
- 1.031%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Binance: live order book, 15 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, 7 min ago | 5.84 bp | 27.2 bp −$27 | 75.8 bp −$758 | 597.2 bp −$59.7K | 908.1 bp −$454.1K |
| Sell Binance live order book, 15 min ago | 2.92 bp | 28.6 bp −$29 | 91.6 bp −$916 | doesn't fit | doesn't fit |
GMT 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_GMTUSD | −0.1566% | 1h | 0.008548 | +0.443% | $44K | $13K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0492% | 4h | 0.008540 | +0.353% | $280K | $192K | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0260% | 4h | 0.008510 | 0.000% | $392K | $1.1M | 20x | as long as short |
| Bybit GMTUSDT | −0.0231% | 8h | 0.008513 | +0.035% | $1.1M | $1.9M | 50x | as long as short |
| Gate GMT_USDT | −0.0046% | 8h | 0.008520 | +0.118% | $150K | $176K | 50x | as long as short |
| Aster GMTUSDT | +0.0042% | 4h | 0.008521 | +0.124% | $8K | $21K | 10x | as long as short |
| Variational Omni GMT | +0.0083% | 8h | 0.008552 | +0.497% | $4K | $5K | — | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008523 | +0.153% | $116K | $147K | 3x | as long as short |
| Binance GMTUSDTshort | +0.0100% | 4h | 0.008524 | +0.165% | $2.9M | $5.0M | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008513 | +0.035% | $441K | $211K | 20x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
OKX GMT-USDT-SWAP
Bybit GMTUSDT
Gate GMT_USDT
Aster GMTUSDT
Variational Omni GMT
Hyperliquid GMT
MEXC GMT_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDT | +0.0100% | 4h | 0.008521 | +0.129% | $674K | $620K | 50x | as long as short |
| BingX GMT-USDTlong | +0.0100% | 4h | 0.008510 | long leg | — | $1.2M | — |
Bitget GMTUSDT