Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Gate against BingX+0.118%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1331.327% of the position
Funding, last 7 days−0.268%−$27 on $10k
+Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.118%, 7d avg +0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.088% dearer against BingX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GMT-USDT | 0.008470 | 0.0100 | pay 0.0050% / 4h | 3h 57m | — | $1.3M | — |
| Short | Gate GMT_USDT | 0.008480 | 0.0100 | get 0.0100% / 8h | 7h 57m | $138K | $176K | 50x |
BingX GMT-USDT
Gate GMT_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
- $0
- Price spread: +0.118% → +0.030%
- $8.76
- Slippage, 4 orders
- −$107.7
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$123.95
- Costs to cover
- 1.327%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; Gate: live order book, 33 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, 13 min ago | 5.91 bp | 26.4 bp −$26 | 68.5 bp −$685 | 510.8 bp −$51.1K | 771.4 bp −$385.7K |
| Sell Gate live order book, 33 min ago | 11.89 bp | 41.4 bp −$41 | doesn't fit | 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 | −0.1414% | 1h | 0.008476 | +0.074% | $43K | $13K | 20x | as long as short |
| Variational Omni GMT | −0.0176% | 8h | 0.008485 | +0.175% | $4K | $6K | — | as long as short |
| KuCoin GMTUSDTM | −0.0084% | 4h | 0.008470 | 0.000% | $240K | $204K | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0059% | 4h | 0.008469 | −0.012% | $387K | $1.3M | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008477 | +0.083% | $122K | $151K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008480 | +0.118% | $7K | $24K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008475 | +0.055% | $2.8M | $5.6M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008476 | +0.071% | $1.1M | $2.1M | 50x | as long as short |
| Gate GMT_USDTshort | +0.0100% | 8h | 0.008480 | +0.118% | $138K | $176K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008474 | +0.047% | $447K | $213K | 20x | as long as short |
Kraken Futures PF_GMTUSD
Variational Omni GMT
KuCoin GMTUSDTM
OKX GMT-USDT-SWAP
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
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 | 0.008485 | +0.177% | $710K | $654K | 50x | as long as short |
| BingX GMT-USDTlong | +0.0100% | 4h | 0.008470 | long leg | — | $1.3M | — |
Bitget GMTUSDT