Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: BingX against Gate−0.093%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1311.306% of the position
Funding, last 7 days+0.236%+$24 on $10k
+Price spread, last 4 days (all we have)+0.198%+$20 · spread now −0.093%, 7d avg −0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.061% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GMT_USDT | 0.008580 | 0.0100 | pay 0.0100% / 8h | 7h 09m | $140K | $178K | 50x |
| Short | BingX GMT-USDT | 0.008572 | 0.0100 | get 0.0050% / 4h | 3h 09m | — | $1.3M | — |
Gate GMT_USDT
BingX GMT-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
- $0
- Price spread: −0.093% → −0.033%
- −$6.06
- Slippage, 4 orders
- −$105.6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$136.67
- Costs to cover
- 1.306%
- Break-even
- never at this rate
Slippage from Gate: live order book, 16 min ago; BingX: live order book, 6 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, 16 min ago | 11.78 bp | 40.9 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 4.66 bp | 22.3 bp −$22 | 63.7 bp −$637 | 522.5 bp −$52.2K | 983.4 bp −$491.7K |
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 | −0.1398% | 1h | 0.008575 | −0.058% | $43K | $13K | 20x | as long as short |
| Variational Omni GMT | −0.0121% | 8h | 0.008570 | −0.121% | $4K | $6K | — | as long as short |
| KuCoin GMTUSDTM | −0.0052% | 4h | 0.008560 | −0.233% | $243K | $205K | 50x | as long as short |
| Bybit GMTUSDT | +0.0076% | 8h | 0.008568 | −0.140% | $1.1M | $2.1M | 50x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008568 | −0.140% | $120K | $150K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008576 | −0.049% | $7K | $22K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008570 | −0.117% | $2.9M | $5.4M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008568 | −0.140% | $389K | $1.2M | 20x | as long as short |
| Gate GMT_USDTlong | +0.0100% | 8h | 0.008580 | long leg | $140K | $178K | 50x | |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008571 | −0.105% | $434K | $220K | 20x | as long as short |
Kraken Futures PF_GMTUSD
Variational Omni GMT
KuCoin GMTUSDTM
Bybit GMTUSDT
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
OKX GMT-USDT-SWAP
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 | 0.008578 | −0.023% | $735K | $695K | 50x | as long as short |
| BingX GMT-USDTshort | +0.0100% | 4h | 0.008572 | −0.093% | — | $1.3M | — |
Bitget GMTUSDT