Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%
Price spread now: BingX against Gate−0.027%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1181.181% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.027%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.033% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ID_USDT | 0.03738 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $259K | $229K | 25x |
| Short | BingX ID-USDT | 0.03737 | 0.0100 | get 0.0050% / 4h | 2h 27m | — | $2.3M | — |
Gate ID_USDT
BingX ID-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: −0.027% → +0.006%
- −$3.3
- Slippage, 4 orders
- −$93.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$121.44
- Costs to cover
- 1.181%
- Break-even
- never at this rate
Slippage from Gate: live order book, 56 min ago; BingX: live order book, 11 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, 56 min ago | 6.71 bp | 33.8 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 6.70 bp | 25.1 bp −$25 | 55.3 bp −$553 | 377.8 bp −$37.8K | 449.5 bp −$224.8K |
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ID-USDT | +0.0050% | 4h | 0.03732 | −0.161% | $162K | $11K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03737 | −0.017% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03738 | 0.000% | $2.4M | $3.3M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03735 | −0.080% | $1.4M | $1.0M | 25x | as long as short |
| Gate ID_USDTlong | +0.0100% | 4h | 0.03738 | long leg | $259K | $229K | 25x | |
| MEXC ID_USDT | +0.0100% | 4h | 0.03737 | −0.027% | $344K | $137K | 20x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03739 | +0.027% | $775K | $561K | 50x | as long as short |
| BingX ID-USDTshort | +0.0100% | 4h | 0.03737 | −0.027% | — | $2.3M | — | |
| Variational Omni ID | +0.0100% | 8h | 0.03732 | −0.152% | $12K | $20K | — | as long as short |
| KuCoin IDUSDTM | +0.0242% | 4h | 0.03735 | −0.080% | $1.0M | $61K | 30x | as long as short |
BloFin ID-USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
MEXC ID_USDT
Bitget IDUSDT
Variational Omni ID
KuCoin IDUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0442% | 1h | 0.03738 | −0.011% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD