Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Gate−0.041%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1341.338% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.041%, 7d avg +0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.054% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ME_USDT | 0.07290 | 0.0100 | pay 0.0100% / 8h | 1h 30m | $188K | $74K | 50x |
| Short | BingX ME-USDT | 0.07287 | 0.0100 | get 0.0050% / 4h | 1h 30m | — | $1.3M | — |
Funding 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: −0.041% → +0.013%
- −$5.42
- Slippage, 4 orders
- −$108.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$139.18
- Costs to cover
- 1.338%
- Break-even
- never at this rate
Slippage from Gate: live order book, 45 min ago; BingX: live order book, 16 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, 45 min ago | 13.55 bp | 40.9 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 5.47 bp | 23.6 bp −$24 | 72.9 bp −$729 | 560.1 bp −$56.0K | 788.3 bp −$394.2K |
ME on 13 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 ME-USDT | +0.0082% | 4h | 0.07300 | +0.137% | $106K | $7K | 50x | as long as short |
| Hyperliquid ME | +0.0100% | 1h | 0.07289 | −0.014% | $229K | $96K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07285 | −0.069% | $17K | $11K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07286 | −0.048% | $2.1M | $3.8M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07287 | −0.041% | $1.4M | $642K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07272 | −0.247% | $458K | $974K | 20x | as long as short |
| Gate ME_USDTlong | +0.0100% | 8h | 0.07290 | long leg | $188K | $74K | 50x | |
| MEXC ME_USDT | +0.0100% | 4h | 0.07287 | −0.041% | $490K | $129K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07293 | +0.041% | $203K | $25K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07290 | 0.000% | $631K | $416K | 25x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDTshort | +0.0100% | 4h | 0.07287 | −0.041% | — | $1.3M | — | |
| Variational Omni ME | +0.0100% | 4h | 0.07319 | +0.400% | $11K | $2K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07294 | +0.056% | $26K | — | 15x | as long as short |
Gate ME_USDT
BingX ME-USDT
BloFin ME-USDT
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
Variational Omni ME