Funding you earn now, next payment 05:00 UTC−0.0476%/8h= −52.1% APRpaid last 24h +0.046%
Price spread now: Gate against BingX−0.977%7-day average −2.956% · you buy dearer than you sell
Net, funding: paid 7d − costs+$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$396as in the Price arb table
costs, in and out, $10k−$5945.943% of the position
Funding, last 7 days+6.595%+$659 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now −0.977%, 7d avg −2.956%
=The price spread pays, funding is against you. Gate is 1.979% dearer against BingX than usual: you sell high and buy low (spread −0.977% now, against its 7-day average of −2.956%): +$198 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 14 days. Mind the row above: over the last 7 days funding on this pair paid +6.595%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ONE-USDT | 0.004044 | −0.0096 | get 0.0012% / 1h | 8m 20s | — | $5.5M | — |
| Short | Gate ONE_USDT | 0.004004 | −0.0572 | pay 0.0572% / 8h | 3h 08m | $1.7M | $15.4M | 20x |
BingX ONE-USDT
Gate ONE_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
- −$99.96
- Price spread: −0.977% → −2.956%
- $197.89
- Slippage, 4 orders
- −$569.29
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$496.36
- Costs to cover
- 5.943%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; Gate: live order book, 5 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, 11 min ago | 4.37 bp | 15.0 bp −$15 | 40.7 bp −$407 | 527.5 bp −$52.8K | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.47 bp | 236.0 bp −$236 | doesn't fit | doesn't fit | doesn't fit |
ONE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −5.3124% | 1h | 0.005226 | +29.244% | $6.3M | $235.8M | 10x | as long as short |
| Variational Omni ONE | −0.8094% | 1h | 0.004000 | −1.067% | $99K | $51K | — | as long as short |
| KuCoin ONEUSDTM | −0.3208% | 1h | 0.004181 | +3.401% | $3.9M | $12.3M | 30x | as long as short |
| BloFin ONE-USDT | −0.2143% | 1h | 0.004038 | −0.143% | $796K | $2.3M | 50x | as long as short |
| Aster ONEUSDT | −0.1894% | 1h | 0.004019 | −0.614% | $2.1M | $5.8M | 5x | as long as short |
| Bitget ONEUSDT | −0.1888% | 1h | 0.004050 | +0.153% | $1.9M | $31.4M | 20x | as long as short |
| Binance ONEUSDT | −0.1183% | 1h | 0.004021 | −0.557% | $13.8M | $332.4M | 50x | as long as short |
| MEXC ONE_USDT | −0.1176% | 1h | 0.004028 | −0.378% | $11.1M | $15.2M | 20x | as long as short |
| Gate ONE_USDTshort | −0.0572% | 8h | 0.004004 | −0.977% | $1.7M | $15.4M | 20x | |
| BingX ONE-USDTlong | −0.0096% | 1h | 0.004044 | long leg | — | $5.5M | — |
OKX ONE-USDT-SWAP
Variational Omni ONE
KuCoin ONEUSDTM
BloFin ONE-USDT
Aster ONEUSDT
Bitget ONEUSDT
Binance ONEUSDT
MEXC ONE_USDT