Funding you earn now, next payment 04:00 UTC+0.0902%/8h= +98.8% APRnext payment +$4.51 per $10,000 · paid last 24h +0.152%
Price spread now: Gate against BingX−0.023%7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1371.374% of the position
Funding, last 7 days+0.095%+$10 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.023%, 7d avg +0.061%
=Funding pays, the price is against you. Gate is 0.084% cheaper against BingX than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.061%). If the spread goes back, that is −$8 on $10k: about 7 hours of funding at the current rate (+$27 a day). At the pace of the last 7 days (+0.095% in total) that is about 6.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.095% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX RIF-USDT | 0.08818 | 0.0070 | pay 0.0035% / 4h | 1h 31m | — | $2.3M | — |
| Short | Gate RIF_USDT | 0.08816 | 0.0972 | get 0.0486% / 4h | 1h 31m | $148K | $412K | 20x |
BingX RIF-USDT
Gate RIF_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
- $189.42
- Price spread: −0.023% → +0.061%
- −$8.38
- Slippage, 4 orders
- −$112.38
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $43.67
- Costs to cover
- 1.374%
- Break-even
- 5.4 days
Slippage from BingX: live order book, 2 min ago; Gate: live order book, 29 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, 2 min ago | 2.27 bp | 20.0 bp −$20 | 100.0 bp −$1,000 | 412.3 bp −$41.2K | 444.9 bp −$222.4K |
| Sell Gate live order book, 29 min ago | 6.24 bp | 38.4 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
RIF on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX RIF-USDTlong | +0.0070% | 4h | 0.08818 | long leg | — | $2.3M | — | |
| Aster RIFUSDT | +0.0100% | 4h | 0.08816 | −0.019% | $74K | $8K | 5x | as long as short |
| Binance RIFUSDT | +0.0100% | 4h | 0.08813 | −0.057% | $2.0M | $3.0M | 50x | as long as short |
| MEXC RIF_USDT | +0.0100% | 4h | 0.08815 | −0.034% | $9.1M | $66K | 20x | as long as short |
| KuCoin RIFUSDTM | +0.0100% | 4h | 0.08799 | −0.219% | $57K | $37K | 20x | as long as short |
| Gate RIF_USDTshort | +0.0972% | 4h | 0.08816 | −0.023% | $148K | $412K | 20x |
Aster RIFUSDT
Binance RIFUSDT
MEXC RIF_USDT
KuCoin RIFUSDTM