Funding you earn now, next payment 08:00 UTC−0.0538%/8h= −58.9% APRnext payment −$2.69 per $10,000 · paid last 24h +0.072%
Price spread now: BingX against Gate−0.383%7-day average +0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$416as in the Price arb table
costs, in and out, $10k−$3693.690% of the position
Funding, last 7 days+1.400%+$140 on $10k
+Price spread, last 4 days (all we have)+0.543%+$54 · spread now −0.383%, 7d avg +0.088%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and BingX is 0.471% cheaper against Gate than usual: you would sell low and buy high (−$47 if the spread goes back to its 7-day average of +0.088%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.400%, 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 | Gate STONK_USDT | 0.3344 | 0.4482 | pay 0.2241% / 4h | 1h 30m | $958K | $2.1M | 10x |
| Short | BingX STONK-USDT | 0.3331 | 0.3944 | get 0.1972% / 4h | 1h 30m | — | $916K | — |
Gate STONK_USDT
BingX STONK-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
- −$112.98
- Price spread: −0.383% → +0.088%
- −$47.1
- Slippage, 4 orders
- −$343.96
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$529.05
- Costs to cover
- 3.690%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; BingX: live order book, 43 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, 2 min ago | 15.71 bp | 137.0 bp −$137 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 43 min ago | 13.71 bp | 45.7 bp −$46 | 185.3 bp −$1,853 | 1161.5 bp −$116.2K | 1290.9 bp −$645.5K |
STONK on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC STONK_USDT | +0.0120% | 4h | 0.3331 | −0.371% | $792K | $1.0M | 20x | as long as short |
| Bitget STONKUSDT | +0.0136% | 4h | 0.3338 | −0.179% | $429K | $2.2M | 10x | as long as short |
| Lighter STONK | +0.1256% | 1h | 0.3339 | −0.132% | $344K | $525K | 5x | as long as short |
| Phoenix STONK | +0.1741% | 1h | 0.3348 | +0.123% | $211K | $135K | 3x | as long as short |
| Bybit STONKUSDT | +0.2694% | 4h | 0.3330 | −0.413% | $1.5M | $6.3M | 5x | as long as short |
| Aster STONKUSDT | +0.3039% | 1h | 0.3343 | −0.024% | $465K | $1.1M | 10x | as long as short |
| BloFin STONK-USDT | +0.3386% | 4h | 0.3339 | −0.144% | $91K | $194K | 5x | as long as short |
| BingX STONK-USDTshort | +0.3944% | 4h | 0.3331 | −0.383% | — | $916K | — | |
| Gate STONK_USDTlong | +0.4482% | 4h | 0.3344 | long leg | $958K | $2.1M | 10x |
MEXC STONK_USDT
Bitget STONKUSDT
Lighter STONK
Phoenix STONK
Bybit STONKUSDT
Aster STONKUSDT
BloFin STONK-USDT