Funding you earn now, next payment 00:00 UTC−0.0352%/8h= −38.5% APRnext payment −$1.76 per $10,000 · paid last 24h −0.123%
Price spread now: Gate against BingX−0.073%7-day average −0.231% · you buy dearer than you sell
Net, funding: paid 7d − costs−$287as in the Funding arb table
Net, price: spread back to 7d avg − costs−$227as in the Price arb table
costs, in and out, $10k−$2422.425% of the position
Funding, last 7 days−0.440%−$44 on $10k
+Price spread, last 7 days−0.204%−$20 · spread now −0.073%, 7d avg −0.231%
=The price spread pays, funding is against you. Gate is 0.157% dearer against BingX than usual: you sell high and buy low (spread −0.073% now, against its 7-day average of −0.231%): +$16 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX US-USDT | 0.01635 | 0.0452 | pay 0.0226% / 4h | 1h 38m | — | $1.3M | — |
| Short | Gate US_USDT | 0.01634 | 0.0100 | get 0.0050% / 4h | 1h 38m | $2.1M | $548K | 20x |
BingX US-USDT
Gate US_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
- −$73.92
- Price spread: −0.073% → −0.231%
- $15.74
- Slippage, 4 orders
- −$217.49
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$300.67
- Costs to cover
- 2.425%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 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, 8 min ago | 4.89 bp | 53.6 bp −$54 | 239.7 bp −$2,397 | 1143.6 bp −$114.4K | doesn't fit |
| Sell Gate live order book, 5 min ago | 4.59 bp | 77.9 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
US 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.0098% | 4h | 0.01632 | −0.177% | $4.2M | $277K | 20x | as long as short |
| Aster USUSDT | +0.0100% | 4h | 0.01635 | −0.003% | $12K | $55K | 5x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01634 | −0.049% | $3.2M | $853K | 20x | as long as short |
| Gate US_USDTshort | +0.0100% | 4h | 0.01634 | −0.073% | $2.1M | $548K | 20x | |
| Variational Omni US | +0.0100% | 4h | 0.01637 | +0.123% | $16K | $3K | — | as long as short |
| MEXC US_USDT | +0.0132% | 4h | 0.01635 | −0.006% | $5.5M | $115K | 100x | as long as short |
| Binance USUSDT | +0.0132% | 4h | 0.01633 | −0.086% | $9.1M | $3.1M | 10x | as long as short |
| Extended US-USD | +0.0136% | 1h | 0.01635 | +0.012% | $4K | $141K | 5x | as long as short |
| BloFin US-USDT | +0.0174% | 4h | 0.01636 | +0.098% | $478K | $49K | 10x | as long as short |
| BingX US-USDTlong | +0.0452% | 4h | 0.01635 | long leg | — | $1.3M | — |
KuCoin USUSDTM
Aster USUSDT
Bybit USUSDT
Variational Omni US
MEXC US_USDT
Binance USUSDT
Extended US-USD
BloFin US-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USUSDT | +0.0472% | 4h | 0.01637 | +0.110% | $4.3M | $248K | 10x | as long as short |
Bitget USUSDT