Funding you earn now, next payment 08:00 UTC+0.0460%/8h= +50.4% APRnext payment +$2.30 per $10,000 · paid last 24h +0.173%
Price spread now: BingX against Gate+0.201%7-day average +0.226% · you sell dearer than you buy
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$266as in the Price arb table
costs, in and out, $10k−$2632.632% of the position
Funding, last 7 days+0.488%+$49 on $10k
+Price spread, last 7 days+0.071%+$7 · spread now +0.201%, 7d avg +0.226%
=Funding pays, the price is against you. BingX is 0.025% cheaper against Gate than usual: you would sell low and buy high (spread +0.201% now, against its 7-day average of +0.226%). If the spread goes back, that is −$2 on $10k: about 4 hours of funding at the current rate (+$14 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate US_USDT | 0.01639 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $2.1M | $602K | 20x |
| Short | BingX US-USDT | 0.01643 | 0.0560 | get 0.0280% / 4h | 2h 19m | — | $1.3M | — |
Gate US_USDT
BingX US-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
- $96.6
- Price spread: +0.201% → +0.226%
- −$2.46
- Slippage, 4 orders
- −$238.18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$169.04
- Costs to cover
- 2.632%
- Break-even
- 19.2 days
Slippage from Gate: live order book, 3 min ago; BingX: live order book, 9 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, 3 min ago | 15.53 bp | 72.3 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 6.40 bp | 51.4 bp −$51 | 108.5 bp −$1,085 | 755.3 bp −$75.5K | 1162.7 bp −$581.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01643 | +0.238% | $3.2M | $933K | 20x | as long as short |
| Gate US_USDTlong | +0.0100% | 4h | 0.01639 | long leg | $2.1M | $602K | 20x | |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01628 | −0.695% | $4.0M | $386K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01645 | +0.348% | $16K | $3K | — | as long as short |
| Bitget USUSDT | +0.0346% | 4h | 0.01644 | +0.268% | $4.3M | $263K | 10x | as long as short |
| Aster USUSDT | +0.0463% | 4h | 0.01641 | +0.061% | $12K | $54K | 5x | as long as short |
| BingX US-USDTshort | +0.0560% | 4h | 0.01643 | +0.201% | — | $1.3M | — | |
| MEXC US_USDT | +0.0598% | 4h | 0.01641 | +0.091% | $5.5M | $115K | 100x | as long as short |
| BloFin US-USDT | +0.0598% | 4h | 0.01643 | +0.201% | $479K | $49K | 10x | as long as short |
| Extended US-USD | +0.0600% | 1h | 0.01641 | +0.097% | $1K | $169K | 5x | as long as short |
Bybit USUSDT
KuCoin USUSDTM
Variational Omni US
Bitget USUSDT
Aster USUSDT
MEXC US_USDT
BloFin US-USDT
Extended US-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance USUSDT | +0.0604% | 4h | 0.01641 | +0.120% | $9.1M | $3.2M | 10x | as long as short |
Binance USUSDT