Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against BingX+0.058%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$326as in the Funding arb table
Net, price: spread back to 7d avg − costs−$310as in the Price arb table
costs, in and out, $10k−$3143.136% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.058%, 7d avg +0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.037% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX USUAL-USDT | 0.01389 | 0.0100 | pay 0.0050% / 4h | 2h 56m | — | $1.2M | — |
| Short | Gate USUAL_USDT | 0.01390 | 0.0100 | get 0.0100% / 8h | 2h 56m | $940K | $108K | 50x |
BingX USUAL-USDT
Gate USUAL_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
- $0
- Price spread: +0.058% → +0.021%
- $3.69
- Slippage, 4 orders
- −$288.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$309.86
- Costs to cover
- 3.136%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Gate: live order book, 55 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, 3 min ago | 7.24 bp | 20.1 bp −$20 | 104.4 bp −$1,044 | 549.0 bp −$54.9K | 806.9 bp −$403.5K |
| Sell Gate live order book, 55 min ago | 7.10 bp | 125.3 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
USUAL 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USUAL/USDC PERP | −0.3949% | 1h | 0.01365 | −1.742% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | +0.0085% | 1h | 0.01387 | −0.155% | $110K | $21K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01388 | −0.086% | $397K | $190K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01389 | −0.021% | $2.2M | $3.4M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01391 | +0.130% | $1.1M | $788K | 25x | as long as short |
| Gate USUAL_USDTshort | +0.0100% | 8h | 0.01390 | +0.058% | $940K | $108K | 50x | |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01389 | −0.022% | $6.1M | $255K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01388 | −0.086% | $255K | $62K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01390 | +0.058% | $803K | $404K | 50x | as long as short |
| BingX USUAL-USDTlong | +0.0100% | 4h | 0.01389 | long leg | — | $1.2M | — |
Injective USUAL/USDC PERP
Kraken Futures PF_USUALUSD
Hyperliquid USUAL
Binance USUALUSDT
Bybit USUALUSDT
MEXC USUAL_USDT
KuCoin USUALUSDTM
Bitget USUALUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni USUAL | +0.0100% | 4h | 0.01383 | −0.431% | $10K | $1K | — | as long as short |
Variational Omni USUAL