Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Gate+0.096%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$405as in the Funding arb table
Net, price: spread back to 7d avg − costs−$406as in the Price arb table
costs, in and out, $10k−$4174.173% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.096%, 7d avg −0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.113% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate USUAL_USDT | 0.01357 | 0.0100 | pay 0.0100% / 8h | 2h 23m | $906K | $251K | 50x |
| Short | BingX USUAL-USDT | 0.01358 | 0.0100 | get 0.0050% / 4h | 2h 23m | — | $1.2M | — |
Gate USUAL_USDT
BingX USUAL-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
- $0
- Price spread: +0.096% → −0.017%
- $11.29
- Slippage, 4 orders
- −$392.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$406.01
- Costs to cover
- 4.173%
- Break-even
- never at this rate
Slippage from Gate: live order book, 62 min ago; BingX: live order book, 1 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, 62 min ago | 11.01 bp | 166.8 bp −$167 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 5.53 bp | 46.5 bp −$47 | 158.1 bp −$1,581 | 565.4 bp −$56.5K | 837.8 bp −$418.9K |
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 | −0.4964% | 1h | 0.01338 | −1.400% | $6K | $2K | 5.5x | as long as short |
| Kraken Futures PF_USUALUSD | −0.0743% | 1h | 0.01358 | +0.045% | $110K | $23K | 10x | as long as short |
| Hyperliquid USUAL | +0.0100% | 1h | 0.01357 | 0.000% | $388K | $230K | 3x | as long as short |
| Binance USUALUSDT | +0.0100% | 4h | 0.01356 | −0.039% | $2.1M | $3.5M | 50x | as long as short |
| Bybit USUALUSDT | +0.0100% | 4h | 0.01358 | +0.111% | $1.0M | $946K | 25x | as long as short |
| Gate USUAL_USDTlong | +0.0100% | 8h | 0.01357 | long leg | $906K | $251K | 50x | |
| MEXC USUAL_USDT | +0.0100% | 4h | 0.01357 | −0.015% | $5.9M | $268K | 100x | as long as short |
| KuCoin USUALUSDTM | +0.0100% | 4h | 0.01360 | +0.221% | $281K | $64K | 20x | as long as short |
| Bitget USUALUSDT | +0.0100% | 4h | 0.01358 | +0.074% | $823K | $506K | 50x | as long as short |
| BingX USUAL-USDTshort | +0.0100% | 4h | 0.01358 | +0.096% | — | $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 | 0.01357 | +0.011% | $9K | $208 | — | as long as short |
Variational Omni USUAL