Funding you earn now, next payment 08:00 UTC−0.0972%/8h= −106.4% APRnext payment −$4.86 per $10,000 · paid last 24h −0.072%
Price spread now: Gate against BingX−0.059%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1451.454% of the position
Funding, last 7 days−1.280%−$128 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.059%, 7d avg +0.026%
=Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and Gate is 0.084% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VTHO-USDT | 0.0006816 | −0.1262 | get 0.0631% / 4h | 1h 34m | — | $1.4M | — |
| Short | Gate VTHO_USDT | 0.0006812 | −0.2234 | pay 0.1117% / 4h | 1h 34m | $342K | $515K | 25x |
Funding 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
- −$204.12
- Price spread: −0.059% → +0.026%
- −$8.42
- Slippage, 4 orders
- −$120.39
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$357.93
- Costs to cover
- 1.454%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Gate: live order book, 6 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, 2 min ago | 2.94 bp | 18.0 bp −$18 | 62.4 bp −$624 | 650.3 bp −$65.0K | 902.7 bp −$451.4K |
| Sell Gate live order book, 6 min ago | 2.20 bp | 51.4 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
VTHO on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate VTHO_USDTshort | −0.2234% | 4h | 0.0006812 | −0.059% | $342K | $515K | 25x | |
| Binance VTHOUSDT | −0.1353% | 4h | 0.0006819 | +0.044% | $4.9M | $14.5M | 50x | as long as short |
| MEXC VTHO_USDT | −0.1348% | 4h | 0.0006818 | +0.029% | $1.7M | $213K | 20x | as long as short |
| BingX VTHO-USDTlong | −0.1262% | 4h | 0.0006816 | long leg | — | $1.4M | — | |
| Bitget VTHOUSDT | −0.0964% | 4h | 0.0006818 | +0.029% | $1.2M | $1.4M | 50x | as long as short |
BingX VTHO-USDT
Gate VTHO_USDT
Binance VTHOUSDT
MEXC VTHO_USDT
Bitget VTHOUSDT