Funding you earn now, next payment 00:00 UTC−0.0504%/8h= −55.2% APRnext payment −$2.52 per $10,000 · paid last 24h −0.031%
Price spread now: BingX against Gate−0.175%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2162.158% of the position
Funding, last 7 days+1.363%+$136 on $10k
+Price spread, last 4 days (all we have)+0.183%+$18 · spread now −0.175%, 7d avg −0.017%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and BingX is 0.158% cheaper against Gate than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.017%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.363%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VTHO_USDT | 0.0006838 | −0.0598 | get 0.0299% / 4h | 2h 22m | $395K | $334K | 25x |
| Short | BingX VTHO-USDT | 0.0006826 | −0.1102 | pay 0.0551% / 4h | 2h 22m | — | $1.4M | — |
Gate VTHO_USDT
BingX VTHO-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
- −$105.84
- Price spread: −0.175% → −0.017%
- −$15.83
- Slippage, 4 orders
- −$190.79
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$337.45
- Costs to cover
- 2.158%
- Break-even
- never at this rate
Slippage from Gate: live order book, 62 min ago; BingX: live order book, 4 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 | 11.75 bp | 64.3 bp −$64 | 9779.9 bp −$97.8K | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 4.41 bp | 18.3 bp −$18 | 75.1 bp −$751 | 567.1 bp −$56.7K | 825.6 bp −$412.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC VTHO_USDT | −0.1130% | 4h | 0.0006819 | −0.278% | $1.7M | $182K | 20x | as long as short |
| Binance VTHOUSDT | −0.1113% | 4h | 0.0006819 | −0.281% | $5.0M | $11.4M | 50x | as long as short |
| BingX VTHO-USDTshort | −0.1102% | 4h | 0.0006826 | −0.175% | — | $1.4M | — | |
| Bitget VTHOUSDT | −0.0950% | 4h | 0.0006820 | −0.263% | $1.2M | $1.1M | 50x | as long as short |
| Gate VTHO_USDTlong | −0.0598% | 4h | 0.0006838 | long leg | $395K | $334K | 25x |
MEXC VTHO_USDT
Binance VTHOUSDT
Bitget VTHOUSDT