Funding you earn now, next payment 04:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.28 per $10,000 · paid last 24h +0.004%
Price spread now: Gate against BloFin−0.011%93s7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$465as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$4714.709% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 3 days (all we have)−0.143%−$14 · spread now −0.011%, 7d avg +0.031%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.041% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.031%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.059%, so the current rate has only just turned against you. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin A-USDT | 0.09390 | 0.0157 | pay 0.0078% / 4h | 3h 19m | $150K | $8K | 75x |
| Short | Gate A_USDT | 0.09389 | 0.0100 | get 0.0050% / 4h | 3h 19m | $222K | $67K | 50x |
BloFin A-USDT
Gate A_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- −$11.87
- Price spread: −0.011% → +0.031%
- −$4.15
- Slippage, 4 orders
- −$443.9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$486.92
- Costs to cover
- 4.709%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 37 min ago; Gate: live order book, 47 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 BloFin live order book, 37 min ago | 0.54 bp | 11.3 bp −$11 | 65.7 bp −$657 | doesn't fit | doesn't fit |
| Sell Gate live order book, 47 min ago | 13.50 bp | 211.9 bp −$212 | doesn't fit | doesn't fit | doesn't fit |
A 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 A/USDC PERP | +0.0033% | 1h | 0.08945 | −4.739% | $1K | $5 | 5.5x | as long as short |
| Binance AUSDT | +0.0100% | 4h | 0.09400 | +0.108% | $2.9M | $3.2M | 75x | as long as short |
| Bybit AUSDT | +0.0100% | 4h | 0.09382 | −0.085% | $3.3M | $978K | 50x | as long as short |
| OKX A-USDT-SWAP | +0.0100% | 4h | 0.09392 | +0.021% | $735K | $526K | 10x | as long as short |
| Gate A_USDTshort | +0.0100% | 4h | 0.09389 | −0.011% | $222K | $67K | 50x | |
| MEXC A_USDT | +0.0100% | 4h | 0.09405 | +0.160% | $4.1M | $142K | 100x | as long as short |
| KuCoin AUSDTM | +0.0100% | 4h | 0.09402 | +0.128% | $688K | $53K | 75x | as long as short |
| Bitget AUSDT | +0.0100% | 4h | 0.09399 | +0.096% | $927K | $246K | 75x | as long as short |
| BingX A-USDT | +0.0100% | 4h | 0.09391 | +0.011% | — | $6.5M | — | as long as short |
| Variational Omni A | +0.0100% | 4h | 0.09370 | −0.213% | $1K | $1 | — | as long as short |
Injective A/USDC PERP
Binance AUSDT
Bybit AUSDT
OKX A-USDT-SWAP
MEXC A_USDT
KuCoin AUSDTM
Bitget AUSDT
BingX A-USDT
Variational Omni AShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin A-USDTlong | +0.0157% | 4h | 0.09390 | long leg | $150K | $8K | 75x |