Funding you earn now, next payment 00:00 UTC+0.0382%/8h= +41.8% APRnext payment +$1.91 per $10,000 · paid last 24h +0.106%
Price spread now: BloFin against Gate+0.050%108s7-day average +0.175% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,593as 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−$1,61616.162% of the position
Funding, last 7 days+0.232%+$23 on $10k
+Price spread, last 3 days (all we have)+1.476%+$148 · spread now +0.050%, 7d avg +0.175%
=Funding pays, the price is against you. BloFin is 0.125% cheaper against Gate than usual: you would sell low and buy high (spread +0.050% now, against its 7-day average of +0.175%). If the spread goes back, that is −$12 on $10k: about 26 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.232% in total) that is about 3.8 days. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.232% in total (about 12.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.91 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ACU_USDT | 0.1206 | 0.0100 | pay 0.0050% / 4h | 2h 35m | $171K | $15K | 10x |
| Short | BloFin ACU-USDT | 0.1206 | 0.0482 | get 0.0241% / 4h | 2h 35m | $119K | $59K | 10x |
Gate ACU_USDT
BloFin ACU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $80.21
- Price spread: +0.050% → +0.175%
- −$12.49
- Slippage, 4 orders
- −$1,589.18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1,548.46
- Costs to cover
- 16.162%
- Break-even
- 142.1 days
Slippage from Gate: live order book, 48 min ago; BloFin: live order book, 44 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, 48 min ago | 21.22 bp | 551.0 bp −$551 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 44 min ago | 6.66 bp | 34.5 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
ACU 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACUUSDT | +0.0100% | 4h | 0.1205 | −0.058% | $830K | $552K | 13x | as long as short |
| OKX ACU-USDT-SWAP | +0.0100% | 4h | 0.1203 | −0.207% | $220K | $275K | 10x | as long as short |
| Gate ACU_USDTlong | +0.0100% | 4h | 0.1206 | long leg | $171K | $15K | 10x | |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1202 | −0.290% | $556K | $30K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1204 | −0.158% | $2K | $1.1M | 20x | as long as short |
| Aster ACUUSDT | +0.0233% | 4h | 0.1205 | −0.071% | $2K | $5K | 5x | as long as short |
| Binance ACUUSDT | +0.0436% | 4h | 0.1206 | +0.015% | $2.5M | $1.3M | 10x | as long as short |
| MEXC ACU_USDT | +0.0444% | 4h | 0.1206 | 0.000% | $13.7M | $344K | 50x | as long as short |
| BloFin ACU-USDTshort | +0.0482% | 4h | 0.1206 | +0.050% | $119K | $59K | 10x | |
| BingX ACU-USDT | +0.0552% | 4h | 0.1207 | +0.083% | — | $1.3M | — | as long as short |
Bybit ACUUSDT
OKX ACU-USDT-SWAP
KuCoin ACUUSDTM
SunX ACU-USDT
Aster ACUUSDT
Binance ACUUSDT
MEXC ACU_USDT
BingX ACU-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ACUUSDT | +0.0554% | 4h | 0.1210 | +0.332% | $253K | $237K | 10x | as long as short |
Bitget ACUUSDT