Funding you earn now, next payment 00:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.26 per $10,000 · paid last 24h +0.001%
Price spread now: Gate against BloFin−0.045%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1881.877% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 3 days (all we have)−0.004%$0 · spread now −0.045%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.021% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AIXBT-USDT | 0.02236 | 0.0151 | pay 0.0076% / 4h | 2h 02m | $118K | $63K | 50x |
| Short | Gate AIXBT_USDT | 0.02235 | 0.0100 | get 0.0050% / 4h | 2h 02m | $192K | $79K | 25x |
Funding 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
- −$10.73
- Price spread: −0.045% → −0.024%
- −$2.11
- Slippage, 4 orders
- −$160.73
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$200.57
- Costs to cover
- 1.877%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 10 min ago; Gate: live order book, 14 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, 10 min ago | 2.23 bp | 35.1 bp −$35 | 71.7 bp −$717 | doesn't fit | doesn't fit |
| Sell Gate live order book, 14 min ago | 11.10 bp | 76.7 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
AIXBT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AIXBTUSD | −0.1940% | 1h | 0.02235 | −0.044% | $19K | $7K | 10x | as long as short |
| Variational Omni AIXBT | −0.0075% | 4h | 0.02229 | −0.295% | $98K | $11K | — | as long as short |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02235 | −0.045% | $371K | $179K | 3x | as long as short |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02233 | −0.128% | $2.3M | $2.9M | 50x | as long as short |
| Bybit AIXBTUSDT | +0.0100% | 4h | 0.02232 | −0.179% | $1.2M | $959K | 25x | as long as short |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02232 | −0.179% | $446K | $1.5M | 20x | as long as short |
| Gate AIXBT_USDTshort | +0.0100% | 4h | 0.02235 | −0.045% | $192K | $79K | 25x | |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02234 | −0.089% | $457K | $185K | 100x | as long as short |
| KuCoin AIXBTUSDTM | +0.0100% | 4h | 0.02235 | −0.045% | $1.1M | $1.4M | 30x | as long as short |
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02235 | −0.045% | $635K | $459K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02233 | −0.134% | — | $6.6M | — | as long as short |
| BloFin AIXBT-USDTlong | +0.0151% | 4h | 0.02236 | long leg | $118K | $63K | 50x | |
| GMX AIXBT/USD [ETH-USDC] | L +0.0269% / S −0.0489% | 1h | 0.02236 | −0.018% | $5K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02233 | −0.151% | — | — | — | as long as short |
BloFin AIXBT-USDT
Gate AIXBT_USDT
Kraken Futures PF_AIXBTUSD
Variational Omni AIXBT
Hyperliquid AIXBT
Binance AIXBTUSDT
Bybit AIXBTUSDT
OKX AIXBT-USDT-SWAP
MEXC AIXBT_USDT
KuCoin AIXBTUSDTM
Bitget AIXBTUSDT
BingX AIXBT-USDT
GMX AIXBT/USD [ETH-USDC]