Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.012%
Price spread now: BloFin against Gate−0.166%7-day average +0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$289as in the Funding arb table
Net, price: spread back to 7d avg − costs−$315as in the Price arb table
costs, in and out, $10k−$2882.884% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+0.229%+$23 · spread now −0.166%, 7d avg +0.100%
=Funding pays, the price is against you. BloFin is 0.265% cheaper against Gate than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of +0.100%). If the spread goes back, that is −$27 on $10k: about 3.7 days of funding at the current rate (+$7 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 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 AKT_USDT | 0.6641 | 0.0100 | pay 0.0050% / 4h | 0m 32s | $330K | $391K | 50x |
| Short | BloFin AKT-USDT | 0.6630 | 0.0340 | get 0.0170% / 4h | 0m 32s | $153K | $224K | 50x |
Gate AKT_USDT
BloFin AKT-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
- $50.4
- Price spread: −0.166% → +0.100%
- −$26.52
- Slippage, 4 orders
- −$261.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$264.52
- Costs to cover
- 2.884%
- Break-even
- 43.7 days
Slippage from Gate: live order book, 55 min ago; BloFin: live order book, 31 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, 55 min ago | 13.52 bp | 109.3 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 31 min ago | 3.02 bp | 36.0 bp −$36 | 66.8 bp −$668 | doesn't fit | doesn't fit |
AKT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AKTUSD | −0.1494% | 1h | 0.6642 | +0.018% | $22K | $79K | 10x | as long as short |
| Injective AKT/USDC PERP | +0.0033% | 1h | 0.6681 | +0.602% | $910 | $35K | 5.5x | as long as short |
| Binance AKTUSDT | +0.0100% | 4h | 0.6648 | +0.105% | $2.3M | $12.1M | 50x | as long as short |
| Bybit AKTUSDT | +0.0100% | 4h | 0.6654 | +0.196% | $1.8M | $5.9M | 25x | as long as short |
| Gate AKT_USDTlong | +0.0100% | 4h | 0.6641 | long leg | $330K | $391K | 50x | |
| MEXC AKT_USDT | +0.0100% | 4h | 0.6653 | +0.181% | $15.1M | $988K | 50x | as long as short |
| Bitget AKTUSDT | +0.0100% | 4h | 0.6656 | +0.226% | $1.3M | $1.0M | 50x | as long as short |
| BingX AKT-USDT | +0.0100% | 4h | 0.6657 | +0.241% | — | $1.5M | — | as long as short |
| Variational Omni AKT | +0.0100% | 4h | 0.6645 | +0.065% | $142K | $294K | — | as long as short |
| Extended AKT-USD | +0.0104% | 1h | 0.6647 | +0.086% | $85K | $517K | 10x | as long as short |
Kraken Futures PF_AKTUSD
Injective AKT/USDC PERP
Binance AKTUSDT
Bybit AKTUSDT
MEXC AKT_USDT
Bitget AKTUSDT
BingX AKT-USDT
Variational Omni AKT
Extended AKT-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin AKT-USDTshort | +0.0340% | 4h | 0.6630 | −0.166% | $153K | $224K | 50x |