Funding you earn now, next payment 04:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h −0.009%
Price spread now: BloFin against Gate0.000%108s7-day average −0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$243as 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−$2402.395% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)−0.204%−$20 · spread now 0.000%, 7d avg −0.067%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.067% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.067%. The two prices were read 108 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 | Gate API3_USDT | 0.2628 | 0.0100 | pay 0.0100% / 8h | 4h 05m | $126K | $113K | 50x |
| Short | BloFin API3-USDT | 0.2628 | 0.0141 | get 0.0070% / 4h | 5m 25s | $135K | $28K | 50x |
Gate API3_USDT
BloFin API3-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
- $8.56
- Price spread: 0.000% → −0.067%
- $6.73
- Slippage, 4 orders
- −$212.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$224.21
- Costs to cover
- 2.395%
- Break-even
- 190.3 days
Slippage from Gate: live order book, 45 min ago; BloFin: live order book, 16 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, 45 min ago | 7.68 bp | 41.2 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 16 min ago | 5.72 bp | 18.7 bp −$19 | 72.0 bp −$720 | doesn't fit | doesn't fit |
API3 on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster API3USDT | +0.0100% | 4h | 0.2624 | −0.152% | $2K | $3K | 5x | as long as short |
| Binance API3USDT | +0.0100% | 4h | 0.2624 | −0.152% | $2.6M | $2.0M | 50x | as long as short |
| Bybit API3USDT | +0.0100% | 4h | 0.2625 | −0.114% | $989K | $413K | 25x | as long as short |
| OKX API3-USDT-SWAP | +0.0100% | 4h | 0.2622 | −0.228% | $652K | $508K | 10x | as long as short |
| Gate API3_USDTlong | +0.0100% | 8h | 0.2628 | long leg | $126K | $113K | 50x | |
| MEXC API3_USDT | +0.0100% | 4h | 0.2623 | −0.190% | $465K | $275K | 50x | as long as short |
| KuCoin API3USDTM | +0.0100% | 4h | 0.2624 | −0.152% | $1.0M | $243K | 30x | as long as short |
| Bitget API3USDT | +0.0100% | 4h | 0.2623 | −0.190% | $654K | $197K | 20x | as long as short |
| BingX API3-USDT | +0.0100% | 4h | 0.2624 | −0.152% | — | $6.7M | — | as long as short |
| Variational Omni API3 | +0.0100% | 4h | 0.2627 | −0.056% | $6K | $1 | — | as long as short |
Aster API3USDT
Binance API3USDT
Bybit API3USDT
OKX API3-USDT-SWAP
MEXC API3_USDT
KuCoin API3USDTM
Bitget API3USDT
BingX API3-USDT
Variational Omni API3Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin API3-USDTshort | +0.0141% | 4h | 0.2628 | 0.000% | $135K | $28K | 50x | |
| Kraken Futures PF_API3USD | +0.2723% | 1h | 0.2631 | +0.108% | $13K | $3K | 10x | as long as short |
Kraken Futures PF_API3USD