Settings8H · net · $10k
Funding arb · Price arb /

APR

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0333%/8h= +36.4% APRnext payment +$1.66 per $10,000 · paid last 24h +0.109%
Price spread now: Gate against BloFin−0.163%7-day average −0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$539as in the Funding arb table
Net, price: spread back to 7d avg − costs−$598as in the Price arb table
costs, in and out, $10k−$5965.963% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.573%+$57 on $10k
Price spread, last 4 days (all we have)−0.758%−$76 · spread now −0.163%, 7d avg −0.147%
Together, before fees−0.185%−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.147%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APR-USDT0.14680.0143pay 0.0072% / 4h3h 39m$287K$113K50x
ShortGate APR_USDT0.14660.0476get 0.0238% / 4h3h 39m$698K$196K25x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$69.83
Price spread: −0.163% → −0.147%
−$1.67
Slippage, 4 orders
−$569.25
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$528.09
Costs to cover
5.963%
Break-even
59.9 days
Slippage from BloFin: live order book, 35 min ago; Gate: live order book, 57 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 35 min ago3.40 bp23.4 bp −$23127.0 bp −$1,270doesn't fitdoesn't fit
Sell Gate live order book, 57 min ago13.96 bp253.4 bp −$253doesn't fitdoesn't fitdoesn't fit

APR on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance APRUSDT+0.0100%4h0.1467−0.068%$6.6M$5.2M50xas long as short
Bybit APRUSDT+0.0100%4h0.1467−0.068%$1.4M$651K20xas long as short
MEXC APR_USDT+0.0100%4h0.1466−0.136%$372K$172K50xas long as short
SunX APR-USDT+0.0100%4h0.1465−0.198%$1K$1.2M20xas long as short
HTX APR-USDT+0.0100%4h0.1472+0.272%$19K$37K20xas long as short
OKX APR-USDT-SWAP+0.0108%4h0.14680.000%$1.2M$2.5M20xas long as short
BloFin APR-USDTlong+0.0143%4h0.1468long leg$287K$113K50x
Bitget APRUSDT+0.0272%4h0.1466−0.129%$3.9M$1.0M50xas long as short
BingX APR-USDT+0.0294%4h0.1466−0.136%$1.4Mas long as short
Gate APR_USDTshort+0.0476%4h0.1466−0.163%$698K$196K25x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster APRUSDT+0.0625%4h0.1467−0.080%$70K$75K5xas long as short
KuCoin APRUSDTM+0.0834%4h0.1465−0.211%$2.3M$344K50xas long as short