Funding you earn now, next payment 00:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.029%
Price spread now: BloFin against Gate−0.125%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$660.658% of the position
Funding, last 7 days+0.205%+$20 on $10k
+Price spread, last 3 days (all we have)+1.192%+$119 · spread now −0.125%, 7d avg +0.025%
=Funding pays, the price is against you. BloFin is 0.150% cheaper against Gate than usual: you would sell low and buy high (spread −0.125% now, against its 7-day average of +0.025%). If the spread goes back, that is −$15 on $10k: about 40 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.205% in total) that is about 5.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ARB_USDT | 0.2237 | 0.0017 | pay 0.0017% / 8h | 2h 38m | $5.5M | $21.5M | 60x |
| Short | BloFin ARB-USDT | 0.2235 | 0.0030 | get 0.0030% / 8h | 2h 38m | $3.0M | $3.3M | 75x |
Gate ARB_USDT
BloFin ARB-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
- $2.63
- Price spread: −0.125% → +0.025%
- −$14.97
- Slippage, 4 orders
- −$38.82
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$78.16
- Costs to cover
- 0.658%
- Break-even
- 215.1 days
Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 5 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, 5 min ago | 2.70 bp | 18.7 bp −$19 | 35.7 bp −$357 | 103.8 bp −$10.4K | doesn't fit |
| Sell BloFin live order book, 5 min ago | 1.12 bp | 12.6 bp −$13 | 31.7 bp −$317 | doesn't fit | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1675% | 1h | 0.2219 | −0.818% | $40K | $107K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0336% | 1h | 0.2232 | −0.237% | $7K | $2K | 10x | as long as short |
| Bybit ARBUSDT | −0.0214% | 8h | 0.2236 | −0.040% | $56.6M | $136.3M | 50x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0197% | 1h | 0.2235 | −0.089% | $37K | $18K | 25x | as long as short |
| Variational Omni ARB | −0.0184% | 8h | 0.2232 | −0.230% | $1.9M | $2.8M | — | as long as short |
| SoDEX ARB-USD | −0.0073% | 1h | 0.2234 | −0.156% | $4K | $2.9M | 5x | as long as short |
| OKX ARB-USDT-SWAP | −0.0069% | 8h | 0.2236 | −0.067% | $22.2M | $165.8M | 50x | as long as short |
| MEXC ARB_USDT | −0.0069% | 8h | 0.2235 | −0.103% | $37.6M | $63.3M | 200x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2235 | −0.082% | $1.1M | $5.3M | 50x | as long as short |
| Orderly PERP_ARB_USDC | −0.0010% | 8h | 0.2234 | −0.147% | $10K | $386K | 10x | as long as short |
Injective ARB/USDC PERP
01 Exchange ARBUSD
Bybit ARBUSDT
Deribit ARB_USDC-PERPETUAL
Variational Omni ARB
SoDEX ARB-USD
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Kraken Futures PF_ARBUSD
Orderly PERP_ARB_USDCShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ARB-USD | 0.0000% | 1h | 0.2238 | +0.021% | $66K | $4K | 10x | as long as short |
| Polymarket Perps ARB-USD | +0.0002% | 1h | 0.2234 | −0.147% | $77K | $2.3M | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2236 | −0.068% | $55K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0008% | 8h | 0.2237 | −0.026% | $63.7M | $326.4M | 75x | as long as short |
| Extended ARB-USD | +0.0008% | 1h | 0.2236 | −0.077% | $355K | $2.5M | 25x | as long as short |
| Gate ARB_USDTlong | +0.0017% | 8h | 0.2237 | long leg | $5.5M | $21.5M | 60x | |
| BloFin ARB-USDTshort | +0.0030% | 8h | 0.2235 | −0.125% | $3.0M | $3.3M | 75x | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2236 | −0.064% | $146K | $12K | 3x | as long as short |
| BingX ARB-USDT | +0.0083% | 8h | 0.2237 | −0.031% | — | $54.0M | — | as long as short |
| Bitget ARBUSDT | +0.0084% | 8h | 0.2237 | −0.013% | $21.0M | $38.8M | 50x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2237 | +0.004% | $1.3M | $7.7M | 15x | as long as short |
| ApeX Omni ARBUSDT | +0.0097% | 1h | 0.2230 | −0.326% | $121K | $297K | 50x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2239 | +0.080% | $40.1M | $53.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2236 | −0.043% | $696K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2238 | +0.021% | $46K | $205K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2238 | +0.013% | $20.7M | $17.1M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2231 | −0.282% | $38K | $448K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2231 | −0.293% | $478K | $4.1M | 10x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2232 | −0.237% | $2K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2234 | −0.165% | $275K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2234 | −0.147% | $5.4M | $13.8M | 50x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0276% / S −0.0168% | 1h | 0.2236 | −0.070% | $820K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2235 | −0.103% | $507K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2233 | −0.175% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0531% | 1h | 0.2239 | +0.080% | $1.1M | $2.8M | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2234 | −0.136% | $490K | $2.9M | 10x | as long as short |
dYdX ARB-USD
Polymarket Perps ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Aevo ARB-PERP
BingX ARB-USDT
Bitget ARBUSDT
Lighter ARB
ApeX Omni ARBUSDT
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP
RISEx ARB/USDC