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

AT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0013%/8h= −1.4% APRnext payment $0.06 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BloFin−0.335%78s7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$731as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$7737.726% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.419%+$42 on $10k
Price spread, last 4 days (all we have)−0.073%−$7 · spread now −0.335%, 7d avg −0.057%
Together, before fees+0.346%+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.278% cheaper against BloFin than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.057%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.419%, so the current rate has only just turned against you. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AT-USDT0.15800.0113pay 0.0056% / 4h3m 49s$370K$8K50x
ShortGate AT_USDT0.15750.0100get 0.0050% / 4h3m 49s$152K$184K20x

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
−$2.63
Price spread: −0.335% → −0.057%
−$27.8
Slippage, 4 orders
−$745.56
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$802.99
Costs to cover
7.726%
Break-even
never at this rate
Slippage from BloFin: live order book, 31 min ago; Gate: live order book, 47 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, 31 min ago3.14 bp31.6 bp −$32145.7 bp −$1,457doesn't fitdoesn't fit
Sell Gate live order book, 47 min ago8.77 bp436.0 bp −$436doesn't fitdoesn't fitdoesn't fit

AT on 10 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 ATUSDT+0.0100%4h0.1578−0.133%$8.6M$3.5M50xas long as short
Bybit ATUSDT+0.0100%4h0.1578−0.114%$497K$946K25xas long as short
OKX AT-USDT-SWAP+0.0100%4h0.15800.000%$221K$512K20xas long as short
Gate AT_USDTshort+0.0100%4h0.1575−0.335%$152K$184K20x
MEXC AT_USDT+0.0100%4h0.1578−0.127%$252K$170K50xas long as short
KuCoin ATUSDTM+0.0100%4h0.1576−0.253%$261K$152K50xas long as short
Bitget ATUSDT+0.0100%4h0.1578−0.127%$681K$159K50xas long as short
BingX AT-USDT+0.0100%4h0.1577−0.190%$6.5Mas long as short
BloFin AT-USDTlong+0.0113%4h0.1580long leg$370K$8K50x
Aster ATUSDT+0.0156%4h0.1577−0.175%$32K$12K5xas long as short