ATH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.004%

Price spread now: BloFin against Gate+0.126%63s7-day average +0.176% · you sell dearer than you buy

Net, funding: paid 7d − costs−$244as 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−$2442.437% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 3 days (all we have)−0.119%−$12 · spread now +0.126%, 7d avg +0.176%

Together, before fees−0.117%−$12 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 BloFin is 0.050% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.176%). Swap the legs. The two prices were read 63 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 ATH_USDT	0.005576	0.0100	pay 0.0050% / 4h	1h 44m	$796K	$516K	30x
Short	BloFin ATH-USDT	0.005583	0.0090	get 0.0045% / 4h	1h 44m	$174K	$62K	75x

Funding 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 it

latest

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

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BloFinbpOrdersPrice spread, now +0.126%Rate

Funding earned: −$2.18
Price spread: +0.126% → +0.176%: −$5.01
Slippage, 4 orders: −$216.72
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$250.91
Costs to cover: 2.437%
Break-even: never at this rate

Slippage from Gate: live order book, 38 min ago; BloFin: live order book, 30 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, 38 min ago	8.02 bp	96.4 bp −$96	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 30 min ago	2.67 bp	23.4 bp −$23	65.1 bp −$651	doesn't fit	doesn't fit

ATH on 13 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_ATHUSD	−0.4633%	1h	0.005570	−0.109%	$19K	$106K	10x	as long as short
Variational Omni ATH	−0.0051%	4h	0.005564	−0.224%	$187K	$93K	—	as long as short
dYdX ATH-USD	−0.0018%	1h	0.005584	+0.152%	$11K	$16	5x	as long as short
OKX ATH-USDT-SWAP	+0.0082%	4h	0.005569	−0.126%	$711K	$1.2M	20x	as long as short
BloFin ATH-USDTshort	+0.0090%	4h	0.005583	+0.126%	$174K	$62K	75x
Aster ATHUSDT	+0.0100%	4h	0.005580	+0.072%	$6K	$35K	5x	as long as short
Binance ATHUSDT	+0.0100%	4h	0.005580	+0.068%	$3.4M	$3.9M	50x	as long as short
Bybit ATHUSDT	+0.0100%	4h	0.005574	−0.036%	$4.5M	$2.3M	25x	as long as short
Gate ATH_USDTlong	+0.0100%	4h	0.005576	long leg	$796K	$516K	30x
MEXC ATH_USDT	+0.0100%	4h	0.005580	+0.072%	$8.9M	$648K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ATHUSDTM	+0.0100%	4h	0.005568	−0.143%	$571K	$81K	30x	as long as short
Bitget ATHUSDT	+0.0100%	4h	0.005576	0.000%	$1.6M	$797K	25x	as long as short
BingX ATH-USDT	+0.0100%	4h	0.005574	−0.036%	—	$22.0M	—	as long as short