Funding you earn now, next payment 08:00 UTC−0.0264%/8h= −29.0% APRnext payment −$1.32 per $10,000 · paid last 24h −0.165%
Price spread now: Gate against BloFin−0.299%7-day average −0.175% · you buy dearer than you sell
Net, funding: paid 7d − costs−$420as in the Funding arb table
Net, price: spread back to 7d avg − costs−$394as in the Price arb table
costs, in and out, $10k−$3823.821% of the position
Funding, last 7 days−0.383%−$38 on $10k
+Price spread, last 4 days (all we have)+1.295%+$129 · spread now −0.299%, 7d avg −0.175%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.123% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.175%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin B-USDT | 0.2010 | 0.0364 | pay 0.0182% / 4h | 2h 42m | $599K | $37K | 20x |
| Short | Gate B_USDT | 0.2004 | 0.0100 | get 0.0050% / 4h | 2h 42m | $3.4M | $627K | 20x |
BloFin B-USDT
Gate B_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$55.54
- Price spread: −0.299% → −0.175%
- −$12.31
- Slippage, 4 orders
- −$355.09
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$449.94
- Costs to cover
- 3.821%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 49 min ago; Gate: 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 BloFin live order book, 49 min ago | 4.97 bp | 35.1 bp −$35 | 246.0 bp −$2,460 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 12.46 bp | 190.4 bp −$190 | doesn't fit | doesn't fit | doesn't fit |
B on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BUSDT | +0.0100% | 4h | 0.2003 | −0.343% | $1.8M | $951K | 13x | as long as short |
| Gate B_USDTshort | +0.0100% | 4h | 0.2004 | −0.299% | $3.4M | $627K | 20x | |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2003 | −0.358% | $1.8M | $80K | 10x | as long as short |
| edgeX BUSDC | +0.0355% | 4h | 0.2007 | −0.138% | $3K | $390K | 5x | as long as short |
| BloFin B-USDTlong | +0.0364% | 4h | 0.2010 | long leg | $599K | $37K | 20x | |
| MEXC B_USDT | +0.0382% | 4h | 0.2005 | −0.249% | $970K | $373K | 100x | as long as short |
| Extended B-USD | +0.0384% | 1h | 0.2004 | −0.275% | $15K | $198K | 5x | as long as short |
| Binance BUSDT | +0.0386% | 4h | 0.2006 | −0.207% | $11.6M | $2.0M | 20x | as long as short |
| BingX B-USDT | +0.0478% | 4h | 0.2004 | −0.299% | — | $1.3M | — | as long as short |
| Bitget BUSDT | +0.0520% | 4h | 0.2005 | −0.249% | $2.7M | $310K | 10x | as long as short |
Bybit BUSDT
KuCoin BUSDTM
edgeX BUSDC
MEXC B_USDT
Extended B-USD
Binance BUSDT
BingX B-USDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1049% | 4h | 0.2006 | −0.197% | $1.9M | $224K | 5x | as long as short |
Aster BUSDT