Funding you earn now, next payment 04:00 UTC+0.0141%/8h= +15.4% APRnext payment +$0.70 per $10,000 · paid last 24h +0.181%
Price spread now: BloFin against Gate+0.147%63s7-day average +0.177% · you sell dearer than you buy
Net, funding: paid 7d − costs−$608as 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−$6466.456% of the position
Funding, last 7 days+0.375%+$38 on $10k
+Price spread, last 4 days (all we have)−2.414%−$241 · spread now +0.147%, 7d avg +0.177%
=Funding pays, the price is against you. BloFin is 0.030% cheaper against Gate than usual: you would sell low and buy high (spread +0.147% now, against its 7-day average of +0.177%). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$4 a day). 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 B_USDT | 0.2037 | 0.0100 | pay 0.0050% / 4h | 4m 12s | $3.5M | $639K | 20x |
| Short | BloFin B-USDT | 0.2040 | 0.0241 | get 0.0120% / 4h | 4m 12s | $608K | $38K | 20x |
Gate B_USDT
BloFin B-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
- $29.6
- Price spread: +0.147% → +0.177%
- −$3.01
- Slippage, 4 orders
- −$618.56
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$618.98
- Costs to cover
- 6.456%
- Break-even
- 153.4 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 32 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, 4 min ago | 12.25 bp | 249.5 bp −$249 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 32 min ago | 7.31 bp | 38.7 bp −$39 | 167.8 bp −$1,678 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDTlong | +0.0100% | 4h | 0.2037 | long leg | $3.5M | $639K | 20x | |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2038 | +0.044% | $1.9M | $74K | 10x | as long as short |
| Bybit BUSDT | +0.0119% | 4h | 0.2042 | +0.236% | $1.8M | $960K | 13x | as long as short |
| Binance BUSDT | +0.0199% | 4h | 0.2040 | +0.154% | $11.8M | $2.0M | 20x | as long as short |
| Extended B-USD | +0.0200% | 1h | 0.2039 | +0.109% | $15K | $220K | 5x | as long as short |
| MEXC B_USDT | +0.0208% | 4h | 0.2041 | +0.196% | $998K | $374K | 100x | as long as short |
| edgeX BUSDC | +0.0240% | 4h | 0.2044 | +0.352% | $3K | $389K | 5x | as long as short |
| BloFin B-USDTshort | +0.0241% | 4h | 0.2040 | +0.147% | $608K | $38K | 20x | |
| Bitget BUSDT | +0.0320% | 4h | 0.2042 | +0.245% | $2.8M | $281K | 10x | as long as short |
| BingX B-USDT | +0.0360% | 4h | 0.2047 | +0.491% | — | $1.3M | — | as long as short |
KuCoin BUSDTM
Bybit BUSDT
Binance BUSDT
Extended B-USD
MEXC B_USDT
edgeX BUSDC
Bitget BUSDT
BingX B-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1047% | 4h | 0.2040 | +0.133% | $1.9M | $214K | 5x | as long as short |
Aster BUSDT