Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Gate−0.240%78s7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as 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−$1421.420% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 4 days (all we have)+0.304%+$30 · spread now −0.240%, 7d avg +0.034%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.274% cheaper against Gate than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.034%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.127%, 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BABY_USDT | 0.01252 | 0.0100 | pay 0.0050% / 4h | 2h 35m | $144K | $79K | 50x |
| Short | BloFin BABY-USDT | 0.01249 | 0.0074 | get 0.0037% / 4h | 2h 35m | $280K | $28K | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.38
- Price spread: −0.240% → +0.034%
- −$27.35
- Slippage, 4 orders
- −$114.99
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$174.72
- Costs to cover
- 1.420%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 46 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 | 8.03 bp | 40.9 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 46 min ago | 12.01 bp | 28.7 bp −$29 | 91.2 bp −$912 | doesn't fit | doesn't fit |
BABY on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BABY-USDTshort | +0.0074% | 4h | 0.01249 | −0.240% | $280K | $28K | 50x | |
| Hyperliquid BABY | +0.0100% | 1h | 0.01255 | +0.216% | $123K | $86K | 3x | as long as short |
| Aster BABYUSDT | +0.0100% | 4h | 0.01254 | +0.148% | $7K | $10K | 5x | as long as short |
| Binance BABYUSDT | +0.0100% | 4h | 0.01254 | +0.160% | $3.3M | $3.8M | 50x | as long as short |
| Bybit BABYUSDT | +0.0100% | 4h | 0.01255 | +0.224% | $848K | $676K | 25x | as long as short |
| OKX BABY-USDT-SWAP | +0.0100% | 4h | 0.01253 | +0.096% | $375K | $497K | 10x | as long as short |
| Gate BABY_USDTlong | +0.0100% | 4h | 0.01252 | long leg | $144K | $79K | 50x | |
| MEXC BABY_USDT | +0.0100% | 4h | 0.01253 | +0.080% | $1.2M | $138K | 20x | as long as short |
| KuCoin BABYUSDTM | +0.0100% | 4h | 0.01253 | +0.080% | $461K | $62K | 30x | as long as short |
| Bitget BABYUSDT | +0.0100% | 4h | 0.01254 | +0.160% | $521K | $155K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BABY-USDT | +0.0100% | 4h | 0.01254 | +0.160% | — | $6.5M | — | as long as short |
| Extended BABY-USD | +0.0104% | 1h | 0.01253 | +0.055% | $4K | $205K | 5x | as long as short |
Gate BABY_USDT
BloFin BABY-USDT
Hyperliquid BABY
Aster BABYUSDT
Binance BABYUSDT
Bybit BABYUSDT
OKX BABY-USDT-SWAP
MEXC BABY_USDT
KuCoin BABYUSDTM
Bitget BABYUSDT
BingX BABY-USDT
Extended BABY-USD