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

BAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Gate−0.072%63s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.030%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.072% cheaper against Gate than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 24 days of funding at the current rate ($0 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BAT_USDT0.083210.0100pay 0.0100% / 8h6h 54m$82K$44K25x
ShortBloFin BAT-USDT0.083150.0110get 0.0110% / 8h6h 54m$98K$22K50x

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

Funding earned
$2.13
Price spread: −0.072% → 0.000%
−$7.21
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$32.08
Costs to cover
0.270%
Break-even
112.3 days
Slippage unknown: Gate: no order-book sample; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate no order-book sample
Sell BloFin no order-book sample
Gate and BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BAT on 11 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
Kraken Futures PF_BATUSD−0.0156%1h0.08315−0.067%$114K$16K10xas long as short
Binance BATUSDT+0.0100%8h0.08318−0.036%$1.9M$2.0M50xas long as short
Bybit BATUSDT+0.0100%8h0.08318−0.036%$1.1M$454K25xas long as short
OKX BAT-USDT-SWAP+0.0100%8h0.08322+0.012%$527K$446K20xas long as short
Gate BAT_USDTlong+0.0100%8h0.08321long leg$82K$44K25x
MEXC BAT_USDT+0.0100%8h0.08317−0.048%$841K$624K125xas long as short
KuCoin BATUSDTM+0.0100%8h0.08320−0.012%$262K$59K20xas long as short
Bitget BATUSDT+0.0100%8h0.08308−0.156%$667K$176K50xas long as short
BingX BAT-USDT+0.0100%8h0.08318−0.036%$1.3Mas long as short
Variational Omni BAT+0.0100%8h0.08316−0.058%$113K$78as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BAT-USDTshort+0.0110%8h0.08315−0.072%$98K$22K50x