Funding you earn now, next payment 04:00 UTC−0.1389%/8h= −152.1% APRnext payment −$6.95 per $10,000 · paid last 24h −0.932%
Price spread now: Gate against BloFin+0.418%108s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.892%−$89 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.418% dearer against BloFin than usual: you sell high and buy low (spread +0.418% now, against zero (this spread has no 7-day history yet)): +$42 on $10k if it goes back. Holding the pair costs −$42 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.892% in total) that is about 3.3 days. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.892% in total (about -46.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BIRB-USDT | 0.06933 | 0.1489 | pay 0.0745% / 4h | 1h 41m | $83K | $5K | 25x |
| Short | Gate BIRB_USDT | 0.06962 | 0.0100 | get 0.0050% / 4h | 1h 41m | $58K | $60K | 20x |
BloFin BIRB-USDT
Gate BIRB_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
- −$291.77
- Price spread: +0.418% → 0.000%
- $41.83
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$276.94
- Costs to cover
- 0.270%
- Break-even
- from the start
Slippage unknown: BloFin: no order-book sample; Gate: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin no order-book sample | — | — | — | — | — |
| Sell Gate no order-book sample | — | — | — | — | — |
BloFin and Gate: 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.
BIRB on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BIRBUSDT | +0.0100% | 4h | 0.06957 | +0.346% | $16K | $17K | 5x | as long as short |
| Binance BIRBUSDT | +0.0100% | 4h | 0.06954 | +0.306% | $1.3M | $1.9M | 50x | as long as short |
| Gate BIRB_USDTshort | +0.0100% | 4h | 0.06962 | +0.418% | $58K | $60K | 20x | |
| MEXC BIRB_USDT | +0.0100% | 4h | 0.06954 | +0.303% | $146K | $99K | 50x | as long as short |
| KuCoin BIRBUSDTM | +0.0100% | 4h | 0.06969 | +0.519% | $80K | $41K | 20x | as long as short |
| Bitget BIRBUSDT | +0.0100% | 4h | 0.06954 | +0.303% | $435K | $193K | 20x | as long as short |
| BingX BIRB-USDT | +0.1432% | 4h | 0.06939 | +0.087% | — | $741K | — | as long as short |
| BloFin BIRB-USDTlong | +0.1489% | 4h | 0.06933 | long leg | $83K | $5K | 25x | |
| Bybit BIRBUSDT | +0.1492% | 4h | 0.06931 | −0.029% | $644K | $479K | 25x | as long as short |
Aster BIRBUSDT
Binance BIRBUSDT
MEXC BIRB_USDT
KuCoin BIRBUSDTM
Bitget BIRBUSDT
BingX BIRB-USDT
Bybit BIRBUSDT