Funding you earn now, next payment 00:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.62 per $10,000 · paid last 24h −0.027%
Price spread now: Gate against BingX+0.108%7-day average −0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1671.674% of the position
Funding, last 7 days−0.280%−$28 on $10k
+Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.108%, 7d avg −0.070%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.178% dearer against BingX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.070%. Mind the row above: over the last 7 days funding on this pair cost −0.280%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BLESS-USDT | 0.009259 | 0.0310 | pay 0.0155% / 4h | 1h 02m | — | $6.7M | — |
| Short | Gate BLESS_USDT | 0.009269 | 0.0434 | get 0.0217% / 4h | 1h 02m | $878K | $769K | 20x |
BingX BLESS-USDT
Gate BLESS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- $26.04
- Price spread: +0.108% → −0.070%
- $17.82
- Slippage, 4 orders
- −$142.38
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$123.52
- Costs to cover
- 1.674%
- Break-even
- 40.2 days
Slippage from BingX: live order book, 14 min ago; Gate: live order book, 14 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 BingX live order book, 14 min ago | 4.85 bp | 21.0 bp −$21 | 86.1 bp −$861 | 1035.0 bp −$103.5K | 1380.6 bp −$690.3K |
| Sell Gate live order book, 14 min ago | 3.24 bp | 69.0 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
BLESS 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT BLESS_USDT_Perp | 0.0000% | 4h | 0.007339 | −20.741% | $228K | $3K | 10x | as long as short |
| Bybit BLESSUSDT | +0.0100% | 4h | 0.009278 | +0.205% | $2.6M | $530K | 13x | as long as short |
| KuCoin BLESSUSDTM | +0.0100% | 4h | 0.009262 | +0.032% | $2.3M | $189K | 40x | as long as short |
| Variational Omni BLESS | +0.0100% | 4h | 0.009249 | −0.105% | $8K | $2K | — | as long as short |
| SunX BLESS-USDT | +0.0100% | 4h | 0.009203 | −0.605% | $2K | $680K | 20x | as long as short |
| BloFin BLESS-USDT | +0.0301% | 4h | 0.009287 | +0.302% | $459K | $172K | 40x | as long as short |
| MEXC BLESS_USDT | +0.0302% | 4h | 0.009290 | +0.335% | $7.2M | $641K | 100x | as long as short |
| Binance BLESSUSDT | +0.0309% | 4h | 0.009293 | +0.368% | $4.5M | $3.5M | 40x | as long as short |
| BingX BLESS-USDTlong | +0.0310% | 4h | 0.009259 | long leg | — | $6.7M | — | |
| Bitget BLESSUSDT | +0.0326% | 4h | 0.009284 | +0.270% | $2.8M | $735K | 10x | as long as short |
GRVT BLESS_USDT_Perp
Bybit BLESSUSDT
KuCoin BLESSUSDTM
Variational Omni BLESS
SunX BLESS-USDT
BloFin BLESS-USDT
MEXC BLESS_USDT
Binance BLESSUSDT
Bitget BLESSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BLESS_USDTshort | +0.0434% | 4h | 0.009269 | +0.108% | $878K | $769K | 20x | |
| Aster BLESSUSDT | +0.0740% | 4h | 0.009258 | −0.011% | $50K | $57K | 5x | as long as short |
Aster BLESSUSDT