BLESS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0358%/8h= −39.2% APRnext payment −$1.79 per $10,000 · paid last 24h −0.015%

Price spread now: Gate against BloFin−0.459%7-day average −0.270% · you buy dearer than you sell

Net, funding: paid 7d − costs−$155as in the Funding arb table

Net, price: spread back to 7d avg − costs−$192as in the Price arb table

costs, in and out, $10k−$1731.734% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.187%+$19 on $10k

Price spread, last 4 days (all we have)−0.910%−$91 · spread now −0.459%, 7d avg −0.270%

Together, before fees−0.723%−$72 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Gate is 0.190% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.270%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.187%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.187% in total (about 9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.79 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 BLESS-USDT	0.009358	0.0458	pay 0.0229% / 4h	1h 44m	$467K	$171K	40x
Short	Gate BLESS_USDT	0.009315	0.0100	get 0.0050% / 4h	1h 44m	$874K	$765K	20x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee GatebpOrdersPrice spread, now −0.459%Rate

Funding earned: −$75.1
Price spread: −0.459% → −0.270%: −$18.99
Slippage, 4 orders: −$146.45
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$267.54
Costs to cover: 1.734%
Break-even: never at this rate

Slippage from BloFin: live order book, 81 min ago; Gate: live order book, 17 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 BloFin live order book, 81 min ago	2.13 bp	22.2 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 17 min ago	7.47 bp	69.6 bp −$70	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	−21.575%	$228K	$3K	10x	as long as short
Bybit BLESSUSDT	+0.0100%	4h	0.009318	−0.427%	$2.6M	$543K	13x	as long as short
Gate BLESS_USDTshort	+0.0100%	4h	0.009315	−0.459%	$874K	$765K	20x
KuCoin BLESSUSDTM	+0.0100%	4h	0.009308	−0.534%	$2.4M	$228K	40x	as long as short
Variational Omni BLESS	+0.0100%	4h	0.009329	−0.311%	$8K	$722	—	as long as short
SunX BLESS-USDT	+0.0100%	4h	0.009293	−0.695%	$2K	$730K	20x	as long as short
Bitget BLESSUSDT	+0.0294%	4h	0.009330	−0.299%	$2.8M	$717K	10x	as long as short
MEXC BLESS_USDT	+0.0414%	4h	0.009338	−0.214%	$7.3M	$655K	100x	as long as short
Binance BLESSUSDT	+0.0415%	4h	0.009338	−0.211%	$4.5M	$3.6M	40x	as long as short
BingX BLESS-USDT	+0.0430%	4h	0.009329	−0.310%	—	$6.7M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BLESS-USDTlong	+0.0458%	4h	0.009358	long leg	$467K	$171K	40x
Aster BLESSUSDT	+0.0471%	4h	0.009338	−0.214%	$50K	$57K	5x	as long as short