Funding you earn now, next payment 00:00 UTC+0.0350%/8h= +38.3% APRnext payment +$1.75 per $10,000 · paid last 24h +0.040%
Price spread now: Gate against Bybit+0.032%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$401as in the Funding arb table
Net, price: spread back to 7d avg − costs−$381as in the Price arb table
costs, in and out, $10k−$3813.807% of the position
Funding, last 7 days−0.206%−$21 on $10k
+Price spread, last 4 days (all we have)−0.323%−$32 · spread now +0.032%, 7d avg +0.038%
=The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.206%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.206% in total (about -10.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.75 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 | Bybit BLESSUSDT | 0.009281 | 0.0100 | pay 0.0050% / 4h | 1h 01m | $2.6M | $531K | 13x |
| Short | Gate BLESS_USDT | 0.009284 | 0.0450 | get 0.0225% / 4h | 1h 01m | $880K | $770K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $73.5
- Price spread: +0.032% → +0.038%
- −$0.52
- Slippage, 4 orders
- −$354.71
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$307.73
- Costs to cover
- 3.807%
- Break-even
- 36.3 days
Slippage from Bybit: live order book, 10 min ago; Gate: live order book, 15 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 Bybit live order book, 10 min ago | 5.42 bp | 136.2 bp −$136 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 15 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 | −20.929% | $228K | $3K | 10x | as long as short |
| Bybit BLESSUSDTlong | +0.0100% | 4h | 0.009281 | long leg | $2.6M | $531K | 13x | |
| KuCoin BLESSUSDTM | +0.0100% | 4h | 0.009268 | −0.140% | $2.3M | $191K | 40x | as long as short |
| Variational Omni BLESS | +0.0100% | 4h | 0.009249 | −0.342% | $8K | $2K | — | as long as short |
| SunX BLESS-USDT | +0.0100% | 4h | 0.009207 | −0.797% | $2K | $680K | 20x | as long as short |
| BloFin BLESS-USDT | +0.0301% | 4h | 0.009287 | +0.065% | $459K | $172K | 40x | as long as short |
| BingX BLESS-USDT | +0.0314% | 4h | 0.009267 | −0.151% | — | $6.7M | — | as long as short |
| MEXC BLESS_USDT | +0.0324% | 4h | 0.009306 | +0.269% | $7.2M | $641K | 100x | as long as short |
| Binance BLESSUSDT | +0.0326% | 4h | 0.009304 | +0.246% | $4.5M | $3.5M | 40x | as long as short |
| Bitget BLESSUSDT | +0.0332% | 4h | 0.009290 | +0.097% | $2.8M | $735K | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BLESS_USDTshort | +0.0450% | 4h | 0.009284 | +0.032% | $880K | $770K | 20x | |
| Aster BLESSUSDT | +0.0759% | 4h | 0.009265 | −0.176% | $50K | $57K | 5x | as long as short |
Bybit BLESSUSDT
Gate BLESS_USDT
GRVT BLESS_USDT_Perp
KuCoin BLESSUSDTM
Variational Omni BLESS
SunX BLESS-USDT
BloFin BLESS-USDT
BingX BLESS-USDT
MEXC BLESS_USDT
Binance BLESSUSDT
Bitget BLESSUSDT
Aster BLESSUSDT