Funding you earn now, next payment 00:00 UTC+0.0081%/8h= +8.9% APRnext payment +$0.40 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against Gate+0.280%7-day average +0.212% · you sell dearer than you buy
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$2042.038% of the position
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 4 days (all we have)+0.147%+$15 · spread now +0.280%, 7d avg +0.212%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.069% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.212%. Mind the row above: over the last 7 days funding on this pair cost −0.200%, 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 | Gate BLESS_USDT | 0.009274 | 0.0220 | pay 0.0110% / 4h | 1h 50m | $879K | $753K | 20x |
| Short | Binance BLESSUSDT | 0.009300 | 0.0301 | get 0.0150% / 4h | 1h 50m | $4.5M | $3.5M | 40x |
Gate BLESS_USDT
Binance BLESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $16.98
- Price spread: +0.280% → +0.212%
- $6.88
- Slippage, 4 orders
- −$178.83
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$179.96
- Costs to cover
- 2.038%
- Break-even
- 81.2 days
Slippage from Gate: live order book, 32 min ago; Binance: live order book, 2 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 Gate live order book, 32 min ago | 7.00 bp | 61.1 bp −$61 | 5765.1 bp −$57.7K | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.61 bp | 40.5 bp −$41 | 213.5 bp −$2,135 | 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 | 0.007338 | −20.871% | $228K | $3K | 10x | as long as short |
| Bybit BLESSUSDT | +0.0100% | 4h | 0.009275 | +0.011% | $2.6M | $517K | 13x | as long as short |
| KuCoin BLESSUSDTM | +0.0100% | 4h | 0.009268 | −0.065% | $2.3M | $185K | 40x | as long as short |
| Variational Omni BLESS | +0.0100% | 4h | 0.009278 | +0.040% | $8K | $2K | — | as long as short |
| SunX BLESS-USDT | +0.0100% | 4h | 0.009220 | −0.582% | $2K | $673K | 20x | as long as short |
| Gate BLESS_USDTlong | +0.0220% | 4h | 0.009274 | long leg | $879K | $753K | 20x | |
| BloFin BLESS-USDT | +0.0256% | 4h | 0.009294 | +0.216% | $457K | $172K | 40x | as long as short |
| Binance BLESSUSDTshort | +0.0301% | 4h | 0.009300 | +0.280% | $4.5M | $3.5M | 40x | |
| MEXC BLESS_USDT | +0.0302% | 4h | 0.009298 | +0.259% | $7.2M | $634K | 100x | as long as short |
| BingX BLESS-USDT | +0.0402% | 4h | 0.009295 | +0.226% | — | $6.7M | — | as long as short |
GRVT BLESS_USDT_Perp
Bybit BLESSUSDT
KuCoin BLESSUSDTM
Variational Omni BLESS
SunX BLESS-USDT
BloFin BLESS-USDT
MEXC BLESS_USDT
BingX BLESS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BLESSUSDT | +0.0426% | 4h | 0.009291 | +0.183% | $2.8M | $745K | 10x | as long as short |
| Aster BLESSUSDT | +0.0935% | 4h | 0.009284 | +0.110% | $51K | $58K | 5x | as long as short |
Bitget BLESSUSDT
Aster BLESSUSDT