Funding you earn now, next payment 04:00 UTC+0.0220%/8h= +24.1% APRnext payment +$1.10 per $10,000 · paid last 24h +0.031%
Price spread now: BingX against Gate+0.183%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1691.692% of the position
Funding, last 7 days+0.285%+$28 on $10k
+Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.183%, 7d avg +0.074%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.108% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BLESS_USDT | 0.009315 | 0.0100 | pay 0.0050% / 4h | 32m 04s | $876K | $785K | 20x |
| Short | BingX BLESS-USDT | 0.009332 | 0.0320 | get 0.0160% / 4h | 32m 04s | — | $6.7M | — |
Gate BLESS_USDT
BingX BLESS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $46.2
- Price spread: +0.183% → +0.074%
- $10.81
- Slippage, 4 orders
- −$144.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$112.24
- Costs to cover
- 1.692%
- Break-even
- 24.0 days
Slippage from Gate: live order book, 25 min ago; BingX: live order book, 5 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, 25 min ago | 6.95 bp | 57.7 bp −$58 | 5596.4 bp −$56.0K | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 4.83 bp | 24.3 bp −$24 | 88.9 bp −$889 | 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 | −21.213% | $228K | $3K | 10x | as long as short |
| Bybit BLESSUSDT | +0.0100% | 4h | 0.009319 | +0.043% | $2.6M | $559K | 13x | as long as short |
| Gate BLESS_USDTlong | +0.0100% | 4h | 0.009315 | long leg | $876K | $785K | 20x | |
| KuCoin BLESSUSDTM | +0.0100% | 4h | 0.009296 | −0.204% | $2.4M | $223K | 40x | as long as short |
| Variational Omni BLESS | +0.0100% | 4h | 0.009289 | −0.275% | $8K | $722 | — | as long as short |
| SunX BLESS-USDT | +0.0100% | 4h | 0.009270 | −0.483% | $2K | $755K | 20x | as long as short |
| Bitget BLESSUSDT | +0.0160% | 4h | 0.009314 | −0.011% | $2.8M | $726K | 10x | as long as short |
| Binance BLESSUSDT | +0.0287% | 4h | 0.009339 | +0.258% | $4.5M | $3.7M | 40x | as long as short |
| BloFin BLESS-USDT | +0.0292% | 4h | 0.009312 | −0.032% | $464K | $169K | 40x | as long as short |
| MEXC BLESS_USDT | +0.0294% | 4h | 0.009340 | +0.268% | $7.3M | $651K | 100x | as long as short |
GRVT BLESS_USDT_Perp
Bybit BLESSUSDT
KuCoin BLESSUSDTM
Variational Omni BLESS
SunX BLESS-USDT
Bitget BLESSUSDT
Binance BLESSUSDT
BloFin BLESS-USDT
MEXC BLESS_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BLESS-USDTshort | +0.0320% | 4h | 0.009332 | +0.183% | — | $6.7M | — | |
| Aster BLESSUSDT | +0.0359% | 4h | 0.009312 | −0.032% | $49K | $58K | 5x | as long as short |
Aster BLESSUSDT