Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h −0.016%
Price spread now: Bitget against Gate+0.150%7-day average +0.119% · you sell dearer than you buy
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1871.870% of the position
Funding, last 7 days−0.391%−$39 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.150%, 7d avg +0.119%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.030% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.119%. Mind the row above: over the last 7 days funding on this pair cost −0.391%, 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 | 0.009364 | 0.0326 | pay 0.0163% / 4h | 2h 52m | $888K | $742K | 20x |
| Short | Bitget BLESSUSDT | 0.009378 | 0.0354 | get 0.0177% / 4h | 2h 52m | $2.8M | $709K | 10x |
Gate BLESS_USDT
Bitget BLESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $5.88
- Price spread: +0.150% → +0.119%
- $3
- Slippage, 4 orders
- −$159.99
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$178.1
- Costs to cover
- 1.870%
- Break-even
- 219.0 days
Slippage from Gate: live order book, 14 min ago; Bitget: 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, 14 min ago | 5.87 bp | 52.7 bp −$53 | 2150.3 bp −$21.5K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 6.44 bp | 32.5 bp −$33 | 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 | −21.627% | $228K | $3K | 10x | as long as short |
| Bybit BLESSUSDT | +0.0100% | 4h | 0.009370 | +0.064% | $2.6M | $520K | 13x | as long as short |
| KuCoin BLESSUSDTM | +0.0100% | 4h | 0.009332 | −0.342% | $2.3M | $215K | 40x | as long as short |
| Variational Omni BLESS | +0.0100% | 4h | 0.009277 | −0.928% | $8K | $1K | — | as long as short |
| SunX BLESS-USDT | +0.0100% | 4h | 0.009325 | −0.416% | $2K | $711K | 20x | as long as short |
| Gate BLESS_USDTlong | +0.0326% | 4h | 0.009364 | long leg | $888K | $742K | 20x | |
| Bitget BLESSUSDTshort | +0.0354% | 4h | 0.009378 | +0.150% | $2.8M | $709K | 10x | |
| BloFin BLESS-USDT | +0.0623% | 4h | 0.009366 | +0.021% | $467K | $179K | 40x | as long as short |
| MEXC BLESS_USDT | +0.0648% | 4h | 0.009396 | +0.342% | $7.4M | $649K | 100x | as long as short |
| Binance BLESSUSDT | +0.0649% | 4h | 0.009386 | +0.235% | $4.6M | $3.6M | 40x | 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 BLESSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BLESS-USDT | +0.0652% | 4h | 0.009379 | +0.160% | — | $6.7M | — | as long as short |
| Aster BLESSUSDT | +0.0830% | 4h | 0.009360 | −0.043% | $51K | $56K | 5x | as long as short |
BingX BLESS-USDT
Aster BLESSUSDT