Funding you earn now, next payment 00:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.70 per $10,000 · paid last 24h +0.009%
Price spread now: MEXC against Gate+0.140%7-day average +0.194% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1381.382% of the position
Funding, last 7 days−0.201%−$20 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.140%, 7d avg +0.194%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.054% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.194%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BLESS_USDT | 0.009285 | 0.0482 | pay 0.0241% / 4h | 59m 31s | $881K | $754K | 20x |
| Short | MEXC BLESS_USDT | 0.009298 | 0.0342 | get 0.0171% / 4h | 59m 31s | $7.1M | $621K | 100x |
Gate BLESS_USDT
MEXC BLESS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$29.4
- Price spread: +0.140% → +0.194%
- −$5.45
- Slippage, 4 orders
- −$123.15
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$173
- Costs to cover
- 1.382%
- Break-even
- never at this rate
Slippage from Gate: live order book, 17 min ago; MEXC: live order book, 3 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, 17 min ago | 3.24 bp | 52.7 bp −$53 | 3223.1 bp −$32.2K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.15 bp | 9.3 bp −$9 | 42.7 bp −$427 | 358.1 bp −$35.8K | 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 | −20.963% | $228K | $3K | 10x | as long as short |
| Bybit BLESSUSDT | +0.0100% | 4h | 0.009298 | +0.140% | $2.6M | $531K | 13x | as long as short |
| KuCoin BLESSUSDTM | +0.0100% | 4h | 0.009275 | −0.108% | $2.3M | $191K | 40x | as long as short |
| Variational Omni BLESS | +0.0100% | 4h | 0.009283 | −0.019% | $8K | $2K | — | as long as short |
| SunX BLESS-USDT | +0.0100% | 4h | 0.009239 | −0.495% | $2K | $681K | 20x | as long as short |
| BingX BLESS-USDT | +0.0314% | 4h | 0.009293 | +0.086% | — | $6.7M | — | as long as short |
| MEXC BLESS_USDTshort | +0.0342% | 4h | 0.009298 | +0.140% | $7.1M | $621K | 100x | |
| BloFin BLESS-USDT | +0.0352% | 4h | 0.009290 | +0.054% | $459K | $172K | 40x | as long as short |
| Bitget BLESSUSDT | +0.0362% | 4h | 0.009297 | +0.129% | $2.8M | $735K | 10x | as long as short |
| Binance BLESSUSDT | +0.0366% | 4h | 0.009313 | +0.299% | $4.5M | $3.5M | 40x | as long as short |
GRVT BLESS_USDT_Perp
Bybit BLESSUSDT
KuCoin BLESSUSDTM
Variational Omni BLESS
SunX BLESS-USDT
BingX BLESS-USDT
BloFin BLESS-USDT
Bitget BLESSUSDT
Binance BLESSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BLESS_USDTlong | +0.0482% | 4h | 0.009285 | long leg | $881K | $754K | 20x | |
| Aster BLESSUSDT | +0.0786% | 4h | 0.009270 | −0.158% | $50K | $57K | 5x | as long as short |
Aster BLESSUSDT