Funding you earn now, next payment 08:00 UTC−0.1103%/8h= −120.8% APRnext payment −$5.52 per $10,000 · paid last 24h −0.131%
Price spread now: Gate against Binance+0.318%7-day average +0.202% · you sell dearer than you buy
Net, funding: paid 7d − costs−$252as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1811.814% of the position
Funding, last 7 days−0.703%−$70 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.318%, 7d avg +0.202%
=The price spread pays, funding is against you. Gate is 0.116% dearer against Binance than usual: you sell high and buy low (spread +0.318% now, against its 7-day average of +0.202%): +$12 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.703% in total) that is about 28 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.703% in total (about -36.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.52 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 | Binance BLUAIUSDT | 0.01133 | 0.1203 | pay 0.0602% / 4h | 2h 41m | $5.9M | $1.0M | 10x |
| Short | Gate BLUAI_USDT | 0.01137 | 0.0100 | get 0.0050% / 4h | 2h 41m | $460K | $65K | 10x |
Binance BLUAIUSDT
Gate BLUAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$231.65
- Price spread: +0.318% → +0.202%
- $11.57
- Slippage, 4 orders
- −$156.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$401.47
- Costs to cover
- 1.814%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Gate: live order book, 4 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 Binance live order book, 12 min ago | 2.21 bp | 32.2 bp −$32 | 496.5 bp −$4,965 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 4.83 bp | 53.2 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
BLUAI on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BLUAI_USDTshort | +0.0100% | 4h | 0.01137 | +0.318% | $460K | $65K | 10x | |
| SunX BLUAI-USDT | +0.0100% | 4h | 0.01134 | +0.132% | $2K | $1.0M | 20x | as long as short |
| KuCoin BLUAIUSDTM | +0.0596% | 4h | 0.01141 | +0.706% | $1.5M | $24K | 10x | as long as short |
| Bybit BLUAIUSDT | +0.0762% | 4h | 0.01133 | −0.026% | $1.5M | $252K | 13x | as long as short |
| BingX BLUAI-USDT | +0.1082% | 4h | 0.01133 | +0.044% | — | $6.5M | — | as long as short |
| BloFin BLUAI-USDT | +0.1146% | 4h | 0.01133 | +0.009% | $381K | $11K | 10x | as long as short |
| MEXC BLUAI_USDT | +0.1198% | 4h | 0.01133 | +0.026% | $5.8M | $111K | 50x | as long as short |
| Binance BLUAIUSDTlong | +0.1203% | 4h | 0.01133 | long leg | $5.9M | $1.0M | 10x | |
| Aster BLUAIUSDT | +0.1418% | 4h | 0.01133 | +0.009% | $27K | $18K | 5x | as long as short |
SunX BLUAI-USDT
KuCoin BLUAIUSDTM
Bybit BLUAIUSDT
BingX BLUAI-USDT
BloFin BLUAI-USDT
MEXC BLUAI_USDT
Aster BLUAIUSDT