Settings8H · net · $10k
Funding arb · Price arb /

BSB

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0332%/8h= +36.3% APRnext payment +$1.66 per $10,000 · paid last 24h +0.043%
Price spread now: Gate against BloFin−0.445%63s7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$408as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4214.212% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.132%+$13 on $10k
Price spread, last 4 days (all we have)+0.320%+$32 · spread now −0.445%, 7d avg −0.045%
Together, before fees+0.451%+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.400% cheaper against BloFin than usual: you would sell low and buy high (spread −0.445% now, against its 7-day average of −0.045%). If the spread goes back, that is −$40 on $10k: about 4.0 days of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.132% in total) that is about 21 days. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.132% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.66 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BSB-USDT0.10570.0232pay 0.0116% / 4h2h 40m$274K$43K10x
ShortGate BSB_USDT0.10520.0564get 0.0282% / 4h2h 40m$646K$145K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$69.67
Price spread: −0.445% → −0.045%
−$40.01
Slippage, 4 orders
−$394.16
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$391.5
Costs to cover
4.212%
Break-even
46.3 days
Slippage from BloFin: live order book, 42 min ago; Gate: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 42 min ago0.94 bp16.6 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 6 min ago9.44 bp145.2 bp −$145doesn't fitdoesn't fitdoesn't fit

BSB on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BSBUSDT+0.0100%4h0.1051−0.521%$2.9M$783K25xas long as short
OKX BSB-USDT-SWAP+0.0100%4h0.1052−0.435%$1.2M$1.9M10xas long as short
KuCoin BSBUSDTM+0.0100%4h0.1051−0.502%$495K$138K10xas long as short
Bitget BSBUSDT+0.0100%4h0.1052−0.454%$3.4M$895K10xas long as short
Variational Omni BSB+0.0100%4h0.1054−0.280%$2K$2Kas long as short
SunX BSB-USDT+0.0100%4h0.1053−0.350%$1K$950K10xas long as short
Extended BSB-USD+0.0216%1h0.1053−0.374%$198$176K5xas long as short
Binance BSBUSDT+0.0220%4h0.1053−0.352%$6.0M$3.4M10xas long as short
MEXC BSB_USDT+0.0224%4h0.1053−0.322%$1.1M$165K50xas long as short
BingX BSB-USDT+0.0224%4h0.1052−0.435%$1.7Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BSB-USDTlong+0.0232%4h0.1057long leg$274K$43K10x
Aster BSBUSDT+0.0251%4h0.1052−0.388%$29K$16K5xas long as short
Gate BSB_USDTshort+0.0564%4h0.1052−0.445%$646K$145K20x