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 − costs—prices read too far apart to compare
costs, in and out, $10k−$4214.212% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BSB-USDT | 0.1057 | 0.0232 | pay 0.0116% / 4h | 2h 40m | $274K | $43K | 10x |
| Short | Gate BSB_USDT | 0.1052 | 0.0564 | get 0.0282% / 4h | 2h 40m | $646K | $145K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 42 min ago | 0.94 bp | 16.6 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 6 min ago | 9.44 bp | 145.2 bp −$145 | doesn't fit | doesn't fit | doesn't fit |
BSB on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BSBUSDT | +0.0100% | 4h | 0.1051 | −0.521% | $2.9M | $783K | 25x | as long as short |
| OKX BSB-USDT-SWAP | +0.0100% | 4h | 0.1052 | −0.435% | $1.2M | $1.9M | 10x | as long as short |
| KuCoin BSBUSDTM | +0.0100% | 4h | 0.1051 | −0.502% | $495K | $138K | 10x | as long as short |
| Bitget BSBUSDT | +0.0100% | 4h | 0.1052 | −0.454% | $3.4M | $895K | 10x | as long as short |
| Variational Omni BSB | +0.0100% | 4h | 0.1054 | −0.280% | $2K | $2K | — | as long as short |
| SunX BSB-USDT | +0.0100% | 4h | 0.1053 | −0.350% | $1K | $950K | 10x | as long as short |
| Extended BSB-USD | +0.0216% | 1h | 0.1053 | −0.374% | $198 | $176K | 5x | as long as short |
| Binance BSBUSDT | +0.0220% | 4h | 0.1053 | −0.352% | $6.0M | $3.4M | 10x | as long as short |
| MEXC BSB_USDT | +0.0224% | 4h | 0.1053 | −0.322% | $1.1M | $165K | 50x | as long as short |
| BingX BSB-USDT | +0.0224% | 4h | 0.1052 | −0.435% | — | $1.7M | — | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BSB-USDTlong | +0.0232% | 4h | 0.1057 | long leg | $274K | $43K | 10x | |
| Aster BSBUSDT | +0.0251% | 4h | 0.1052 | −0.388% | $29K | $16K | 5x | as long as short |
| Gate BSB_USDTshort | +0.0564% | 4h | 0.1052 | −0.445% | $646K | $145K | 20x |
BloFin BSB-USDT
Gate BSB_USDT
Bybit BSBUSDT
OKX BSB-USDT-SWAP
KuCoin BSBUSDTM
Bitget BSBUSDT
Variational Omni BSB
SunX BSB-USDT
Extended BSB-USD
Binance BSBUSDT
MEXC BSB_USDT
BingX BSB-USDT
Aster BSBUSDT