Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BloFin−0.244%63s7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$716as 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−$7207.197% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)+0.476%+$48 · spread now −0.244%, 7d avg +0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.297% cheaper against BloFin than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of +0.053%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin C98-USDT | 0.01639 | 0.0105 | pay 0.0105% / 8h | 2h 00m | $130K | $14K | 50x |
| Short | Gate C98_USDT | 0.01635 | 0.0100 | get 0.0100% / 8h | 2h 00m | $110K | $50K | 25x |
BloFin C98-USDT
Gate C98_USDTFunding 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
- −$1.02
- Price spread: −0.244% → +0.053%
- −$29.71
- Slippage, 4 orders
- −$692.72
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$750.45
- Costs to cover
- 7.197%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Gate: live order book, 40 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, 6 min ago | 12.23 bp | 20.7 bp −$21 | 99.4 bp −$994 | doesn't fit | doesn't fit |
| Sell Gate live order book, 40 min ago | 6.17 bp | 235.4 bp −$235 | doesn't fit | doesn't fit | doesn't fit |
C98 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_C98USD | −0.0024% | 1h | 0.01642 | +0.189% | $15K | $4K | 10x | as long as short |
| Binance C98USDT | +0.0100% | 8h | 0.01640 | +0.061% | $1.4M | $2.0M | 50x | as long as short |
| Bybit C98USDT | +0.0100% | 8h | 0.01640 | +0.067% | $870K | $296K | 25x | as long as short |
| Gate C98_USDTshort | +0.0100% | 8h | 0.01635 | −0.244% | $110K | $50K | 25x | |
| MEXC C98_USDT | +0.0100% | 8h | 0.01637 | −0.122% | $283K | $108K | 100x | as long as short |
| KuCoin C98USDTM | +0.0100% | 8h | 0.01642 | +0.183% | $199K | $38K | 20x | as long as short |
| Bitget C98USDT | +0.0100% | 8h | 0.01641 | +0.122% | $192K | $348K | 50x | as long as short |
| Variational Omni C98 | +0.0100% | 8h | 0.01639 | −0.018% | $8K | $202 | — | as long as short |
| BloFin C98-USDTlong | +0.0105% | 8h | 0.01639 | long leg | $130K | $14K | 50x |
Kraken Futures PF_C98USD
Binance C98USDT
Bybit C98USDT
MEXC C98_USDT
KuCoin C98USDTM
Bitget C98USDT
Variational Omni C98