Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Gate−0.123%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$602as in the Funding arb table
Net, price: spread back to 7d avg − costs−$605as in the Price arb table
costs, in and out, $10k−$5985.980% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now −0.123%, 7d avg −0.053%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.070% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate C98_USDT | 0.01628 | 0.0100 | pay 0.0100% / 8h | 2h 41m | $105K | $47K | 25x |
| Short | BloFin C98-USDT | 0.01626 | 0.0107 | get 0.0107% / 8h | 2h 41m | $131K | $18K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $1.5
- Price spread: −0.123% → −0.053%
- −$6.98
- Slippage, 4 orders
- −$571.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$603.52
- Costs to cover
- 5.980%
- Break-even
- 2832.6 days
Slippage from Gate: live order book, 64 min ago; BloFin: live order book, 30 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, 64 min ago | 9.14 bp | 291.7 bp −$292 | 46141.2 bp −$461.4K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 6.11 bp | 21.3 bp −$21 | 71.7 bp −$717 | 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 | −0.0025% | 1h | 0.01619 | −0.567% | $17K | $2K | 10x | as long as short |
| Binance C98USDT | +0.0100% | 8h | 0.01620 | −0.491% | $1.4M | $2.1M | 50x | as long as short |
| Bybit C98USDT | +0.0100% | 8h | 0.01620 | −0.491% | $860K | $332K | 25x | as long as short |
| Gate C98_USDTlong | +0.0100% | 8h | 0.01628 | long leg | $105K | $47K | 25x | |
| MEXC C98_USDT | +0.0100% | 8h | 0.01620 | −0.491% | $280K | $105K | 100x | as long as short |
| KuCoin C98USDTM | +0.0100% | 8h | 0.01628 | 0.000% | $198K | $39K | 20x | as long as short |
| Bitget C98USDT | +0.0100% | 8h | 0.01621 | −0.430% | $190K | $353K | 50x | as long as short |
| Variational Omni C98 | +0.0100% | 8h | 0.01622 | −0.353% | $8K | $202 | — | as long as short |
| BloFin C98-USDTshort | +0.0107% | 8h | 0.01626 | −0.123% | $131K | $18K | 50x |
Gate C98_USDT
BloFin C98-USDT
Kraken Futures PF_C98USD
Binance C98USDT
Bybit C98USDT
MEXC C98_USDT
KuCoin C98USDTM
Bitget C98USDT
Variational Omni C98