Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.051%
Price spread now: Gate against BloFin−0.292%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$795as in the Funding arb table
Net, price: spread back to 7d avg − costs−$802as in the Price arb table
costs, in and out, $10k−$7857.845% of the position
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.292%, 7d avg −0.119%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.173% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.119%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CLANKER-USDT | 13.690 | 0.0110 | pay 0.0055% / 4h | 2h 38m | $118K | $21K | 25x |
| Short | Gate CLANKER_USDT | 13.650 | 0.0100 | get 0.0050% / 4h | 2h 38m | $120K | $158K | 25x |
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
- −$2.18
- Price spread: −0.292% → −0.119%
- −$17.31
- Slippage, 4 orders
- −$757.5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$804
- Costs to cover
- 7.845%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 40 min ago; Gate: live order book, 2 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, 40 min ago | 3.65 bp | 41.4 bp −$41 | 182.4 bp −$1,824 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 18.32 bp | 286.7 bp −$287 | doesn't fit | doesn't fit | doesn't fit |
CLANKER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CLANKERUSDT | +0.0100% | 4h | 13.671 | −0.138% | $1.8M | $5.3M | 25x | as long as short |
| Bybit CLANKERUSDT | +0.0100% | 4h | 13.718 | +0.205% | $645K | $1.0M | 20x | as long as short |
| Gate CLANKER_USDTshort | +0.0100% | 4h | 13.650 | −0.292% | $120K | $158K | 25x | |
| MEXC CLANKER_USDT | +0.0100% | 4h | 13.660 | −0.219% | $374K | $248K | 50x | as long as short |
| KuCoin CLANKERUSDTM | +0.0100% | 4h | 13.580 | −0.804% | $328K | $158K | 25x | as long as short |
| Bitget CLANKERUSDT | +0.0100% | 4h | 13.720 | +0.219% | $627K | $519K | 20x | as long as short |
| BingX CLANKER-USDT | +0.0100% | 4h | 13.720 | +0.219% | — | $6.8M | — | as long as short |
| Variational Omni CLANKER | +0.0100% | 4h | 13.704 | +0.105% | $27K | $25K | — | as long as short |
| BloFin CLANKER-USDTlong | +0.0110% | 4h | 13.690 | long leg | $118K | $21K | 25x | |
| Aster CLANKERUSDT | +0.0292% | 4h | 13.673 | −0.124% | $17K | $32K | 5x | as long as short |
BloFin CLANKER-USDT
Gate CLANKER_USDT
Binance CLANKERUSDT
Bybit CLANKERUSDT
MEXC CLANKER_USDT
KuCoin CLANKERUSDTM
Bitget CLANKERUSDT
BingX CLANKER-USDT
Variational Omni CLANKER
Aster CLANKERUSDT