Funding you earn now, next payment 04:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.12 per $10,000 · paid last 24h +0.067%
Price spread now: BloFin against Gate+0.737%78s7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$654as 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−$6656.654% of the position
Funding, last 7 days+0.109%+$11 on $10k
+Price spread, last 4 days (all we have)−0.652%−$65 · spread now +0.737%, 7d avg +0.121%
=The price spread pays, funding is against you. BloFin is 0.615% dearer against Gate than usual: you sell high and buy low (spread +0.737% now, against its 7-day average of +0.121%): +$62 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months. Mind the row above: over the last 7 days funding on this pair paid +0.109%, so the current rate has only just turned against you. The two prices were read 78 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 | Gate CLANKER_USDT | 13.570 | 0.0100 | pay 0.0050% / 4h | 27m 46s | $116K | $159K | 25x |
| Short | BloFin CLANKER-USDT | 13.670 | 0.0075 | get 0.0038% / 4h | 27m 46s | $121K | $25K | 25x |
Gate CLANKER_USDT
BloFin CLANKER-USDTFunding 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
- −$5.19
- Price spread: +0.737% → +0.121%
- $61.55
- Slippage, 4 orders
- −$638.38
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$609.01
- Costs to cover
- 6.654%
- Break-even
- never at this rate
Slippage from Gate: live order book, 23 min ago; BloFin: live order book, 1 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, 23 min ago | 18.14 bp | 337.5 bp −$338 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 3.67 bp | 46.1 bp −$46 | 140.1 bp −$1,401 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CLANKER-USDTshort | +0.0075% | 4h | 13.670 | +0.737% | $121K | $25K | 25x | |
| Binance CLANKERUSDT | +0.0100% | 4h | 13.580 | +0.074% | $1.8M | $5.4M | 25x | as long as short |
| Bybit CLANKERUSDT | +0.0100% | 4h | 13.566 | −0.029% | $628K | $1.1M | 20x | as long as short |
| Gate CLANKER_USDTlong | +0.0100% | 4h | 13.570 | long leg | $116K | $159K | 25x | |
| MEXC CLANKER_USDT | +0.0100% | 4h | 13.570 | 0.000% | $375K | $265K | 50x | as long as short |
| KuCoin CLANKERUSDTM | +0.0100% | 4h | 13.590 | +0.147% | $362K | $152K | 25x | as long as short |
| Bitget CLANKERUSDT | +0.0100% | 4h | 13.600 | +0.221% | $619K | $513K | 20x | as long as short |
| BingX CLANKER-USDT | +0.0100% | 4h | 13.580 | +0.074% | — | $6.8M | — | as long as short |
| Variational Omni CLANKER | +0.0100% | 4h | 13.664 | +0.690% | $27K | $31K | — | as long as short |
| Aster CLANKERUSDT | +0.0657% | 4h | 13.617 | +0.346% | $16K | $30K | 5x | as long as short |
Binance CLANKERUSDT
Bybit CLANKERUSDT
MEXC CLANKER_USDT
KuCoin CLANKERUSDTM
Bitget CLANKERUSDT
BingX CLANKER-USDT
Variational Omni CLANKER
Aster CLANKERUSDT