Funding you earn now, next payment 08:00 UTC−0.0345%/8h= −37.8% APRpaid last 24h −0.164%
Price spread now: BloFin against Gate+0.379%78s7-day average −0.206% · you sell dearer than you buy
Net, funding: paid 7d − costs−$261as 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−$2302.298% of the position
Funding, last 7 days−0.316%−$32 on $10k
+Price spread, last 4 days (all we have)−0.407%−$41 · spread now +0.379%, 7d avg −0.206%
=The price spread pays, funding is against you. BloFin is 0.585% dearer against Gate than usual: you sell high and buy low (spread +0.379% now, against its 7-day average of −0.206%): +$59 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 5.6 days. At the pace of the last 7 days (−0.316% in total) that is about 13 days. 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 CLO_USDT | 0.06335 | 0.0498 | pay 0.0498% / 8h | 1h 59m | $428K | $693K | 20x |
| Short | BloFin CLO-USDT | 0.06359 | 0.0153 | get 0.0076% / 4h | 1h 59m | $241K | $77K | 10x |
Gate CLO_USDT
BloFin CLO-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
- −$72.5
- Price spread: +0.379% → −0.206%
- $58.51
- Slippage, 4 orders
- −$202.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$243.79
- Costs to cover
- 2.298%
- Break-even
- never at this rate
Slippage from Gate: live order book, 46 min ago; BloFin: live order book, 17 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, 46 min ago | 14.01 bp | 95.3 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 3.14 bp | 30.3 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
CLO 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CLOUSDT | +0.0100% | 4h | 0.06323 | −0.186% | $3.9M | $3.9M | 10x | as long as short |
| Bybit CLOUSDT | +0.0100% | 4h | 0.06329 | −0.095% | $697K | $641K | 20x | as long as short |
| MEXC CLO_USDT | +0.0100% | 4h | 0.06330 | −0.079% | $533K | $133K | 50x | as long as short |
| KuCoin CLOUSDTM | +0.0100% | 4h | 0.06310 | −0.395% | $990K | $11.5M | 10x | as long as short |
| BingX CLO-USDT | +0.0100% | 4h | 0.06324 | −0.174% | — | $1.4M | — | as long as short |
| SunX CLO-USDT | +0.0100% | 4h | 0.06340 | +0.079% | $2K | $1.4M | 20x | as long as short |
| BloFin CLO-USDTshort | +0.0153% | 4h | 0.06359 | +0.379% | $241K | $77K | 10x | |
| Gate CLO_USDTlong | +0.0498% | 8h | 0.06335 | long leg | $428K | $693K | 20x | |
| Aster CLOUSDT | +0.0776% | 4h | 0.06335 | +0.002% | $30K | $52K | 5x | as long as short |
Binance CLOUSDT
Bybit CLOUSDT
MEXC CLO_USDT
KuCoin CLOUSDTM
BingX CLO-USDT
SunX CLO-USDT
Aster CLOUSDT