Funding you earn now, next payment 12:00 UTC−0.0238%/8h= −26.0% APRnext payment −$1.19 per $10,000 · paid last 24h +0.004%
Price spread now: Gate against BloFin+0.144%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.144% dearer against BloFin than usual: you sell high and buy low (spread +0.144% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CP-USDT | 0.01386 | 0.0338 | pay 0.0169% / 4h | 52m 45s | $183 | $56K | 20x |
| Short | Gate CP_USDT | 0.01388 | 0.0100 | get 0.0050% / 4h | 52m 45s | $574K | $545K | 20x |
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
- −$49.88
- Price spread: +0.144% → 0.000%
- $14.43
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$62.45
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Gate: live order book, 51 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 51 min ago | 7.25 bp | 50.3 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CP on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01389 | +0.216% | — | $1.1M | — | as long as short |
| Bybit CPUSDT | +0.0100% | 4h | 0.01388 | +0.144% | $1.5M | $3.4M | 20x | as long as short |
| Gate CP_USDTshort | +0.0100% | 4h | 0.01388 | +0.144% | $574K | $545K | 20x | |
| Bitget CPUSDT | +0.0100% | 4h | 0.01388 | +0.123% | $753K | $1.8M | 20x | as long as short |
| KuCoin CPUSDTM | +0.0146% | 4h | 0.01392 | +0.433% | $202K | $997K | 20x | as long as short |
| MEXC CP_USDT | +0.0264% | 4h | 0.01387 | +0.072% | $1.5M | $392K | 20x | as long as short |
| OKX CP-USDT-SWAP | +0.0266% | 4h | 0.01388 | +0.144% | $3.8M | $11.3M | 20x | as long as short |
| BloFin CP-USDTlong | +0.0338% | 4h | 0.01386 | long leg | $183 | $56K | 20x |
BloFin CP-USDT
Gate CP_USDT
BingX CP-USDT
Bybit CPUSDT
Bitget CPUSDT
KuCoin CPUSDTM
MEXC CP_USDT
OKX CP-USDT-SWAP