Funding you earn now, next payment 04:00 UTC−0.0413%/8h= −45.3% APRnext payment −$2.07 per $10,000 · paid last 24h +0.001%
Price spread now: Gate against BloFin+0.378%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.018%+$2 on $10k
+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 0.378% dearer against BloFin than usual: you sell high and buy low (spread +0.378% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 3.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.018% in total (about 0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DATA-USDT | 0.2114 | 0.0117 | pay 0.0059% / 4h | 3h 44m | $82K | $5K | 20x |
| Short | Gate DATA_USDT | 0.2122 | −0.0296 | pay 0.0148% / 4h | 3h 44m | $92K | $19K | 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
- −$86.83
- Price spread: +0.378% → 0.000%
- $37.84
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$75.98
- Costs to cover
- 0.270%
- Break-even
- from the start
Slippage unknown: BloFin: no order-book sample; Gate: no order-book sample. 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 no order-book sample | — | — | — | — | — |
BloFin and Gate: 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.
DATA 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate DATA_USDTshort | −0.0296% | 4h | 0.2122 | +0.378% | $92K | $19K | 20x | |
| Bybit DATAUSDT | +0.0011% | 4h | 0.2120 | +0.303% | $893K | $445K | 20x | as long as short |
| Lighter DATA | +0.0096% | 1h | 0.2123 | +0.426% | $42K | $122K | 10x | as long as short |
| OKX DATA-USDT-SWAP | +0.0100% | 4h | 0.2118 | +0.189% | $929K | $1.9M | 20x | as long as short |
| MEXC DATA_USDT | +0.0100% | 4h | 0.2119 | +0.237% | $97K | $253K | 20x | as long as short |
| KuCoin DATAUSDTM | +0.0100% | 4h | 0.2121 | +0.345% | $167K | $997K | 30x | as long as short |
| Bitget DATAUSDT | +0.0100% | 4h | 0.2119 | +0.237% | $542K | $117K | 50x | as long as short |
| Extended DATA-USD | +0.0104% | 1h | 0.2120 | +0.294% | $935 | — | 5x | as long as short |
| BloFin DATA-USDTlong | +0.0117% | 4h | 0.2114 | long leg | $82K | $5K | 20x |
BloFin DATA-USDT
Gate DATA_USDT
Bybit DATAUSDT
Lighter DATA
OKX DATA-USDT-SWAP
MEXC DATA_USDT
KuCoin DATAUSDTM
Bitget DATAUSDT
Extended DATA-USD