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: BloFin against Gate−0.377%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. BloFin is 0.377% cheaper against Gate than usual: you would sell low and buy high (spread −0.377% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$38 on $10k: about 3.0 days of funding at the current rate (+$12 a day).
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 | Gate DATA_USDT | 0.2122 | −0.0296 | get 0.0148% / 4h | 3h 44m | $92K | $19K | 20x |
| Short | BloFin DATA-USDT | 0.2114 | 0.0117 | get 0.0059% / 4h | 3h 44m | $82K | $5K | 20x |
Gate DATA_USDT
BloFin DATA-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
- $86.83
- Price spread: −0.377% → 0.000%
- −$37.7
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $22.13
- Costs to cover
- 0.270%
- Break-even
- 5.2 days
Slippage unknown: Gate: no order-book sample; BloFin: 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 Gate no order-book sample | — | — | — | — | — |
| Sell BloFin no order-book sample | — | — | — | — | — |
Gate and 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.
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_USDTlong | −0.0296% | 4h | 0.2122 | long leg | $92K | $19K | 20x | |
| Bybit DATAUSDT | +0.0011% | 4h | 0.2120 | −0.075% | $893K | $445K | 20x | as long as short |
| Lighter DATA | +0.0096% | 1h | 0.2123 | +0.047% | $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 | −0.141% | $97K | $253K | 20x | as long as short |
| KuCoin DATAUSDTM | +0.0100% | 4h | 0.2121 | −0.033% | $167K | $997K | 30x | as long as short |
| Bitget DATAUSDT | +0.0100% | 4h | 0.2119 | −0.141% | $542K | $117K | 50x | as long as short |
| Extended DATA-USD | +0.0104% | 1h | 0.2120 | −0.084% | $935 | — | 5x | as long as short |
| BloFin DATA-USDTshort | +0.0117% | 4h | 0.2114 | −0.377% | $82K | $5K | 20x |
Bybit DATAUSDT
Lighter DATA
OKX DATA-USDT-SWAP
MEXC DATA_USDT
KuCoin DATAUSDTM
Bitget DATAUSDT
Extended DATA-USD