Funding you earn now, next payment 00:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.26 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Gate−0.016%108s7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$816as 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−$8108.104% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 3 days (all we have)+0.660%+$66 · spread now −0.016%, 7d avg +0.020%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.036% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.020%). Swap the legs. The two prices were read 108 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 EPIC_USDT | 0.6259 | 0.0100 | pay 0.0050% / 4h | 7m 28s | $543K | $1.5M | 25x |
| Short | BloFin EPIC-USDT | 0.6258 | 0.0048 | get 0.0024% / 4h | 7m 28s | $322K | $115K | 20x |
Gate EPIC_USDT
BloFin EPIC-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
- −$11.01
- Price spread: −0.016% → +0.020%
- −$3.56
- Slippage, 4 orders
- −$783.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$825.02
- Costs to cover
- 8.104%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 2 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, 5 min ago | 3.99 bp | 271.1 bp −$271 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 1.60 bp | 29.3 bp −$29 | 117.1 bp −$1,171 | doesn't fit | doesn't fit |
EPIC on 7 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 EPIC-USDTshort | +0.0048% | 4h | 0.6258 | −0.016% | $322K | $115K | 20x | |
| BingX EPIC-USDT | +0.0070% | 4h | 0.6269 | +0.160% | — | $2.6M | — | as long as short |
| Binance EPICUSDT | +0.0100% | 4h | 0.6263 | +0.064% | $6.4M | $26.3M | 20x | as long as short |
| Bybit EPICUSDT | +0.0100% | 4h | 0.6273 | +0.224% | $1.4M | $5.4M | 25x | as long as short |
| Gate EPIC_USDTlong | +0.0100% | 4h | 0.6259 | long leg | $543K | $1.5M | 25x | |
| MEXC EPIC_USDT | +0.0100% | 4h | 0.6260 | +0.016% | $274K | $337K | 20x | as long as short |
| Bitget EPICUSDT | +0.0596% | 4h | 0.6276 | +0.272% | $5.6M | $3.4M | 10x | as long as short |
BingX EPIC-USDT
Binance EPICUSDT
Bybit EPICUSDT
MEXC EPIC_USDT
Bitget EPICUSDT