Funding you earn now, next payment 04:00 UTC−0.0068%/8h= −7.5% APRpaid last 24h −0.072%
Price spread now: Gate against BloFin−0.601%48s7-day average −0.282% · you buy dearer than you sell
Net, funding: paid 7d − costs−$610as 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−$5825.818% of the position
Funding, last 7 days−0.283%−$28 on $10k
+Price spread, last 4 days (all we have)+0.578%+$58 · spread now −0.601%, 7d avg −0.282%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.320% cheaper against BloFin than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of −0.282%). Swap the legs. The two prices were read 48 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 | BloFin FOLKS-USDT | 2.1620 | 0.0168 | pay 0.0084% / 4h | 0m 21s | $416K | $30K | 50x |
| Short | Gate FOLKS_USDT | 2.1490 | 0.0100 | get 0.0100% / 8h | 4h 00m | $263K | $125K | 50x |
BloFin FOLKS-USDT
Gate FOLKS_USDTFunding 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
- −$14.3
- Price spread: −0.601% → −0.282%
- −$31.96
- Slippage, 4 orders
- −$554.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$628.05
- Costs to cover
- 5.818%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 35 min ago; Gate: live order book, 51 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 BloFin live order book, 35 min ago | 11.61 bp | 31.1 bp −$31 | 125.2 bp −$1,252 | doesn't fit | doesn't fit |
| Sell Gate live order book, 51 min ago | 4.63 bp | 318.4 bp −$318 | doesn't fit | doesn't fit | doesn't fit |
FOLKS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter FOLKS | +0.0096% | 1h | 2.1586 | −0.157% | $73K | $2K | 3x | as long as short |
| Aster FOLKSUSDT | +0.0100% | 4h | 2.1479 | −0.651% | $44K | $12K | 5x | as long as short |
| Gate FOLKS_USDTshort | +0.0100% | 8h | 2.1490 | −0.601% | $263K | $125K | 50x | |
| KuCoin FOLKSUSDTM | +0.0100% | 4h | 2.1450 | −0.786% | $1.2M | $2.8M | 50x | as long as short |
| Variational Omni FOLKS | +0.0100% | 4h | 2.1597 | −0.105% | $14K | $5K | — | as long as short |
| BloFin FOLKS-USDTlong | +0.0168% | 4h | 2.1620 | long leg | $416K | $30K | 50x | |
| Bitget FOLKSUSDT | +0.0198% | 4h | 2.1556 | −0.296% | $1.0M | $169K | 50x | as long as short |
| Binance FOLKSUSDT | +0.0206% | 4h | 2.1586 | −0.156% | $6.4M | $1.6M | 50x | as long as short |
| MEXC FOLKS_USDT | +0.0208% | 4h | 2.1570 | −0.231% | $982K | $190K | 100x | as long as short |
| Bybit FOLKSUSDT | +0.0609% | 4h | 2.1537 | −0.384% | $1.2M | $348K | 20x | as long as short |
Lighter FOLKS
Aster FOLKSUSDT
KuCoin FOLKSUSDTM
Variational Omni FOLKS
Bitget FOLKSUSDT
Binance FOLKSUSDT
MEXC FOLKS_USDT
Bybit FOLKSUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX FOLKS-USDT | +0.0612% | 4h | 2.1570 | −0.231% | — | $6.6M | — | as long as short |
BingX FOLKS-USDT