Settings8H · net · $10k
Funding arb · Price arb /

FORM

all FORM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.037%
Price spread now: gTrade (Gains Network) against BloFin−0.088%50s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.088% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin FORM-USDT0.31620.0120pay 0.0060% / 4h3h 09m$903K$410K50x
ShortgTrade (Gains Network) FORM/USD0.3159L −0.0007% / S +0.0008%pay 0.0001% / 1h9m 38s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$26.81
Price spread: −0.088% → 0.000%
−$8.82
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$57.64
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 57 min ago; gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 57 min ago1.59 bp22.7 bp −$2374.9 bp −$749doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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.

FORM on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) FORM/USDshortL −0.0007% / S +0.0008%1h0.3159−0.088%
Aster FORMUSDT+0.0100%4h0.3167+0.162%$42K$1.0M5xas long as short
Binance FORMUSDT+0.0100%4h0.3167+0.154%$15.7M$169.8M50xas long as short
Bybit FORMUSDT+0.0100%4h0.3170+0.253%$1.8M$14.4M20xas long as short
Gate FORM_USDT+0.0100%4h0.3166+0.127%$688K$5.3M50xas long as short
MEXC FORM_USDT+0.0100%4h0.3164+0.063%$1.2M$9.7M100xas long as short
KuCoin FORMUSDTM+0.0100%4h0.3159−0.095%$187K$1.6M30xas long as short
Bitget FORMUSDT+0.0100%4h0.3168+0.190%$977K$10.4M50xas long as short
BingX FORM-USDT+0.0100%4h0.3167+0.158%$3.9Mas long as short
BloFin FORM-USDTlong+0.0120%4h0.3162long leg$903K$410K50x