Funding you earn now, next payment 04:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h −0.001%
Price spread now: Gate against BloFin−0.092%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1091.085% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)−0.189%−$19 · spread now −0.092%, 7d avg +0.017%
=Funding pays, the price is against you. Gate is 0.109% cheaper against BloFin than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of +0.017%). If the spread goes back, that is −$11 on $10k: about 26 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FORM-USDT | 0.3258 | 0.0086 | pay 0.0043% / 4h | 31m 05s | $969K | $385K | 50x |
| Short | Gate FORM_USDT | 0.3255 | 0.0100 | get 0.0050% / 4h | 31m 05s | $716K | $5.0M | 50x |
BloFin FORM-USDT
Gate FORM_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
- $2.98
- Price spread: −0.092% → +0.017%
- −$10.87
- Slippage, 4 orders
- −$81.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$116.4
- Costs to cover
- 1.085%
- Break-even
- 280.7 days
Slippage from BloFin: live order book, 26 min ago; Gate: 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 BloFin live order book, 26 min ago | 10.68 bp | 22.3 bp −$22 | 70.4 bp −$704 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 10.77 bp | 30.7 bp −$31 | 172.0 bp −$1,720 | doesn't fit | doesn't fit |
FORM on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) FORM/USD | L −0.0007% / S +0.0008% | 1h | 0.3251 | −0.225% | — | — | — | as long as short |
| BloFin FORM-USDTlong | +0.0086% | 4h | 0.3258 | long leg | $969K | $385K | 50x | |
| Aster FORMUSDT | +0.0100% | 4h | 0.3256 | −0.047% | $44K | $974K | 5x | as long as short |
| Binance FORMUSDT | +0.0100% | 4h | 0.3253 | −0.165% | $16.8M | $163.5M | 50x | as long as short |
| Gate FORM_USDTshort | +0.0100% | 4h | 0.3255 | −0.092% | $716K | $5.0M | 50x | |
| MEXC FORM_USDT | +0.0100% | 4h | 0.3259 | +0.031% | $1.5M | $9.4M | 100x | as long as short |
| Bitget FORMUSDT | +0.0100% | 4h | 0.3256 | −0.061% | $1.1M | $9.9M | 50x | as long as short |
| KuCoin FORMUSDTM | +0.0148% | 4h | 0.3254 | −0.123% | $234K | $1.5M | 30x | as long as short |
| Bybit FORMUSDT | +0.0181% | 4h | 0.3236 | −0.675% | $2.1M | $13.7M | 20x | as long as short |
| BingX FORM-USDT | +0.0208% | 4h | 0.3258 | 0.000% | — | $3.8M | — | as long as short |
gTrade (Gains Network) FORM/USD
Aster FORMUSDT
Binance FORMUSDT
MEXC FORM_USDT
Bitget FORMUSDT
KuCoin FORMUSDTM
Bybit FORMUSDT
BingX FORM-USDT