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

FORM

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0055%/8h= +6.1% APRpaid last 24h +0.037%
Price spread now: BloFin against gTrade (Gains Network)+0.005%50s7-day average · you sell dearer than you buy
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. 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
LonggTrade (Gains Network) FORM/USD0.3149L −0.0007% / S +0.0008%get 0.0001% / 1h18m 24s
ShortBloFin FORM-USDT0.31490.0048get 0.0024% / 4h2h 18m$876K$412K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against gTrade (Gains Network). 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
$11.61
Price spread: +0.005% → 0.000%
$0.54
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$9.86
Costs to cover
0.220%
Break-even
12.9 days
Slippage unknown: gTrade (Gains Network): no order-book sample; BloFin: live order book, 44 min ago. 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 gTrade (Gains Network) no order-book sample
Sell BloFin live order book, 44 min ago1.61 bp23.6 bp −$2431.3 bp −$313239.3 bp −$23.9Kdoesn't fit
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/USDlongL −0.0007% / S +0.0008%1h0.3149long leg
BloFin FORM-USDTshort+0.0048%4h0.3149+0.005%$876K$412K50x
Aster FORMUSDT+0.0100%4h0.3152+0.101%$39K$1.1M5xas long as short
Binance FORMUSDT+0.0100%4h0.3152+0.101%$15.3M$172.9M50xas long as short
Bybit FORMUSDT+0.0100%4h0.3152+0.101%$1.8M$14.6M20xas long as short
MEXC FORM_USDT+0.0100%4h0.3150+0.037%$1.2M$9.8M100xas long as short
KuCoin FORMUSDTM+0.0100%4h0.3150+0.037%$184K$1.6M30xas long as short
Bitget FORMUSDT+0.0100%4h0.3151+0.069%$971K$10.5M50xas long as short
BingX FORM-USDT+0.0100%4h0.3154+0.164%$3.9Mas long as short
Gate FORM_USDT+0.0242%4h0.3152+0.101%$707K$5.4M50xas long as short