Funding you earn now, next payment 08:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.13 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Gate+0.312%93s7-day average +0.199% · you sell dearer than you buy
Net, funding: paid 7d − costs−$194as 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−$2052.049% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 4 days (all we have)+0.286%+$29 · spread now +0.312%, 7d avg +0.199%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.113% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.199%. The two prices were read 93 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 GENIUS_USDT | 0.3522 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $240K | $373K | 20x |
| Short | BloFin GENIUS-USDT | 0.3533 | 0.0125 | get 0.0063% / 4h | 2h 41m | $497K | $25K | 50x |
Gate GENIUS_USDT
BloFin GENIUS-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
- $5.26
- Price spread: +0.312% → +0.199%
- $11.31
- Slippage, 4 orders
- −$177.9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$188.34
- Costs to cover
- 2.049%
- Break-even
- 257.8 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 50 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, 4 min ago | 9.94 bp | 84.4 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 50 min ago | 1.42 bp | 22.5 bp −$23 | 73.5 bp −$735 | doesn't fit | doesn't fit |
GENIUS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GENIUSUSDT | +0.0100% | 4h | 0.3531 | +0.266% | $9.2M | $17.2M | 50x | as long as short |
| Bybit GENIUSUSDT | +0.0100% | 4h | 0.3528 | +0.170% | $1.4M | $2.2M | 25x | as long as short |
| Gate GENIUS_USDTlong | +0.0100% | 4h | 0.3522 | long leg | $240K | $373K | 20x | |
| MEXC GENIUS_USDT | +0.0100% | 4h | 0.3529 | +0.199% | $513K | $317K | 20x | as long as short |
| KuCoin GENIUSUSDTM | +0.0100% | 4h | 0.3526 | +0.108% | $530K | $1.8M | 20x | as long as short |
| Bitget GENIUSUSDT | +0.0100% | 4h | 0.3527 | +0.131% | $724K | $1.1M | 20x | as long as short |
| BingX GENIUS-USDT | +0.0100% | 4h | 0.3531 | +0.256% | — | $1.7M | — | as long as short |
| Variational Omni GENIUS | +0.0100% | 4h | 0.3531 | +0.266% | $92K | $37K | — | as long as short |
| SunX GENIUS-USDT | +0.0100% | 4h | 0.3529 | +0.199% | $1K | $747K | 20x | as long as short |
| Extended GENIUS-USD | +0.0104% | 1h | 0.3527 | +0.156% | $4K | $201K | 5x | as long as short |
Binance GENIUSUSDT
Bybit GENIUSUSDT
MEXC GENIUS_USDT
KuCoin GENIUSUSDTM
Bitget GENIUSUSDT
BingX GENIUS-USDT
Variational Omni GENIUS
SunX GENIUS-USDT
Extended GENIUS-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GENIUS-USDTshort | +0.0125% | 4h | 0.3533 | +0.312% | $497K | $25K | 50x | |
| Aster GENIUSUSDT | +0.0588% | 4h | 0.3528 | +0.180% | $258K | $408K | 20x | as long as short |
Aster GENIUSUSDT