Funding you earn now, next payment 04:00 UTC−0.0211%/8h= −23.1% APRnext payment −$1.06 per $10,000 · paid last 24h −0.011%
Price spread now: Bitget against BloFin−0.849%105s7-day average +0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as 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−$1781.777% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)+0.892%+$89 · spread now −0.849%, 7d avg +0.072%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bitget is 0.921% cheaper against BloFin than usual: you would sell low and buy high (−$92 if the spread goes back to its 7-day average of +0.072%). Swap the legs. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.06 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GUN-USDT | 0.003064 | 0.0311 | pay 0.0156% / 4h | 3h 17m | $135K | $14K | 50x |
| Short | Bitget GUNUSDT | 0.003038 | 0.0100 | get 0.0050% / 4h | 3h 17m | $541K | $278K | 10x |
BloFin GUN-USDT
Bitget GUNUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$44.34
- Price spread: −0.849% → +0.072%
- −$92.09
- Slippage, 4 orders
- −$153.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$314.12
- Costs to cover
- 1.777%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 38 min ago; Bitget: live order book, 52 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, 38 min ago | 4.92 bp | 23.1 bp −$23 | 126.5 bp −$1,265 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 52 min ago | 8.20 bp | 69.0 bp −$69 | 470.9 bp −$4,709 | doesn't fit | doesn't fit |
GUN on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GUN_USDT | +0.0100% | 4h | 0.003044 | −0.653% | $185K | $127K | 20x | as long as short |
| KuCoin GUNUSDTM | +0.0100% | 4h | 0.003035 | −0.946% | $323K | $115K | 30x | as long as short |
| Bitget GUNUSDTshort | +0.0100% | 4h | 0.003038 | −0.849% | $541K | $278K | 10x | |
| BloFin GUN-USDTlong | +0.0311% | 4h | 0.003064 | long leg | $135K | $14K | 50x | |
| Binance GUNUSDT | +0.0350% | 4h | 0.003042 | −0.725% | $2.1M | $4.4M | 10x | as long as short |
| MEXC GUN_USDT | +0.0354% | 4h | 0.003032 | −1.044% | $679K | $290K | 50x | as long as short |
| BingX GUN-USDT | +0.0358% | 4h | 0.003038 | −0.849% | — | $1.3M | — | as long as short |
| Bybit GUNUSDT | +0.0573% | 4h | 0.003047 | −0.555% | $536K | $951K | 20x | as long as short |
| Aster GUNUSDT | +0.0974% | 4h | 0.003029 | −1.130% | $8K | $11K | 5x | as long as short |
Gate GUN_USDT
KuCoin GUNUSDTM
Binance GUNUSDT
MEXC GUN_USDT
BingX GUN-USDT
Bybit GUNUSDT
Aster GUNUSDT