H

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.30 per $10,000 · paid last 24h +0.007%

Price spread now: Gate against BloFin−0.134%7-day average −0.113% · you buy dearer than you sell

Net, funding: paid 7d − costs−$293as in the Funding arb table

Net, price: spread back to 7d avg − costs−$270as in the Price arb table

costs, in and out, $10k−$2682.676% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.252%−$25 on $10k

Price spread, last 4 days (all we have)−0.638%−$64 · spread now −0.134%, 7d avg −0.113%

Together, before fees−0.890%−$89 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.021% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.113%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin H-USDT	0.06693	0.0159	pay 0.0080% / 4h	28m 46s	$582K	$108K	25x
Short	Gate H_USDT	0.06684	0.0100	get 0.0050% / 4h	28m 46s	$2.7M	$1.8M	10x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee GatebpOrdersPrice spread, now −0.134%Rate

Funding earned: −$12.43
Price spread: −0.134% → −0.113%: −$2.1
Slippage, 4 orders: −$240.58
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$282.12
Costs to cover: 2.676%
Break-even: never at this rate

Slippage from BloFin: live order book, 8 min ago; Gate: live order book, 4 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, 8 min ago	1.49 bp	22.9 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	6.74 bp	117.9 bp −$118	doesn't fit	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−6.619%	$1K	$1	5.5x	as long as short
KuCoin HUSDTM	+0.0056%	4h	0.06692	−0.015%	$1.6M	$10.0M	8x	as long as short
Aster HUSDT	+0.0100%	4h	0.06691	−0.028%	$109K	$54K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06696	+0.046%	$14.4M	$11.0M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06685	−0.120%	$7.4M	$4.9M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06703	+0.149%	$1.8M	$6.1M	10x	as long as short
Gate H_USDTshort	+0.0100%	4h	0.06684	−0.134%	$2.7M	$1.8M	10x
MEXC H_USDT	+0.0100%	4h	0.06694	+0.015%	$6.0M	$1.1M	20x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06684	−0.134%	$1.7M	$448K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06689	−0.060%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06685	−0.122%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06692	−0.014%	$1.1M	$432K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06694	+0.018%	$10K	$102K	5x	as long as short
BloFin H-USDTlong	+0.0159%	4h	0.06693	long leg	$582K	$108K	25x