H

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0035%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.005%

Price spread now: BloFin against Gate+0.438%7-day average +0.128% · you sell dearer than you buy

Net, funding: paid 7d − costs−$331as in the Funding arb table

Net, price: spread back to 7d avg − costs−$327as in the Price arb table

costs, in and out, $10k−$3583.577% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.264%+$26 on $10k

Price spread, last 3 days (all we have)+1.070%+$107 · spread now +0.438%, 7d avg +0.128%

Together, before fees+1.334%+$133 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.310% dearer against Gate than usual: you sell high and buy low (spread +0.438% now, against its 7-day average of +0.128%): +$31 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 29 days. Mind the row above: over the last 7 days funding on this pair paid +0.264%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate H_USDT	0.07078	0.0100	pay 0.0050% / 4h	2h 50m	$2.9M	$1.8M	10x
Short	BloFin H-USDT	0.07109	0.0065	get 0.0032% / 4h	2h 50m	$601K	$114K	25x

Funding 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 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 GatebpFee BloFinbpOrdersPrice spread, now +0.438%Rate

Funding earned: −$7.43
Price spread: +0.438% → +0.128%: $31
Slippage, 4 orders: −$330.72
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$334.16
Costs to cover: 3.577%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 35 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, 2 min ago	3.52 bp	78.1 bp −$78	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 35 min ago	1.40 bp	31.7 bp −$32	115.0 bp −$1,150	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	−11.698%	$1K	$1	5.5x	as long as short
BloFin H-USDTshort	+0.0065%	4h	0.07109	+0.438%	$601K	$114K	25x
Aster HUSDT	+0.0100%	4h	0.07098	+0.288%	$119K	$46K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.07082	+0.057%	$15.3M	$10.2M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.07070	−0.113%	$7.8M	$4.3M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.07088	+0.141%	$1.7M	$5.7M	10x	as long as short
Gate H_USDTlong	+0.0100%	4h	0.07078	long leg	$2.9M	$1.8M	10x
MEXC H_USDT	+0.0100%	4h	0.07079	+0.014%	$6.5M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.07092	+0.198%	$1.6M	$9.9M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.07080	+0.028%	$1.8M	$445K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.07080	+0.028%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.07095	+0.247%	$8K	$12K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.07146	+0.962%	$1.2M	$491K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.07096	+0.258%	$12K	$107K	5x	as long as short