ID

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0276%/8h= +30.2% APRnext payment +$1.38 per $10,000 · paid last 24h +0.067%

Price spread now: Gate against BloFin+0.054%63s7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as 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−$1101.099% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.123%+$12 on $10k

Price spread, last 3 days (all we have)−0.111%−$11 · spread now +0.054%, 7d avg −0.023%

Together, before fees+0.012%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Gate is 0.077% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.023%. The two prices were read 63 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 0.123% in total (about 6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.38 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 ID-USDT	0.03729	0.0148	pay 0.0074% / 4h	2h 56m	$163K	$11K	50x
Short	Gate ID_USDT	0.03731	0.0424	get 0.0212% / 4h	2h 56m	$271K	$205K	25x

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 +0.054%Rate

Funding earned: $57.9
Price spread: +0.054% → −0.023%: $7.67
Slippage, 4 orders: −$82.89
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$44.32
Costs to cover: 1.099%
Break-even: 12.4 days

Slippage from BloFin: live order book, 25 min ago; Gate: live order book, 28 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, 25 min ago	2.68 bp	13.0 bp −$13	37.4 bp −$374	doesn't fit	doesn't fit
Sell Gate live order book, 28 min ago	6.71 bp	38.6 bp −$39	doesn't fit	doesn't fit	doesn't fit

ID on 11 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
Aster IDUSDT	+0.0100%	4h	0.03732	+0.070%	$9K	$2K	5x	as long as short
Binance IDUSDT	+0.0100%	4h	0.03734	+0.128%	$2.4M	$3.4M	50x	as long as short
Bybit IDUSDT	+0.0100%	8h	0.03734	+0.134%	$1.4M	$1.0M	25x	as long as short
MEXC ID_USDT	+0.0100%	4h	0.03732	+0.080%	$340K	$135K	20x	as long as short
Bitget IDUSDT	+0.0100%	4h	0.03733	+0.107%	$767K	$556K	50x	as long as short
BingX ID-USDT	+0.0100%	4h	0.03734	+0.134%	—	$2.3M	—	as long as short
Variational Omni ID	+0.0100%	8h	0.03732	+0.082%	$12K	$20K	—	as long as short
BloFin ID-USDTlong	+0.0148%	4h	0.03729	long leg	$163K	$11K	50x
KuCoin IDUSDTM	+0.0272%	4h	0.03729	0.000%	$1.0M	$61K	30x	as long as short
Gate ID_USDTshort	+0.0424%	4h	0.03731	+0.054%	$271K	$205K	25x

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_IDUSD	+0.0442%	1h	0.03738	+0.232%	$4K	$2K	10x	as long as short