Funding you earn now, next payment 08:00 UTC+0.0250%/8h= +27.3% APRpaid last 24h +0.143%
Price spread now: BloFin against Gate−0.055%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$1881.879% of the position
Funding, last 7 days+0.576%+$58 on $10k
+Price spread, last 4 days (all we have)+0.211%+$21 · spread now −0.055%, 7d avg +0.070%
=Funding pays, the price is against you. BloFin is 0.125% cheaper against Gate than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of +0.070%). If the spread goes back, that is −$12 on $10k: about 40 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate LIGHT_USDT | 0.1819 | 0.0100 | pay 0.0100% / 8h | 3h 33m | $2.3M | $564K | 10x |
| Short | BloFin LIGHT-USDT | 0.1818 | 0.0350 | get 0.0175% / 4h | 3h 33m | $238K | $15K | 10x |
Gate LIGHT_USDT
BloFin LIGHT-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
- $52.43
- Price spread: −0.055% → +0.070%
- −$12.49
- Slippage, 4 orders
- −$160.85
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$147.91
- Costs to cover
- 1.879%
- Break-even
- 26.7 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 58 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 | 5.49 bp | 67.0 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 58 min ago | 5.53 bp | 26.2 bp −$26 | 87.2 bp −$872 | doesn't fit | doesn't fit |
LIGHT 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX LIGHT-USDT-SWAP | +0.0100% | 4h | 0.1819 | 0.000% | $900K | $1.3M | 10x | as long as short |
| Gate LIGHT_USDTlong | +0.0100% | 8h | 0.1819 | long leg | $2.3M | $564K | 10x | |
| SunX LIGHT-USDT | +0.0100% | 4h | 0.1817 | −0.110% | $1K | $1.4M | 20x | as long as short |
| KuCoin LIGHTUSDTM | +0.0226% | 4h | 0.1818 | −0.071% | $2.0M | $2.5M | 10x | as long as short |
| Aster LIGHTUSDT | +0.0273% | 4h | 0.1819 | −0.011% | $22K | $6K | 5x | as long as short |
| BloFin LIGHT-USDTshort | +0.0350% | 4h | 0.1818 | −0.055% | $238K | $15K | 10x | |
| Binance LIGHTUSDT | +0.0373% | 4h | 0.1820 | +0.055% | $4.2M | $3.1M | 10x | as long as short |
| MEXC LIGHT_USDT | +0.0374% | 4h | 0.1820 | +0.055% | $1.4M | $290K | 50x | as long as short |
| Bybit LIGHTUSDT | +0.1161% | 4h | 0.1820 | +0.038% | $2.2M | $608K | 13x | as long as short |
OKX LIGHT-USDT-SWAP
SunX LIGHT-USDT
KuCoin LIGHTUSDTM
Aster LIGHTUSDT
Binance LIGHTUSDT
MEXC LIGHT_USDT
Bybit LIGHTUSDT