Funding you earn now, next payment 04:00 UTC+0.0039%/8h= +4.3% APRpaid last 24h −0.007%
Price spread now: Gate against BloFin−0.290%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$580as in the Funding arb table
Net, price: spread back to 7d avg − costs−$597as in the Price arb table
costs, in and out, $10k−$5695.689% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 4 days (all we have)+0.482%+$48 · spread now −0.290%, 7d avg −0.007%
=Funding pays, the price is against you. Gate is 0.283% cheaper against BloFin than usual: you would sell low and buy high (spread −0.290% now, against its 7-day average of −0.007%). If the spread goes back, that is −$28 on $10k: about 24 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.108%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LPT-USDT | 1.7220 | 0.0061 | pay 0.0030% / 4h | 1h 15m | $200K | $28K | 50x |
| Short | Gate LPT_USDT | 1.7170 | 0.0100 | get 0.0100% / 8h | 5h 15m | $235K | $878K | 50x |
BloFin LPT-USDT
Gate LPT_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $8.29
- Price spread: −0.290% → −0.007%
- −$28.32
- Slippage, 4 orders
- −$541.87
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$588.9
- Costs to cover
- 5.689%
- Break-even
- 504.0 days
Slippage from BloFin: live order book, 16 min ago; Gate: live order book, 47 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, 16 min ago | 2.90 bp | 11.3 bp −$11 | 43.6 bp −$436 | doesn't fit | doesn't fit |
| Sell Gate live order book, 47 min ago | 5.82 bp | 184.2 bp −$184 | doesn't fit | doesn't fit | doesn't fit |
LPT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_LPTUSD | −0.0527% | 1h | 1.7176 | −0.258% | $47K | $98K | 25x | as long as short |
| BloFin LPT-USDTlong | +0.0061% | 4h | 1.7220 | long leg | $200K | $28K | 50x | |
| Aster LPTUSDT | +0.0100% | 4h | 1.7175 | −0.259% | $2K | $19K | 5x | as long as short |
| Binance LPTUSDT | +0.0100% | 4h | 1.7173 | −0.275% | $3.5M | $10.5M | 50x | as long as short |
| Bybit LPTUSDT | +0.0100% | 4h | 1.7184 | −0.209% | $1.8M | $1.9M | 25x | as long as short |
| OKX LPT-USDT-SWAP | +0.0100% | 4h | 1.7150 | −0.407% | $1.4M | $3.1M | 20x | as long as short |
| Gate LPT_USDTshort | +0.0100% | 8h | 1.7170 | −0.290% | $235K | $878K | 50x | |
| MEXC LPT_USDT | +0.0100% | 4h | 1.7160 | −0.348% | $1.9M | $943K | 50x | as long as short |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.7180 | −0.232% | $312K | $165K | 50x | as long as short |
| Bitget LPTUSDT | +0.0100% | 4h | 1.7160 | −0.348% | $1.3M | $729K | 50x | as long as short |
Kraken Futures PF_LPTUSD
Aster LPTUSDT
Binance LPTUSDT
Bybit LPTUSDT
OKX LPT-USDT-SWAP
MEXC LPT_USDT
KuCoin LPTUSDTM
Bitget LPTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LPT-USDT | +0.0100% | 4h | 1.7160 | −0.348% | — | $2.5M | — | as long as short |
| Variational Omni LPT | +0.0100% | 4h | 1.7244 | +0.140% | $6K | $3K | — | as long as short |
BingX LPT-USDT
Variational Omni LPT