Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +1.9% APRpaid last 24h −0.003%
Price spread now: BloFin against Gate+0.144%78s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$392as 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−$3883.882% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.144%, 7d avg +0.007%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.137% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.007%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MASK_USDT | 0.4856 | 0.0100 | pay 0.0100% / 8h | 23m 47s | $278K | $129K | 50x |
| Short | BloFin MASK-USDT | 0.4863 | 0.0118 | get 0.0059% / 4h | 23m 47s | $126K | $15K | 50x |
Gate MASK_USDT
BloFin MASK-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
- $3.69
- Price spread: +0.144% → +0.007%
- $13.73
- Slippage, 4 orders
- −$361.19
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$370.77
- Costs to cover
- 3.882%
- Break-even
- 710.6 days
Slippage from Gate: live order book, 11 min ago; BloFin: live order book, 38 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, 11 min ago | 7.19 bp | 235.9 bp −$236 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 38 min ago | 5.16 bp | 15.7 bp −$16 | 43.0 bp −$430 | doesn't fit | doesn't fit |
MASK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MASKUSDT | +0.0100% | 4h | 0.4863 | +0.137% | $2.5M | $4.1M | 50x | as long as short |
| Bybit MASKUSDT | +0.0100% | 4h | 0.4855 | −0.021% | $1.3M | $766K | 50x | as long as short |
| OKX MASK-USDT-SWAP | +0.0100% | 8h | 0.4856 | 0.000% | $519K | $863K | 20x | as long as short |
| Gate MASK_USDTlong | +0.0100% | 8h | 0.4856 | long leg | $278K | $129K | 50x | |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4859 | +0.062% | $995K | $234K | 50x | as long as short |
| KuCoin MASKUSDTM | +0.0100% | 4h | 0.4861 | +0.103% | $596K | $158K | 50x | as long as short |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4861 | +0.103% | $522K | $332K | 50x | as long as short |
| BingX MASK-USDT | +0.0100% | 4h | 0.4857 | +0.021% | — | $2.3M | — | as long as short |
| Variational Omni MASK | +0.0100% | 4h | 0.4862 | +0.126% | $23K | $31 | — | as long as short |
| BloFin MASK-USDTshort | +0.0118% | 4h | 0.4863 | +0.144% | $126K | $15K | 50x |
Binance MASKUSDT
Bybit MASKUSDT
OKX MASK-USDT-SWAP
MEXC MASK_USDT
KuCoin MASKUSDTM
Bitget MASKUSDT
BingX MASK-USDT
Variational Omni MASK