Funding you earn now, next payment 04:00 UTC−0.0589%/8h= −64.5% APRnext payment −$2.94 per $10,000 · paid last 24h −0.145%
Price spread now: Gate against BloFin−0.133%63s7-day average −0.225% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.275%−$27 on $10k
+Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.133%, 7d avg −0.225%
=The price spread pays, funding is against you. Gate is 0.092% dearer against BloFin than usual: you sell high and buy low (spread −0.133% now, against its 7-day average of −0.225%): +$9 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.275% in total) that is about 2.3 days. 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 -0.275% in total (about -14.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.94 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 NAORIS-USDT | 0.03758 | 0.0689 | pay 0.0344% / 4h | 0m 07s | $290K | $10K | 10x |
| Short | Gate NAORIS_USDT | 0.03753 | 0.0100 | get 0.0050% / 4h | 0m 07s | $293K | $14K | 20x |
BloFin NAORIS-USDT
Gate NAORIS_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
- −$123.68
- Price spread: −0.133% → −0.225%
- $9.18
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$141.5
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 34 min ago; Gate: live order book, 52 min ago. Net counts fees only.
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, 34 min ago | 6.71 bp | 29.8 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 52 min ago | 29.48 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
NAORIS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NAORISUSDT | +0.0100% | 4h | 0.03756 | −0.048% | $1.1M | $450K | 20x | as long as short |
| Gate NAORIS_USDTshort | +0.0100% | 4h | 0.03753 | −0.133% | $293K | $14K | 20x | |
| KuCoin NAORISUSDTM | +0.0100% | 4h | 0.03761 | +0.080% | $444K | $28K | 10x | as long as short |
| Bitget NAORISUSDT | +0.0100% | 4h | 0.03761 | +0.080% | $3.4M | $215K | 10x | as long as short |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03755 | −0.084% | $77K | $24K | — | as long as short |
| Aster NAORISUSDT | +0.0422% | 4h | 0.03752 | −0.155% | $5K | $5K | 5x | as long as short |
| BingX NAORIS-USDT | +0.0626% | 4h | 0.03756 | −0.053% | — | $1.3M | — | as long as short |
| MEXC NAORIS_USDT | +0.0650% | 4h | 0.03767 | +0.239% | $4.4M | $223K | 100x | as long as short |
| Binance NAORISUSDT | +0.0653% | 4h | 0.03756 | −0.053% | $5.0M | $1.2M | 10x | as long as short |
| Extended NAORIS-USD | +0.0656% | 1h | 0.03755 | −0.082% | $2K | $100K | 5x | as long as short |
Bybit NAORISUSDT
KuCoin NAORISUSDTM
Bitget NAORISUSDT
Variational Omni NAORIS
Aster NAORISUSDT
BingX NAORIS-USDT
MEXC NAORIS_USDT
Binance NAORISUSDT
Extended NAORIS-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin NAORIS-USDTlong | +0.0689% | 4h | 0.03758 | long leg | $290K | $10K | 10x |