Funding you earn now, next payment 04:00 UTC−0.0695%/8h= −76.0% APRpaid last 24h −0.066%
Price spread now: BloFin against Gate−0.902%48s7-day average +2.588% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,668as 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−$6046.040% of the position
Funding, last 7 days−10.638%−$1,064 on $10k
+Price spread, last 4 days (all we have)+3.506%+$351 · spread now −0.902%, 7d avg +2.588%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and BloFin is 3.490% cheaper against Gate than usual: you would sell low and buy high (−$349 if the spread goes back to its 7-day average of +2.588%). Swap the legs. The two prices were read 48 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 ONE_USDT | 0.004146 | −0.0921 | get 0.0921% / 8h | 4h 04m | $1.8M | $15.6M | 20x |
| Short | BloFin ONE-USDT | 0.004109 | −0.1616 | pay 0.0202% / 1h | 4m 19s | $814K | $2.4M | 50x |
Gate ONE_USDT
BloFin ONE-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
- −$145.85
- Price spread: −0.902% → +2.588%
- −$349.04
- Slippage, 4 orders
- −$576.96
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1,098.86
- Costs to cover
- 6.040%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 4 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 | 4.84 bp | 357.7 bp −$358 | 1702.2 bp −$17.0K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 2.93 bp | 19.0 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
ONE 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ONE-USDT-SWAP | −5.4123% | 1h | 0.005235 | +26.264% | $6.2M | $242.8M | 10x | as long as short |
| Variational Omni ONE | −0.6170% | 1h | 0.004096 | −1.198% | $101K | $51K | — | as long as short |
| Aster ONEUSDT | −0.2108% | 1h | 0.004172 | +0.625% | $2.2M | $5.8M | 5x | as long as short |
| BloFin ONE-USDTshort | −0.1616% | 1h | 0.004109 | −0.902% | $814K | $2.4M | 50x | |
| Bitget ONEUSDT | −0.1144% | 1h | 0.004192 | +1.100% | $2.0M | $31.9M | 20x | as long as short |
| Gate ONE_USDTlong | −0.0921% | 8h | 0.004146 | long leg | $1.8M | $15.6M | 20x | |
| Binance ONEUSDT | −0.0680% | 1h | 0.004168 | +0.541% | $14.6M | $334.5M | 50x | as long as short |
| MEXC ONE_USDT | −0.0648% | 1h | 0.004162 | +0.388% | $11.3M | $15.5M | 20x | as long as short |
| KuCoin ONEUSDTM | −0.0128% | 1h | 0.004357 | +5.089% | $4.2M | $12.4M | 30x | as long as short |
| BingX ONE-USDT | −0.0056% | 1h | 0.004161 | +0.369% | — | $5.8M | — | as long as short |
OKX ONE-USDT-SWAP
Variational Omni ONE
Aster ONEUSDT
Bitget ONEUSDT
Binance ONEUSDT
MEXC ONE_USDT
KuCoin ONEUSDTM
BingX ONE-USDT