Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h +0.004%
Price spread now: BloFin against Gate+0.208%63s7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$281as 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−$2782.783% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.223%−$22 · spread now +0.208%, 7d avg +0.084%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.124% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.084%. The two prices were read 63 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 OPEN_USDT | 0.1444 | 0.0100 | pay 0.0100% / 8h | 1h 04m | $825K | $186K | 75x |
| Short | BloFin OPEN-USDT | 0.1447 | 0.0119 | get 0.0059% / 4h | 1h 04m | $677K | $12K | 75x |
Gate OPEN_USDT
BloFin OPEN-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
- $3.94
- Price spread: +0.208% → +0.084%
- $12.39
- Slippage, 4 orders
- −$251.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$261.94
- Costs to cover
- 2.783%
- Break-even
- 472.8 days
Slippage from Gate: live order book, 38 min ago; BloFin: live order book, 17 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, 38 min ago | 6.91 bp | 113.6 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 3.45 bp | 35.3 bp −$35 | 92.6 bp −$926 | doesn't fit | doesn't fit |
OPEN 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster OPENUSDT | +0.0100% | 4h | 0.1445 | +0.074% | $253K | $2K | 5x | as long as short |
| Binance OPENUSDT | +0.0100% | 4h | 0.1442 | −0.121% | $7.1M | $2.5M | 75x | as long as short |
| Gate OPEN_USDTlong | +0.0100% | 8h | 0.1444 | long leg | $825K | $186K | 75x | |
| KuCoin OPENUSDTM | +0.0100% | 4h | 0.1446 | +0.118% | $2.4M | $54K | 30x | as long as short |
| Extended OPEN-USD | +0.0104% | 1h | 0.1442 | −0.150% | $2K | $177K | 5x | as long as short |
| BloFin OPEN-USDTshort | +0.0119% | 4h | 0.1447 | +0.208% | $677K | $12K | 75x | |
| Bitget OPENUSDT | +0.0154% | 4h | 0.1445 | +0.069% | $2.2M | $153K | 20x | as long as short |
| Bybit OPENUSDT | +0.0767% | 4h | 0.1446 | +0.111% | $1.5M | $739K | 25x | as long as short |
| Kraken Futures PF_OPENUSD | +0.0774% | 1h | 0.1443 | −0.081% | $14K | $55K | 10x | as long as short |
Aster OPENUSDT
Binance OPENUSDT
KuCoin OPENUSDTM
Extended OPEN-USD
Bitget OPENUSDT
Bybit OPENUSDT
Kraken Futures PF_OPENUSD