Funding you earn now, next payment 04:00 UTC−0.0024%/8h= −2.7% APRpaid last 24h −0.006%
Price spread now: BloFin against Gate−0.202%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.202% cheaper against Gate than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORDER_USDT | 0.03968 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $73K | $62K | 20x |
| Short | BloFin ORDER-USDT | 0.03960 | 0.0076 | get 0.0076% / 8h | 6h 55m | $65K | $7K | 16x |
Gate ORDER_USDT
BloFin ORDER-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
- −$5.11
- Price spread: −0.202% → 0.000%
- −$20.16
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$52.27
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; BloFin: no order-book sample. 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 Gate no order-book sample | — | — | — | — | — |
| Sell BloFin no order-book sample | — | — | — | — | — |
Gate and BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ORDER 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ORDER-USDTshort | +0.0076% | 8h | 0.03960 | −0.202% | $65K | $7K | 16x | |
| Binance ORDERUSDT | +0.0100% | 4h | 0.03973 | +0.127% | $1.4M | $1.5M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.03962 | −0.151% | $1.3M | $587K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.03971 | +0.076% | $161K | $270K | 20x | as long as short |
| Gate ORDER_USDTlong | +0.0100% | 4h | 0.03968 | long leg | $73K | $62K | 20x | |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.03970 | +0.050% | $268K | $98K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.03972 | +0.101% | $219K | $84K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.03963 | −0.126% | $475K | $201K | 20x | as long as short |
| BingX ORDER-USDT | +0.0100% | 4h | 0.03968 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.03962 | −0.154% | $10K | $2K | — | as long as short |
Binance ORDERUSDT
Bybit ORDERUSDT
OKX ORDER-USDT-SWAP
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
BingX ORDER-USDT
Variational Omni ORDERShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDC | +0.0837% | 4h | 0.03968 | 0.000% | $187K | $211K | 10x | as long as short |
Orderly PERP_ORDER_USDC