Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.6% APRpaid last 24h 0.000%
Price spread now: BloFin against Gate−0.334%63s7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$578as 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−$5435.430% of the position
Funding, last 7 days−0.351%−$35 on $10k
+Price spread, last 4 days (all we have)+0.401%+$40 · spread now −0.334%, 7d avg −0.135%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.200% cheaper against Gate than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.135%). Swap the legs. 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 POWER_USDT | 0.1226 | 0.0100 | pay 0.0100% / 8h | 4h 30m | $231K | $115K | 20x |
| Short | BloFin POWER-USDT | 0.1222 | 0.0068 | get 0.0034% / 4h | 30m 13s | $210K | $131K | 20x |
Gate POWER_USDT
BloFin POWER-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
- −$6.81
- Price spread: −0.334% → −0.135%
- −$19.98
- Slippage, 4 orders
- −$516.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$569.81
- Costs to cover
- 5.430%
- Break-even
- never at this rate
Slippage from Gate: live order book, 21 min ago; BloFin: live order book, 68 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, 21 min ago | 8.60 bp | 222.2 bp −$222 | 45822.7 bp −$458.2K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 68 min ago | 0.82 bp | 30.8 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
POWER 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin POWER-USDTshort | +0.0068% | 4h | 0.1222 | −0.334% | $210K | $131K | 20x | |
| Binance POWERUSDT | +0.0100% | 4h | 0.1221 | −0.363% | $3.6M | $5.6M | 20x | as long as short |
| Bybit POWERUSDT | +0.0100% | 4h | 0.1224 | −0.188% | $2.0M | $1.5M | 20x | as long as short |
| Gate POWER_USDTlong | +0.0100% | 8h | 0.1226 | long leg | $231K | $115K | 20x | |
| MEXC POWER_USDT | +0.0100% | 4h | 0.1223 | −0.228% | $14.1M | $438K | 20x | as long as short |
| KuCoin POWERUSDTM | +0.0100% | 4h | 0.1220 | −0.522% | $2.4M | $15.1M | 20x | as long as short |
| Bitget POWERUSDT | +0.0100% | 4h | 0.1224 | −0.139% | $3.3M | $511K | 20x | as long as short |
| BingX POWER-USDT | +0.0100% | 4h | 0.1225 | −0.041% | — | $1.4M | — | as long as short |
| Variational Omni POWER | +0.0100% | 4h | 0.1221 | −0.389% | $18K | $3K | — | as long as short |
| Aster POWERUSDT | +0.0245% | 4h | 0.1220 | −0.470% | $24K | $26K | 5x | as long as short |
Binance POWERUSDT
Bybit POWERUSDT
MEXC POWER_USDT
KuCoin POWERUSDTM
Bitget POWERUSDT
BingX POWER-USDT
Variational Omni POWER
Aster POWERUSDT