Funding you earn now, next payment 04:00 UTC−0.0465%/8h= −50.9% APRnext payment −$2.32 per $10,000 · paid last 24h −0.089%
Price spread now: Gate against BloFin−0.205%78s7-day average −0.266% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.299%−$30 on $10k
+Price spread, last 4 days (all we have)−0.163%−$16 · spread now −0.205%, 7d avg −0.266%
=The price spread pays, funding is against you. Gate is 0.061% dearer against BloFin than usual: you sell high and buy low (spread −0.205% now, against its 7-day average of −0.266%): +$6 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.299% in total) that is about 34 hours. The two prices were read 78 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 -0.299% in total (about -15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.32 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 Q-USDT | 0.02582 | 0.0565 | pay 0.0282% / 4h | 3m 58s | $387K | $72K | 40x |
| Short | Gate Q_USDT | 0.02577 | 0.0100 | get 0.0050% / 4h | 3m 58s | $1.2M | $294K | 10x |
BloFin Q-USDT
Gate Q_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
- −$97.63
- Price spread: −0.205% → −0.266%
- $6.12
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$118.51
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 31 min ago; Gate: live order book, 3 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, 31 min ago | 0.39 bp | 25.2 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 13.20 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Q 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDTshort | +0.0100% | 4h | 0.02577 | −0.205% | $1.2M | $294K | 10x | |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02574 | −0.314% | $683K | $19K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02581 | −0.058% | $2.3M | $137K | 20x | as long as short |
| MEXC Q_USDT | +0.0540% | 4h | 0.02581 | −0.039% | $123K | $89K | 50x | as long as short |
| Extended Q-USD | +0.0544% | 1h | 0.02580 | −0.068% | $8K | $158K | 5x | as long as short |
| Binance QUSDT | +0.0545% | 4h | 0.02581 | −0.042% | $7.1M | $1.3M | 20x | as long as short |
| BloFin Q-USDTlong | +0.0565% | 4h | 0.02582 | long leg | $387K | $72K | 40x | |
| Aster QUSDT | +0.0628% | 4h | 0.02573 | −0.348% | $59K | $47K | 5x | as long as short |
| BingX Q-USDT | +0.0852% | 4h | 0.02584 | +0.062% | — | $1.3M | — | as long as short |
| Bybit QUSDT | +0.0893% | 4h | 0.02578 | −0.139% | $1.6M | $387K | 13x | as long as short |
KuCoin QUSDTM
Bitget QUSDT
MEXC Q_USDT
Extended Q-USD
Binance QUSDT
Aster QUSDT
BingX Q-USDT
Bybit QUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni Q | +0.0952% | 4h | 0.02582 | −0.017% | $621 | $2K | — | as long as short |
Variational Omni Q