Funding you earn now, next payment 00:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.28 per $10,000 · paid last 24h +0.009%
Price spread now: Gate against BloFin+0.160%93s7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,022as 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−$1,03610.358% of the position
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 3 days (all we have)−0.226%−$23 · spread now +0.160%, 7d avg +0.040%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.119% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.040%. The two prices were read 93 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 | BloFin RED-USDT | 0.1504 | 0.0043 | pay 0.0022% / 4h | 1h 17m | $225K | $5K | 25x |
| Short | Gate RED_USDT | 0.1506 | 0.0100 | get 0.0050% / 4h | 1h 17m | $348K | $151K | 25x |
BloFin RED-USDT
Gate RED_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
- $11.95
- Price spread: +0.160% → +0.040%
- $11.92
- Slippage, 4 orders
- −$1,008.81
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,011.94
- Costs to cover
- 10.358%
- Break-even
- 599.8 days
Slippage from BloFin: live order book, 58 min ago; Gate: live order book, 63 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 BloFin live order book, 58 min ago | 4.64 bp | 43.2 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 63 min ago | 6.60 bp | 415.9 bp −$416 | doesn't fit | doesn't fit | doesn't fit |
RED 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 RED-USDTlong | +0.0043% | 4h | 0.1504 | long leg | $225K | $5K | 25x | |
| Aster REDUSDT | +0.0100% | 4h | 0.1506 | +0.175% | $21K | $33K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1506 | +0.160% | $2.4M | $3.9M | 50x | as long as short |
| Bybit REDUSDT | +0.0100% | 4h | 0.1505 | +0.126% | $2.2M | $1.7M | 25x | as long as short |
| Gate RED_USDTshort | +0.0100% | 4h | 0.1506 | +0.160% | $348K | $151K | 25x | |
| Bitget REDUSDT | +0.0100% | 4h | 0.1505 | +0.093% | $721K | $297K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1505 | +0.117% | $25K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1543 | +2.620% | $2K | $662K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1506 | +0.140% | $30 | — | 5x | as long as short |
| MEXC RED_USDT | +0.0386% | 4h | 0.1506 | +0.160% | $551K | $173K | 20x | as long as short |
Aster REDUSDT
Binance REDUSDT
Bybit REDUSDT
Bitget REDUSDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
MEXC RED_USDT