Funding you earn now, next payment 04:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h −0.010%
Price spread now: BloFin against Gate+0.243%93s7-day average −0.045% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.243%, 7d avg −0.045%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.288% dearer against Gate than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.045%. Mind the row above: over the last 7 days funding on this pair cost −0.143%, so the current rate has only just turned in your favour. 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 | Gate RED_USDT | 0.1563 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $359K | $95K | 25x |
| Short | BloFin RED-USDT | 0.1567 | 0.0139 | get 0.0070% / 4h | 1h 43m | $225K | $5K | 25x |
Gate RED_USDT
BloFin RED-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
- $8.25
- Price spread: +0.243% → −0.045%
- $28.81
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $10.06
- Costs to cover
- 0.270%
- Break-even
- from the start
Slippage unknown: Gate: live order book, 17 min ago; BloFin: live order book, 77 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 Gate live order book, 17 min ago | 6.39 bp | 434.9 bp −$435 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 77 min ago | 1.62 bp | 57.1 bp −$57 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster REDUSDT | +0.0100% | 4h | 0.1561 | −0.128% | $28K | $39K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1563 | 0.000% | $2.4M | $3.9M | 50x | as long as short |
| Bybit REDUSDT | +0.0100% | 4h | 0.1564 | +0.045% | $2.1M | $1.8M | 25x | as long as short |
| Gate RED_USDTlong | +0.0100% | 4h | 0.1563 | long leg | $359K | $95K | 25x | |
| Bitget REDUSDT | +0.0100% | 4h | 0.1564 | +0.064% | $737K | $284K | 20x | as long as short |
| Variational Omni RED | +0.0100% | 4h | 0.1564 | +0.037% | $26K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1600 | +2.367% | $2K | $740K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1563 | −0.026% | $31 | — | 5x | as long as short |
| BloFin RED-USDTshort | +0.0139% | 4h | 0.1567 | +0.243% | $225K | $5K | 25x | |
| MEXC RED_USDT | +0.0486% | 4h | 0.1563 | 0.000% | $498K | $169K | 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