Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.100%
Price spread now: BloFin against Gate+0.390%7-day average +0.183% · you sell dearer than you buy
Net, funding: paid 7d − costs−$288as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$2412.414% of the position
Funding, last 7 days−0.471%−$47 on $10k
+Price spread, last 4 days (all we have)−0.358%−$36 · spread now +0.390%, 7d avg +0.183%
=The price spread pays, funding is against you. BloFin is 0.207% dearer against Gate than usual: you sell high and buy low (spread +0.390% now, against its 7-day average of +0.183%): +$21 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.471% in total) that is about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPACE_USDT | 0.005131 | 0.0100 | pay 0.0050% / 4h | 31m 04s | $771K | $352K | 20x |
| Short | BloFin SPACE-USDT | 0.005151 | 0.0046 | get 0.0023% / 4h | 31m 04s | $159K | $10K | 50x |
Gate SPACE_USDT
BloFin SPACE-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
- −$11.3
- Price spread: +0.390% → +0.183%
- $20.68
- Slippage, 4 orders
- −$214.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$232
- Costs to cover
- 2.414%
- Break-even
- never at this rate
Slippage from Gate: live order book, 25 min ago; BloFin: live order book, 66 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, 25 min ago | 9.75 bp | 116.9 bp −$117 | 5082.2 bp −$50.8K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 66 min ago | 1.95 bp | 39.8 bp −$40 | 113.9 bp −$1,139 | doesn't fit | doesn't fit |
SPACE on 9 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 SPACE-USDTshort | +0.0046% | 4h | 0.005151 | +0.390% | $159K | $10K | 50x | |
| Binance SPACEUSDT | +0.0100% | 4h | 0.005152 | +0.409% | $1.8M | $2.2M | 50x | as long as short |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.005142 | +0.214% | $797K | $195K | 13x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005141 | +0.195% | $1.6M | $1.2M | 20x | as long as short |
| Gate SPACE_USDTlong | +0.0100% | 4h | 0.005131 | long leg | $771K | $352K | 20x | |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005154 | +0.448% | $416K | $152K | 20x | as long as short |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.005140 | +0.175% | $652K | $100K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005134 | +0.058% | $906K | $245K | 20x | as long as short |
| Aster SPACEUSDT | +0.0849% | 4h | 0.005142 | +0.218% | $17K | $32K | 5x | as long as short |
Binance SPACEUSDT
Bybit SPACEUSDT
OKX SPACE-USDT-SWAP
MEXC SPACE_USDT
KuCoin SPACEUSDTM
Bitget SPACEUSDT
Aster SPACEUSDT