Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.005%
Price spread now: Gate against BloFin−0.151%78s7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as 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−$1971.969% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+0.281%+$28 · spread now −0.151%, 7d avg +0.065%
=Funding pays, the price is against you. Gate is 0.217% cheaper against BloFin than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of +0.065%). If the spread goes back, that is −$22 on $10k: about 35 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.021% in total) that is about 2 months. The two prices were read 78 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 SSV-USDT | 3.3010 | 0.0080 | pay 0.0080% / 8h | 1h 59m | $118K | $87K | 75x |
| Short | Gate SSV_USDT | 3.2960 | 0.0100 | get 0.0100% / 8h | 1h 59m | $141K | $83K | 25x |
BloFin SSV-USDT
Gate SSV_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
- $4.28
- Price spread: −0.151% → +0.065%
- −$21.68
- Slippage, 4 orders
- −$169.87
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$214.26
- Costs to cover
- 1.969%
- Break-even
- 357.3 days
Slippage from BloFin: live order book, 6 min ago; Gate: live order book, 41 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, 6 min ago | 4.54 bp | 19.2 bp −$19 | 58.6 bp −$586 | doesn't fit | doesn't fit |
| Sell Gate live order book, 41 min ago | 10.65 bp | 77.1 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
SSV 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SSV-USDTlong | +0.0080% | 8h | 3.3010 | long leg | $118K | $87K | 75x | |
| Variational Omni SSV | +0.0080% | 8h | 3.2904 | −0.321% | $821 | $1 | — | as long as short |
| Binance SSVUSDT | +0.0100% | 8h | 3.2950 | −0.182% | $2.3M | $3.0M | 50x | as long as short |
| Bybit SSVUSDT | +0.0100% | 8h | 3.2920 | −0.273% | $562K | $332K | 50x | as long as short |
| OKX SSV-USDT-SWAP | +0.0100% | 8h | 3.2950 | −0.182% | $536K | $887K | 20x | as long as short |
| Gate SSV_USDTshort | +0.0100% | 8h | 3.2960 | −0.151% | $141K | $83K | 25x | |
| MEXC SSV_USDT | +0.0100% | 8h | 3.2950 | −0.182% | $195K | $148K | 50x | as long as short |
| KuCoin SSVUSDTM | +0.0100% | 8h | 3.2900 | −0.333% | $243K | $48K | 30x | as long as short |
| Bitget SSVUSDT | +0.0100% | 8h | 3.2930 | −0.242% | $535K | $352K | 50x | as long as short |
| BingX SSV-USDT | +0.0100% | 8h | 3.2960 | −0.151% | — | $2.3M | — | as long as short |
Variational Omni SSV
Binance SSVUSDT
Bybit SSVUSDT
OKX SSV-USDT-SWAP
MEXC SSV_USDT
KuCoin SSVUSDTM
Bitget SSVUSDT
BingX SSV-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SSVUSD | +0.1735% | 1h | 3.3069 | +0.178% | $10K | $15K | 10x | as long as short |
Kraken Futures PF_SSVUSD