Funding you earn now, next payment 04:00 UTC−0.1430%/8h= −156.5% APRnext payment −$7.15 per $10,000 · paid last 24h −0.130%
Price spread now: BloFin against Gate+0.066%93s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3053.048% of the position
Funding, last 4 days (all we have)+0.391%+$39 on $10k
+Price spread, last 4 days (all we have)−1.724%−$172 · spread now +0.066%, 7d avg +0.006%
=The price spread pays, funding is against you. BloFin is 0.060% dearer against Gate than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of +0.006%): +$6 on $10k if it goes back. Holding the pair costs −$43 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 4 days funding on this pair paid +0.391%, so the current rate has only just turned against you. The two prices were read 93 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 4 days it paid 0.391% in total (about 39.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.15 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 | Gate STONK_USDT | 0.3664 | 0.1790 | pay 0.0895% / 4h | 51m 44s | $957K | $1.8M | 10x |
| Short | BloFin STONK-USDT | 0.3666 | 0.0360 | get 0.0180% / 4h | 51m 44s | $91K | $223K | 5x |
Gate STONK_USDT
BloFin STONK-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
- −$300.23
- Price spread: +0.066% → +0.006%
- $5.98
- Slippage, 4 orders
- −$277.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$599.03
- Costs to cover
- 3.048%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 47 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, 1 min ago | 17.14 bp | 97.0 bp −$97 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 47 min ago | 4.05 bp | 44.4 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
STONK 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit STONKUSDT | +0.0100% | 4h | 0.3651 | −0.344% | $1.7M | $6.4M | 5x | as long as short |
| MEXC STONK_USDT | +0.0100% | 4h | 0.3661 | −0.060% | $845K | $1.0M | 20x | as long as short |
| Bitget STONKUSDT | +0.0100% | 4h | 0.3662 | −0.033% | $368K | $2.2M | 10x | as long as short |
| BingX STONK-USDT | +0.0100% | 4h | 0.3654 | −0.262% | — | $914K | — | as long as short |
| BloFin STONK-USDTshort | +0.0360% | 4h | 0.3666 | +0.066% | $91K | $223K | 5x | |
| Aster STONKUSDT | +0.0988% | 1h | 0.3660 | −0.098% | $505K | $1.1M | 10x | as long as short |
| Phoenix STONK | +0.1036% | 1h | 0.3682 | +0.491% | $213K | $259K | 3x | as long as short |
| Gate STONK_USDTlong | +0.1790% | 4h | 0.3664 | long leg | $957K | $1.8M | 10x | |
| Lighter STONK | +0.1888% | 1h | 0.3674 | +0.278% | $438K | $414K | 5x | as long as short |
Bybit STONKUSDT
MEXC STONK_USDT
Bitget STONKUSDT
BingX STONK-USDT
Aster STONKUSDT
Phoenix STONK
Lighter STONK