Settings8H · net · $10k
Funding arb · Price arb /

SUPER

all SUPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.044%
Price spread now: BloFin against Gate+0.092%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$496as in the Funding arb table
Net, price: spread back to 7d avg − costs−$508as in the Price arb table
costs, in and out, $10k−$5125.121% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.160%+$16 on $10k
Price spread, last 4 days (all we have)−1.750%−$175 · spread now +0.092%, 7d avg +0.047%
Together, before fees−1.590%−$159 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.046% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.047%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.160% in total (about 8.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SUPER_USDT0.15170.0100pay 0.0100% / 8h5h 44m$131K$90K50x
ShortBloFin SUPER-USDT0.15180.0340get 0.0170% / 4h1h 44m$151K$172K75x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$50.4
Price spread: +0.092% → +0.047%
$4.55
Slippage, 4 orders
−$485.08
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$457.13
Costs to cover
5.121%
Break-even
70.5 days
Slippage from Gate: live order book, 10 min ago; BloFin: live order book, 74 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 10 min ago9.84 bp234.9 bp −$235doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 74 min ago2.97 bp14.1 bp −$1448.7 bp −$487doesn't fitdoesn't fit

SUPER on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid SUPER+0.0100%1h0.1523+0.379%$525K$325K3xas long as short
Binance SUPERUSDT+0.0100%4h0.1520+0.172%$2.3M$5.4M50xas long as short
Gate SUPER_USDTlong+0.0100%8h0.1517long leg$131K$90K50x
MEXC SUPER_USDT+0.0100%4h0.1520+0.198%$1.6M$605K20xas long as short
KuCoin SUPERUSDTM+0.0100%4h0.1521+0.264%$620K$214K50xas long as short
Bitget SUPERUSDT+0.0100%4h0.1520+0.198%$545K$267K25xas long as short
Bybit SUPERUSDT+0.0175%4h0.1520+0.198%$1.1M$1.6M25xas long as short
BingX SUPER-USDT+0.0204%4h0.1520+0.185%$2.4Mas long as short
Variational Omni SUPER+0.0305%4h0.1521+0.240%$80K$2Kas long as short
BloFin SUPER-USDTshort+0.0340%4h0.1518+0.092%$151K$172K75x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SUPERUSD+0.3097%1h0.1525+0.539%$51K$8K10xas long as short