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

TA

all TA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h −0.050%
Price spread now: Gate against BloFin−0.798%108s7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$599as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$5605.597% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.388%−$39 on $10k
Price spread, last 3 days (all we have)+0.607%+$61 · spread now −0.798%, 7d avg −0.100%
Together, before fees+0.219%+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.698% cheaper against BloFin than usual: you would sell low and buy high (spread −0.798% now, against its 7-day average of −0.100%). If the spread goes back, that is −$70 on $10k: about 2 months of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.388%, so the current rate has only just turned in your favour. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TA-USDT0.053860.0064pay 0.0032% / 4h2h 55m$297K$4K10x
ShortGate TA_USDT0.053430.0100get 0.0050% / 4h2h 55m$2.0M$38K20x

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

Profit calculator

Funding earned
$7.64
Price spread: −0.798% → −0.100%
−$69.81
Slippage, 4 orders
−$532.67
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$621.83
Costs to cover
5.597%
Break-even
576.5 days
Slippage from BloFin: live order book, 30 min ago; Gate: live order book, 2 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 BloFin live order book, 30 min ago13.08 bp48.4 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago14.91 bp230.0 bp −$230doesn't fitdoesn't fitdoesn't fit

TA on 9 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
BloFin TA-USDTlong+0.0064%4h0.05386long leg$297K$4K10x
Aster TAUSDT+0.0100%4h0.05349−0.690%$18K$2K5xas long as short
Binance TAUSDT+0.0100%4h0.05357−0.547%$6.3M$740K10xas long as short
Bybit TAUSDT+0.0100%4h0.05342−0.817%$2.0M$81K5xas long as short
Gate TA_USDTshort+0.0100%4h0.05343−0.798%$2.0M$38K20x
MEXC TA_USDT+0.0100%4h0.05357−0.538%$151K$83K50xas long as short
KuCoin TAUSDTM+0.0100%4h0.05352−0.631%$181K$17K10xas long as short
BingX TA-USDT+0.0100%4h0.05348−0.706%$2.3Mas long as short
Variational Omni TA+0.0100%4h0.05359−0.493%$16K$1as long as short