Funding you earn now, next payment 00:00 UTC−0.0191%/8h= −20.9% APRnext payment −$0.96 per $10,000 · paid last 24h −0.029%
Price spread now: Gate against BloFin+0.112%63s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Gate is 0.112% dearer against BloFin than usual: you sell high and buy low (spread +0.112% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 47 hours. At the pace of the last 7 days (−0.075% in total) that is about 10 days. The two prices were read 63 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 7 days it paid -0.075% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.96 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 | BloFin THE-USDT | 0.08031 | 0.0291 | pay 0.0146% / 4h | 30m 01s | $131K | $3K | 50x |
| Short | Gate THE_USDT | 0.08040 | 0.0100 | get 0.0050% / 4h | 30m 01s | $65K | $66K | 10x |
BloFin THE-USDT
Gate THE_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
- −$40.11
- Price spread: +0.112% → 0.000%
- $11.21
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$55.91
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 31 min ago; Gate: no order-book sample. Net counts fees only.
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, 31 min ago | 5.58 bp | 17.2 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate no order-book sample | — | — | — | — | — |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
THE 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX THE-USDT | +0.0070% | 4h | 0.08029 | −0.025% | — | $6.5M | — | as long as short |
| Gate THE_USDTshort | +0.0100% | 4h | 0.08040 | +0.112% | $65K | $66K | 10x | |
| Bitget THEUSDT | +0.0100% | 4h | 0.08030 | −0.012% | $400K | $322K | 10x | as long as short |
| Aster THEUSDT | +0.0134% | 4h | 0.08034 | +0.031% | $5K | $7K | 5x | as long as short |
| KuCoin THEUSDTM | +0.0160% | 4h | 0.08033 | +0.025% | $128K | $76K | 10x | as long as short |
| MEXC THE_USDT | +0.0258% | 4h | 0.08033 | +0.025% | $185K | $136K | 50x | as long as short |
| Binance THEUSDT | +0.0258% | 4h | 0.08034 | +0.031% | $2.0M | $3.7M | 10x | as long as short |
| BloFin THE-USDTlong | +0.0291% | 4h | 0.08031 | long leg | $131K | $3K | 50x | |
| Bybit THEUSDT | +0.1786% | 4h | 0.08029 | −0.025% | $552K | $338K | 20x | as long as short |
BingX THE-USDT
Bitget THEUSDT
Aster THEUSDT
KuCoin THEUSDTM
MEXC THE_USDT
Binance THEUSDT
Bybit THEUSDT