TOWNS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against Gate−0.048%93s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.076%+$8 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. BloFin is 0.048% cheaper against Gate than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 5.8 days of funding at the current rate (+$1 a day). The two prices were read 93 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	Gate TOWNS_USDT	0.002073	0.0100	pay 0.0050% / 4h	51m 26s	$71K	$14K	10x
Short	BloFin TOWNS-USDT	0.002072	0.0128	get 0.0064% / 4h	51m 26s	$133K	$4K	10x

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

Position, each leg$Hold fordaysFee GatebpFee BloFinbpOrdersPrice spread, now −0.048%Rate

Funding earned: $5.86
Price spread: −0.048% → 0.000%: −$4.82
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$25.96
Costs to cover: 0.270%
Break-even: 38.0 days

Slippage unknown: Gate: no order-book sample; BloFin: live order book, 45 min ago. 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 Gate no order-book sample	—	—	—	—	—
Sell BloFin live order book, 45 min ago	4.83 bp	31.2 bp −$31	107.9 bp −$1,079	doesn't fit	doesn't fit

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.

TOWNS on 12 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
Aster TOWNSUSDT	+0.0100%	4h	0.002074	+0.061%	$10K	$6K	5x	as long as short
Binance TOWNSUSDT	+0.0100%	4h	0.002067	−0.295%	$2.0M	$1.3M	10x	as long as short
Bybit TOWNSUSDT	+0.0100%	4h	0.002066	−0.338%	$373K	$114K	5x	as long as short
Gate TOWNS_USDTlong	+0.0100%	4h	0.002073	long leg	$71K	$14K	10x
MEXC TOWNS_USDT	+0.0100%	4h	0.002067	−0.289%	$397K	$119K	100x	as long as short
KuCoin TOWNSUSDTM	+0.0100%	4h	0.002075	+0.096%	$248K	$31K	10x	as long as short
Bitget TOWNSUSDT	+0.0100%	4h	0.002074	+0.048%	$339K	$43K	5x	as long as short
BingX TOWNS-USDT	+0.0100%	4h	0.002073	0.000%	—	$2.3M	—	as long as short
Variational Omni TOWNS	+0.0100%	4h	0.002076	+0.128%	$194	$555	—	as long as short
BloFin TOWNS-USDTshort	+0.0128%	4h	0.002072	−0.048%	$133K	$4K	10x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International TOWNS-PERP-INTX	+0.0816%	1h	0.002074	+0.048%	$77K	$4K	25x	as long as short
Deribit TOWNS_USDC-PERPETUAL	+0.1682%	1h	0.002074	+0.048%	—	—	25x	as long as short