Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BloFin−0.178%78s7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1411.413% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)−0.241%−$24 · spread now −0.178%, 7d avg +0.024%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.202% cheaper against BloFin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.024%). Swap the legs. The two prices were read 78 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 | BloFin VANA-USDT | 1.1210 | 0.0140 | pay 0.0070% / 4h | 29m 49s | $99K | $8K | 50x |
| Short | Gate VANA_USDT | 1.1190 | 0.0100 | get 0.0050% / 4h | 29m 49s | $128K | $293K | 50x |
BloFin VANA-USDT
Gate VANA_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
- −$8.39
- Price spread: −0.178% → +0.024%
- −$20.21
- Slippage, 4 orders
- −$114.33
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$169.93
- Costs to cover
- 1.413%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 27 min ago; Gate: live order book, 25 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 BloFin live order book, 27 min ago | 1.79 bp | 13.2 bp −$13 | 38.5 bp −$385 | doesn't fit | doesn't fit |
| Sell Gate live order book, 25 min ago | 4.48 bp | 62.5 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
VANA on 10 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 VANAUSDT | +0.0100% | 4h | 1.1214 | +0.034% | $5K | $38K | 5x | as long as short |
| Binance VANAUSDT | +0.0100% | 4h | 1.1212 | +0.018% | $2.1M | $3.2M | 50x | as long as short |
| Bybit VANAUSDT | +0.0100% | 4h | 1.1208 | −0.018% | $1.2M | $869K | 25x | as long as short |
| OKX VANA-USDT-SWAP | +0.0100% | 4h | 1.1215 | +0.045% | $173K | $401K | 20x | as long as short |
| Gate VANA_USDTshort | +0.0100% | 4h | 1.1190 | −0.178% | $128K | $293K | 50x | |
| MEXC VANA_USDT | +0.0100% | 4h | 1.1210 | 0.000% | $226K | $110K | 20x | as long as short |
| KuCoin VANAUSDTM | +0.0100% | 4h | 1.1200 | −0.089% | $262K | $34K | 30x | as long as short |
| Bitget VANAUSDT | +0.0100% | 4h | 1.1210 | 0.000% | $447K | $296K | 50x | as long as short |
| BingX VANA-USDT | +0.0100% | 4h | 1.1210 | 0.000% | — | $6.5M | — | as long as short |
| BloFin VANA-USDTlong | +0.0140% | 4h | 1.1210 | long leg | $99K | $8K | 50x |
Aster VANAUSDT
Binance VANAUSDT
Bybit VANAUSDT
OKX VANA-USDT-SWAP
MEXC VANA_USDT
KuCoin VANAUSDTM
Bitget VANAUSDT
BingX VANA-USDT