Funding you earn now, next payment 08:00 UTC+0.1165%/8h= +127.6% APRnext payment +$5.82 per $10,000 · paid last 24h +0.099%
Price spread now: BloFin against Gate−0.284%7-day average −0.164% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.609%+$61 on $10k
+Price spread, last 4 days (all we have)+0.247%+$25 · spread now −0.284%, 7d avg −0.164%
=Funding pays, the price is against you. BloFin is 0.119% cheaper against Gate than usual: you would sell low and buy high (spread −0.284% now, against its 7-day average of −0.164%). If the spread goes back, that is −$12 on $10k: about 8 hours of funding at the current rate (+$35 a day). At the pace of the last 7 days (+0.609% in total) that is about 33 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.609% in total (about 31.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.82 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 | Gate XNY_USDT | 0.006341 | 0.0100 | pay 0.0050% / 4h | 3h 10m | $212K | $16K | 10x |
| Short | BloFin XNY-USDT | 0.006323 | 0.1265 | get 0.0632% / 4h | 3h 10m | $225K | $6K | 10x |
Gate XNY_USDT
BloFin XNY-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $244.64
- Price spread: −0.284% → −0.164%
- −$11.94
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $205.7
- Costs to cover
- 0.270%
- Break-even
- 1.1 days
Slippage unknown: Gate: live order book, 35 min ago; BloFin: live order book, 10 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 live order book, 35 min ago | 7.07 bp | 9057.2 bp −$9,057 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 10 min ago | 6.35 bp | 39.7 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
XNY 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate XNY_USDTlong | +0.0100% | 4h | 0.006341 | long leg | $212K | $16K | 10x | |
| KuCoin XNYUSDTM | +0.0100% | 4h | 0.006295 | −0.725% | $294K | $16K | 10x | as long as short |
| Variational Omni XNY | +0.0100% | 4h | 0.006318 | −0.357% | $53K | $1K | — | as long as short |
| Bybit XNYUSDT | +0.0323% | 4h | 0.006315 | −0.410% | $442K | $33K | 5x | as long as short |
| Aster XNYUSDT | +0.1157% | 4h | 0.006298 | −0.674% | $6K | $4K | 5x | as long as short |
| BingX XNY-USDT | +0.1234% | 4h | 0.006324 | −0.268% | — | $1.3M | — | as long as short |
| BloFin XNY-USDTshort | +0.1265% | 4h | 0.006323 | −0.284% | $225K | $6K | 10x | |
| MEXC XNY_USDT | +0.1298% | 4h | 0.006325 | −0.252% | $177K | $97K | 100x | as long as short |
| Binance XNYUSDT | +0.1298% | 4h | 0.006327 | −0.219% | $3.7M | $1.0M | 10x | as long as short |
KuCoin XNYUSDTM
Variational Omni XNY
Bybit XNYUSDT
Aster XNYUSDT
BingX XNY-USDT
MEXC XNY_USDT
Binance XNYUSDT