BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0171%/8h= −18.7% APRnext payment −$1.71 per $10,000 · paid last 24h −0.003%

Price spread now: Gate against BloFin−0.098%78s7-day average −0.080% · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as 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−$620.618% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.207%−$21 on $10k

Price spread, last 4 days (all we have)−0.227%−$23 · spread now −0.098%, 7d avg −0.080%

Together, before fees−0.434%−$43 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.080%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. 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 BE-USDT	274.97	0.0171	pay 0.0171% / 8h	3h 57m	$45K	$141K	20x
Short	Gate BE_USDT	274.70	0	get 0.0000% / 8h	3h 57m	$1.5M	$3.3M	50x

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

Position, each leg$Hold fordaysFee BloFinbpFee GatebpOrdersPrice spread, now −0.098%Rate

Funding earned: −$35.82
Price spread: −0.098% → −0.080%: −$1.78
Slippage, 4 orders: −$34.76
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$99.36
Costs to cover: 0.618%
Break-even: never at this rate

Slippage from BloFin: live order book, 31 min ago; Gate: live order book, 5 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, 31 min ago	0.55 bp	12.6 bp −$13	26.0 bp −$260	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	3.64 bp	23.3 bp −$23	48.2 bp −$482	75.7 bp −$7,567	doesn't fit

BE on 21 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 BEUSDT	0.0000%	8h	274.75	−0.080%	$346K	$119K	20x	as long as short
Gate BE_USDTshort	0.0000%	8h	274.70	−0.098%	$1.5M	$3.3M	50x
Bitget BEUSDT	0.0000%	8h	274.80	−0.062%	$1.7M	$2.5M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	275.23	+0.095%	$7K	$163K	10x	as long as short
SunX BE-USDT	0.0000%	8h	274.94	−0.011%	$1K	$2.4M	10x	as long as short
HTX BE-USDT	0.0000%	8h	275.67	+0.255%	$13K	$35K	20x	as long as short
Lighter BE	+0.0032%	1h	274.56	−0.149%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	274.73	−0.087%	$251K	$290K	10x	as long as short
QFEX BE-USD	+0.0036%	1h	274.95	−0.007%	$1.3M	$2.7M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	274.85	−0.044%	$115K	$109K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BE-USD-PERP	+0.0046%	1h	274.92	−0.018%	—	—	10x	as long as short
Extended BE-USD	+0.0048%	1h	274.81	−0.059%	$46K	$260K	10x	as long as short
Binance BEUSDT	+0.0049%	8h	274.94	−0.011%	$8.5M	$36.5M	25x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	274.78	−0.069%	$5.9M	$2.6M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0064%	1h	273.08	−0.687%	$473K	$128K	10x	as long as short
Bybit BEUSDT	+0.0097%	8h	274.93	−0.015%	$2.0M	$1.2M	25x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	274.84	−0.047%	$371K	$20K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	274.83	−0.050%	—	—	10x	as long as short
OKX BE-USDT-SWAP	+0.0146%	8h	275.15	+0.065%	$2.7M	$6.8M	25x	as long as short
BloFin BE-USDTlong	+0.0171%	8h	274.97	long leg	$45K	$141K	20x
Deribit BE_USDC-PERPETUAL	+0.0624%	1h	274.83	−0.051%	$7K	$4K	10x	as long as short