Funding you earn now, next payment 08:00 UTC+0.0194%/8h= +21.2% APRnext payment +$1.94 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Gate+0.055%93s7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as 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−$670.665% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 4 days (all we have)+0.588%+$59 · spread now +0.055%, 7d avg +0.080%
=Funding pays, the price is against you. BloFin is 0.025% cheaper against Gate than usual: you would sell low and buy high (spread +0.055% now, against its 7-day average of +0.080%). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$6 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 BE_USDT | 274.70 | 0 | get 0.0000% / 8h | 5h 39m | $1.5M | $3.3M | 50x |
| Short | BloFin BE-USDT | 274.85 | 0.0194 | get 0.0194% / 8h | 5h 39m | $45K | $140K | 20x |
Gate BE_USDT
BloFin BE-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
- $40.74
- Price spread: +0.055% → +0.080%
- −$2.53
- Slippage, 4 orders
- −$39.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$28.3
- Costs to cover
- 0.665%
- Break-even
- 11.9 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 72 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 Gate live order book, 4 min ago | 3.64 bp | 25.0 bp −$25 | 49.0 bp −$490 | 81.9 bp −$8,191 | doesn't fit |
| Sell BloFin live order book, 72 min ago | 0.55 bp | 15.0 bp −$15 | 32.3 bp −$323 | doesn't fit | 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 | 274.65 | −0.019% | $346K | $119K | 20x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 274.96 | +0.095% | $2.0M | $1.1M | 25x | as long as short |
| Gate BE_USDTlong | 0.0000% | 8h | 274.70 | long leg | $1.5M | $3.3M | 50x | |
| Bitget BEUSDT | 0.0000% | 8h | 274.70 | 0.000% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 274.94 | +0.087% | $7K | $167K | 10x | as long as short |
| SunX BE-USDT | 0.0000% | 8h | 274.92 | +0.080% | $959 | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.05 | +0.127% | $13K | $34K | 20x | as long as short |
| QFEX BE-USD | +0.0012% | 1h | 275.00 | +0.109% | $1.3M | $2.9M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0016% | 1h | 273.08 | −0.590% | $473K | $130K | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.70 | 0.000% | — | — | 10x | as long as short |
Aster BEUSDT
Bybit BEUSDT
Bitget BEUSDT
GRVT BE_USDT_Perp
SunX BE-USDT
HTX BE-USDT
QFEX BE-USD
Coinbase International BE-PERP-INTX
Lighter BEShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 274.86 | +0.058% | $251K | $289K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.68 | −0.007% | $115K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.99 | +0.106% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.83 | +0.047% | $5.9M | $2.8M | 10x | as long as short |
| Extended BE-USD | +0.0072% | 1h | 274.99 | +0.107% | $46K | $262K | 10x | as long as short |
| Binance BEUSDT | +0.0073% | 8h | 275.07 | +0.135% | $8.4M | $36.2M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.90 | +0.073% | $371K | $22K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.94 | +0.088% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0125% | 8h | 275.01 | +0.113% | $2.6M | $6.7M | 25x | as long as short |
| BloFin BE-USDTshort | +0.0194% | 8h | 274.85 | +0.055% | $45K | $140K | 20x | |
| Deribit BE_USDC-PERPETUAL | +0.0587% | 1h | 274.95 | +0.091% | $7K | $4K | 10x | as long as short |
Lighter RH BE
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
Extended BE-USD
Binance BEUSDT
KuCoin BEUSDTM
Aevo BE-PERP
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL