Funding you earn now, next payment 08:00 UTC−0.2869%/8h= −314.1% APRnext payment −$14.34 per $10,000 · paid last 24h +0.056%
Price spread now: BloFin against Gate−0.451%93s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$86 a day on $10k at the current rate, and BloFin is 0.451% cheaper against Gate than usual: you would sell low and buy high (−$45 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$14.34 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 CSOPSKHYNIX2L_USDT | 5.5450 | −0.0232 | get 0.0116% / 4h | 2h 35m | $81K | $31K | 20x |
| Short | BloFin CSOPSKHYNIX2L-USDT | 5.5200 | −0.3101 | pay 0.1550% / 4h | 2h 35m | — | $179K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$602.47
- Price spread: −0.451% → 0.000%
- −$45.09
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$674.56
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; BloFin: live order book, 44 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, 44 min ago | 7.86 bp | 18.3 bp −$18 | 57.6 bp −$576 | 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.
CSOPSKHYNIX2L on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CSOPSKHYNIX2L-USDTshort | −0.3101% | 4h | 5.5200 | −0.451% | — | $179K | 20x | |
| MEXC CSOPSKHYNIX2L_USDT | −0.3086% | 4h | 5.5320 | −0.234% | $116K | $93K | 10x | as long as short |
| Binance CSOPSKHYNIX2LUSDT | −0.3072% | 4h | 5.5400 | −0.090% | $1.4M | $5.8M | 20x | as long as short |
| Bybit CSOPSKHYNIX2LUSDT | −0.0383% | 8h | 5.5420 | −0.054% | $90K | $130K | 20x | as long as short |
| Gate CSOPSKHYNIX2L_USDTlong | −0.0232% | 4h | 5.5450 | long leg | $81K | $31K | 20x | |
| OKX CSOPSKHYNIX2L-USDT-SWAP | 0.0000% | 8h | 5.5540 | +0.162% | $159K | $307K | 10x | as long as short |
| HTX CSOPSKHYNIX2L-USDT | 0.0000% | 4h | 5.5430 | −0.036% | $21K | $343K | 10x | as long as short |
Gate CSOPSKHYNIX2L_USDT
BloFin CSOPSKHYNIX2L-USDT
MEXC CSOPSKHYNIX2L_USDT
Binance CSOPSKHYNIX2LUSDT
Bybit CSOPSKHYNIX2LUSDT
OKX CSOPSKHYNIX2L-USDT-SWAP
HTX CSOPSKHYNIX2L-USDT