Funding you earn now, next payment 08:00 UTC−0.0217%/8h= −23.8% APRnext payment −$2.17 per $10,000 · paid last 24h −0.023%
Price spread now: Gate against BloFin0.000%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$550.549% of the position
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 4 days (all we have)−2.201%−$220 · spread now 0.000%, 7d avg −0.029%
=The price spread pays, funding is against you. Gate is 0.029% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.029%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.194% in total) that is about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARB-USDT | 0.2221 | 0.0103 | pay 0.0103% / 8h | 5h 08m | $3.1M | $2.6M | 75x |
| Short | Gate ARB_USDT | 0.2221 | −0.0114 | pay 0.0114% / 8h | 5h 08m | $5.4M | $19.2M | 60x |
BloFin ARB-USDT
Gate ARB_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
- −$45.65
- Price spread: 0.000% → −0.029%
- $2.89
- Slippage, 4 orders
- −$27.88
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$97.65
- Costs to cover
- 0.549%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 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, 5 min ago | 0.45 bp | 10.8 bp −$11 | 22.4 bp −$224 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 1.57 bp | 18.2 bp −$18 | 27.9 bp −$279 | 85.3 bp −$8,533 | doesn't fit |
ARB on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ARB/USDC PERP | −0.1577% | 1h | 0.2218 | −0.144% | $40K | $372K | 12x | as long as short |
| Deribit ARB_USDC-PERPETUAL | −0.0200% | 1h | 0.2222 | +0.036% | $24K | $34K | 25x | as long as short |
| OKX ARB-USDT-SWAP | −0.0143% | 8h | 0.2219 | −0.108% | $22.4M | $149.7M | 50x | as long as short |
| MEXC ARB_USDT | −0.0141% | 8h | 0.2220 | −0.045% | $38.2M | $59.4M | 200x | as long as short |
| Variational Omni ARB | −0.0140% | 8h | 0.2223 | +0.082% | $1.9M | $2.9M | — | as long as short |
| Polymarket Perps ARB-USD | −0.0119% | 1h | 0.2222 | +0.027% | $87K | $2.1M | 10x | as long as short |
| Gate ARB_USDTshort | −0.0114% | 8h | 0.2221 | 0.000% | $5.4M | $19.2M | 60x | |
| 01 Exchange ARBUSD | −0.0112% | 1h | 0.2222 | +0.032% | $7K | $2K | 10x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0098% | 1h | 0.2223 | +0.074% | $1.1M | $4.4M | 50x | as long as short |
| SoDEX ARB-USD | −0.0087% | 1h | 0.2222 | +0.023% | $10K | $2.3M | 5x | as long as short |
Injective ARB/USDC PERP
Deribit ARB_USDC-PERPETUAL
OKX ARB-USDT-SWAP
MEXC ARB_USDT
Variational Omni ARB
Polymarket Perps ARB-USD
01 Exchange ARBUSD
Kraken Futures PF_ARBUSD
SoDEX ARB-USDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ARB_USDC | −0.0075% | 8h | 0.2221 | −0.009% | $12K | $387K | 10x | as long as short |
| Bybit ARBUSDT | −0.0070% | 8h | 0.2220 | −0.054% | $56.5M | $125.9M | 50x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2222 | +0.057% | $66K | $5K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0013% | 1h | 0.2223 | +0.081% | $11K | — | 150x | as long as short |
| Binance ARBUSDT | +0.0024% | 8h | 0.2221 | −0.009% | $64.8M | $306.7M | 75x | as long as short |
| Extended ARB-USD | +0.0024% | 1h | 0.2220 | −0.050% | $353K | $2.5M | 25x | as long as short |
| Phemex ARBUSDT | +0.0044% | 8h | 0.2222 | +0.036% | $5.0M | $12.9M | 50x | as long as short |
| Bitget ARBUSDT | +0.0073% | 8h | 0.2220 | −0.054% | $21.2M | $34.6M | 50x | as long as short |
| BingX ARB-USDT | +0.0078% | 8h | 0.2220 | −0.054% | — | $53.8M | — | as long as short |
| Aevo ARB-PERP | +0.0088% | 1h | 0.2219 | −0.105% | $141K | $7K | 3x | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2222 | +0.018% | $1.2M | $6.4M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2222 | +0.054% | $38.5M | $49.1M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2223 | +0.060% | $651K | $1.6M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2221 | −0.001% | $42K | $169K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2221 | +0.014% | $19.6M | $15.3M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2224 | +0.146% | $40K | $461K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2225 | +0.172% | $482K | $3.6M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2227 | +0.261% | $120K | $283K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2223 | +0.081% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2223 | +0.063% | $302K | $939K | 50x | as long as short |
| BloFin ARB-USDTlong | +0.0103% | 8h | 0.2221 | long leg | $3.1M | $2.6M | 75x | |
| Coinbase International ARB-PERP-INTX | +0.0224% | 1h | 0.2229 | +0.351% | $499K | $2.0M | 50x | as long as short |
| RISEx ARB/USDC | +0.0232% | 1h | 0.2223 | +0.099% | $485K | $2.6M | 10x | as long as short |
| GMX ARB/USD [ARB-USDC] | L +0.0273% / S −0.0155% | 1h | 0.2223 | +0.077% | $829K | — | 150x | as long as short |
| Reya ARBRUSDPERP | +0.0289% | 1h | 0.2221 | −0.030% | $2K | $695 | 20x | as long as short |
| Backpack ARB_USDC_PERP | +0.0563% | 1h | 0.2224 | +0.135% | $1.0M | $2.8M | 20x | as long as short |
Orderly PERP_ARB_USDC
Bybit ARBUSDT
dYdX ARB-USD
gTrade (Gains Network) ARB/USD
Binance ARBUSDT
Extended ARB-USD
Phemex ARBUSDT
Bitget ARBUSDT
BingX ARB-USDT
Aevo ARB-PERP
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
GMX ARB/USD [ARB-USDC]
Reya ARBRUSDPERP
Backpack ARB_USDC_PERP