ATH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.001%

Price spread now: Gate against BloFin−0.199%7-day average −0.171% · you buy dearer than you sell

Net, funding: paid 7d − costs−$191as in the Funding arb table

Net, price: spread back to 7d avg − costs−$194as in the Price arb table

costs, in and out, $10k−$1911.907% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.144%+$14 · spread now −0.199%, 7d avg −0.171%

Together, before fees+0.145%+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.028% cheaper against BloFin than usual: you would sell low and buy high (spread −0.199% now, against its 7-day average of −0.171%). If the spread goes back, that is −$3 on $10k: about 2.5 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.002% in total) that is about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ATH-USDT	0.005525	0.0063	pay 0.0032% / 4h	1h 56m	$163K	$71K	75x
Short	Gate ATH_USDT	0.005514	0.0100	get 0.0050% / 4h	1h 56m	$789K	$606K	30x

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 −0.199%Rate

Funding earned: $7.68
Price spread: −0.199% → −0.171%: −$2.8
Slippage, 4 orders: −$163.73
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$185.85
Costs to cover: 1.907%
Break-even: 176.4 days

Slippage from BloFin: live order book, 18 min ago; Gate: live order book, 50 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, 18 min ago	0.91 bp	10.5 bp −$10	58.8 bp −$588	doesn't fit	doesn't fit
Sell Gate live order book, 50 min ago	5.50 bp	66.3 bp −$66	doesn't fit	doesn't fit	doesn't fit

ATH on 13 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
Kraken Futures PF_ATHUSD	−0.2368%	1h	0.005524	−0.025%	$17K	$109K	10x	as long as short
Variational Omni ATH	−0.0126%	4h	0.005522	−0.055%	$185K	$93K	—	as long as short
dYdX ATH-USD	0.0000%	1h	0.005515	−0.182%	$11K	$59	5x	as long as short
BloFin ATH-USDTlong	+0.0063%	4h	0.005525	long leg	$163K	$71K	75x
Aster ATHUSDT	+0.0100%	4h	0.005518	−0.135%	$5K	$41K	5x	as long as short
Binance ATHUSDT	+0.0100%	4h	0.005512	−0.235%	$3.3M	$4.4M	50x	as long as short
Bybit ATHUSDT	+0.0100%	4h	0.005514	−0.199%	$4.3M	$2.7M	25x	as long as short
OKX ATH-USDT-SWAP	+0.0100%	4h	0.005504	−0.380%	$710K	$1.3M	20x	as long as short
Gate ATH_USDTshort	+0.0100%	4h	0.005514	−0.199%	$789K	$606K	30x
MEXC ATH_USDT	+0.0100%	4h	0.005511	−0.253%	$8.9M	$665K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ATHUSDTM	+0.0100%	4h	0.005524	−0.018%	$554K	$79K	30x	as long as short
Bitget ATHUSDT	+0.0100%	4h	0.005517	−0.145%	$1.6M	$918K	25x	as long as short
BingX ATH-USDT	+0.0100%	4h	0.005513	−0.217%	—	$21.4M	—	as long as short