Funding you earn now, next payment 04:00 UTC−0.0268%/8h= −29.3% APRnext payment −$1.34 per $10,000 · paid last 24h −0.181%
Price spread now: Gate against BloFin−0.294%7-day average −0.177% · you buy dearer than you sell
Net, funding: paid 7d − costs−$479as in the Funding arb table
Net, price: spread back to 7d avg − costs−$453as in the Price arb table
costs, in and out, $10k−$4414.413% of the position
Funding, last 7 days−0.375%−$38 on $10k
+Price spread, last 4 days (all we have)+2.560%+$256 · spread now −0.294%, 7d avg −0.177%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Gate is 0.116% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.177%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin B-USDT | 0.2044 | 0.0368 | pay 0.0184% / 4h | 22m 58s | $607K | $40K | 20x |
| Short | Gate B_USDT | 0.2038 | 0.0100 | get 0.0050% / 4h | 22m 58s | $3.5M | $628K | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$56.28
- Price spread: −0.294% → −0.177%
- −$11.62
- Slippage, 4 orders
- −$414.29
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$509.19
- Costs to cover
- 4.413%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 13 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, 13 min ago | 7.31 bp | 46.3 bp −$46 | 321.9 bp −$3,219 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 9.77 bp | 233.2 bp −$233 | doesn't fit | doesn't fit | doesn't fit |
B on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDTshort | +0.0100% | 4h | 0.2038 | −0.294% | $3.5M | $628K | 20x | |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2041 | −0.127% | $1.9M | $73K | 10x | as long as short |
| Bybit BUSDT | +0.0314% | 4h | 0.2038 | −0.313% | $1.7M | $926K | 13x | as long as short |
| Extended B-USD | +0.0320% | 1h | 0.2042 | −0.094% | $15K | $220K | 5x | as long as short |
| MEXC B_USDT | +0.0322% | 4h | 0.2043 | −0.049% | $999K | $372K | 100x | as long as short |
| Binance BUSDT | +0.0324% | 4h | 0.2043 | −0.051% | $11.8M | $1.9M | 20x | as long as short |
| edgeX BUSDC | +0.0340% | 4h | 0.2050 | +0.303% | $3K | $389K | 5x | as long as short |
| BloFin B-USDTlong | +0.0368% | 4h | 0.2044 | long leg | $607K | $40K | 20x | |
| Bitget BUSDT | +0.0474% | 4h | 0.2043 | −0.049% | $2.8M | $259K | 10x | as long as short |
| BingX B-USDT | +0.0496% | 4h | 0.2043 | −0.049% | — | $1.3M | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1194% | 4h | 0.2041 | −0.141% | $1.9M | $211K | 5x | as long as short |
BloFin B-USDT
Gate B_USDT
KuCoin BUSDTM
Bybit BUSDT
Extended B-USD
MEXC B_USDT
Binance BUSDT
edgeX BUSDC
Bitget BUSDT
BingX B-USDT
Aster BUSDT