Settings8H · net · $10k
Funding arb · Price arb /

B

all B markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+2.185%+$218 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin B-USDT0.20440.0368pay 0.0184% / 4h22m 58s$607K$40K20x
ShortGate B_USDT0.20380.0100get 0.0050% / 4h22m 58s$3.5M$628K20x

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

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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 13 min ago7.31 bp46.3 bp −$46321.9 bp −$3,219doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago9.77 bp233.2 bp −$233doesn't fitdoesn't fitdoesn't fit

B on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate B_USDTshort+0.0100%4h0.2038−0.294%$3.5M$628K20x
KuCoin BUSDTM+0.0100%4h0.2041−0.127%$1.9M$73K10xas long as short
Bybit BUSDT+0.0314%4h0.2038−0.313%$1.7M$926K13xas long as short
Extended B-USD+0.0320%1h0.2042−0.094%$15K$220K5xas long as short
MEXC B_USDT+0.0322%4h0.2043−0.049%$999K$372K100xas long as short
Binance BUSDT+0.0324%4h0.2043−0.051%$11.8M$1.9M20xas long as short
edgeX BUSDC+0.0340%4h0.2050+0.303%$3K$389K5xas long as short
BloFin B-USDTlong+0.0368%4h0.2044long leg$607K$40K20x
Bitget BUSDT+0.0474%4h0.2043−0.049%$2.8M$259K10xas long as short
BingX B-USDT+0.0496%4h0.2043−0.049%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1194%4h0.2041−0.141%$1.9M$211K5xas long as short