BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against Gate−0.015%7-day average +0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$121as in the Price arb table

costs, in and out, $10k−$1121.123% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.015%, 7d avg +0.074%

Together, before fees+0.074%+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.089% cheaper against Gate than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.074%). If the spread goes back, that is −$9 on $10k: about 6.2 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.028% in total) that is about 22 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BASED_USDT	0.06859	0.0100	pay 0.0050% / 4h	0m 31s	$536K	$594K	50x
Short	BloFin BASED-USDT	0.06858	0.0148	get 0.0074% / 4h	0m 31s	$260K	$50K	25x

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 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 GatebpFee BloFinbpOrdersPrice spread, now −0.015%Rate

Funding earned: $10.1
Price spread: −0.015% → +0.074%: −$8.9
Slippage, 4 orders: −$85.32
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$111.12
Costs to cover: 1.123%
Break-even: 84.0 days

Slippage from Gate: live order book, 36 min ago; BloFin: live order book, 6 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 Gate live order book, 36 min ago	3.66 bp	33.6 bp −$34	6338.2 bp −$63.4K	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	1.46 bp	18.6 bp −$19	59.1 bp −$591	doesn't fit	doesn't fit

BASED on 15 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
Aster BASEDUSDT	+0.0100%	4h	0.06863	+0.061%	$29K	$2K	5x	as long as short
Binance BASEDUSDT	+0.0100%	4h	0.06863	+0.058%	$4.2M	$3.0M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06852	−0.102%	$2.1M	$683K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06857	−0.029%	$2.7M	$3.8M	20x	as long as short
Gate BASED_USDTlong	+0.0100%	4h	0.06859	long leg	$536K	$594K	50x
MEXC BASED_USDT	+0.0100%	4h	0.06866	+0.102%	$4.9M	$522K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06865	+0.087%	$585K	$76K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06867	+0.117%	$1.3M	$313K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06860	+0.015%	—	$1.7M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06854	−0.072%	$94K	$10K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06840	−0.277%	$91K	$375K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06863	+0.058%	$1K	$890K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06861	+0.031%	$4K	$257K	5x	as long as short
BloFin BASED-USDTshort	+0.0148%	4h	0.06858	−0.015%	$260K	$50K	25x
Orderly PERP_BASED_USDC	+0.0341%	4h	0.06864	+0.073%	$3K	$664	10x	as long as short