Funding you earn now, next payment 08:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.010%
Price spread now: Gate against BloFin+0.070%93s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.070% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CP-USDT | 0.01424 | 0.0064 | pay 0.0032% / 4h | 2h 31m | $427 | $42K | 20x |
| Short | Gate CP_USDT | 0.01425 | 0.0100 | get 0.0050% / 4h | 2h 31m | $611K | $519K | 20x |
BloFin CP-USDT
Gate CP_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
- $7.56
- Price spread: +0.070% → 0.000%
- $7.02
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$12.42
- Costs to cover
- 0.270%
- Break-even
- 18.5 days
Slippage unknown: BloFin: no order-book sample; Gate: live order book, 15 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 15 min ago | 10.46 bp | 73.2 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CP-USDTlong | +0.0064% | 4h | 0.01424 | long leg | $427 | $42K | 20x | |
| BingX CP-USDT | +0.0070% | 4h | 0.01424 | 0.000% | — | $1.1M | — | as long as short |
| OKX CP-USDT-SWAP | +0.0100% | 4h | 0.01424 | 0.000% | $4.0M | $11.7M | 20x | as long as short |
| Gate CP_USDTshort | +0.0100% | 4h | 0.01425 | +0.070% | $611K | $519K | 20x | |
| MEXC CP_USDT | +0.0100% | 4h | 0.01424 | 0.000% | $1.6M | $392K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01425 | +0.070% | $201K | $892K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01424 | +0.014% | $805K | $1.7M | 20x | as long as short |
| Bybit CPUSDT | +0.1600% | 4h | 0.01428 | +0.281% | $1.6M | $3.0M | 20x | as long as short |
BingX CP-USDT
OKX CP-USDT-SWAP
MEXC CP_USDT
KuCoin CPUSDTM
Bitget CPUSDT
Bybit CPUSDT