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

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h +0.001%
Price spread now: BloFin against Gate−0.358%93s7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$547as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$5455.448% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.358%, 7d avg −0.126%
Together, before fees−0.033%−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.232% cheaper against Gate than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.126%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate DEEP_USDT0.019530.0100pay 0.0050% / 4h3h 49m$301K$68K50x
ShortBloFin DEEP-USDT0.019460.0092get 0.0092% / 8h7h 49m$134K$30K50x

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

Funding earned
−$1.75
Price spread: −0.358% → −0.126%
−$23.21
Slippage, 4 orders
−$517.84
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$569.8
Costs to cover
5.448%
Break-even
never at this rate
Slippage from Gate: live order book, 45 min ago; BloFin: live order book, 7 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 Gate live order book, 45 min ago7.76 bp300.7 bp −$301doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago7.73 bp22.2 bp −$2289.1 bp −$891doesn't fitdoesn't fit

DEEP on 12 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
Bluefin DEEP-PERP+0.0023%1h0.01947−0.307%$79K$11K20xas long as short
BloFin DEEP-USDTshort+0.0092%8h0.01946−0.358%$134K$30K50x
Binance DEEPUSDT+0.0100%4h0.01956+0.150%$2.1M$5.9M50xas long as short
Bybit DEEPUSDT+0.0100%8h0.01952−0.051%$4.2M$2.7M50xas long as short
Gate DEEP_USDTlong+0.0100%4h0.01953long leg$301K$68K50x
MEXC DEEP_USDT+0.0100%4h0.01955+0.102%$1.0M$432K100xas long as short
Bitget DEEPUSDT+0.0100%4h0.01955+0.102%$827K$536K50xas long as short
BingX DEEP-USDT+0.0100%4h0.01955+0.102%$6.6Mas long as short
Variational Omni DEEP+0.0100%8h0.01952−0.042%$13K$9Kas long as short
Extended DEEP-USD+0.0104%1h0.01955+0.123%$6K$246K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DEEPUSDTM+0.0148%4h0.01961+0.410%$1.8M$88K20xas long as short
Kraken Futures PF_DEEPUSD+0.0589%1h0.01955+0.087%$8K$10K10xas long as short