Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.042%
Price spread now: Gate against BloFin−0.046%63s7-day average +0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1301.302% of the position
Funding, last 7 days−0.709%−$71 on $10k
+Price spread, last 4 days (all we have)−0.629%−$63 · spread now −0.046%, 7d avg +0.095%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.140% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.095%). Swap the legs. The two prices were read 63 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 EGLD-USDT | 4.3620 | 0.0220 | pay 0.0220% / 8h | 5h 08m | $229K | $590K | 75x |
| Short | Gate EGLD_USDT | 4.3600 | 0.0100 | get 0.0100% / 8h | 5h 08m | $453K | $715K | 30x |
BloFin EGLD-USDT
Gate EGLD_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
- −$25.2
- Price spread: −0.046% → +0.095%
- −$14.05
- Slippage, 4 orders
- −$103.19
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$169.43
- Costs to cover
- 1.302%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 33 min ago; Gate: live order book, 53 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, 33 min ago | 2.27 bp | 15.7 bp −$16 | 33.3 bp −$333 | doesn't fit | doesn't fit |
| Sell Gate live order book, 53 min ago | 6.78 bp | 40.8 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
EGLD on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_EGLDUSD | −0.0122% | 1h | 4.3614 | −0.013% | $434K | $699K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −16.094% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.3430 | −0.436% | $4.7M | $27.2M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.3420 | −0.459% | $2.7M | $8.8M | 75x | as long as short |
| Gate EGLD_USDTshort | +0.0100% | 8h | 4.3600 | −0.046% | $453K | $715K | 30x | |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.3520 | −0.229% | $4.0M | $3.5M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.3620 | 0.000% | $2.7M | $1.4M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.3450 | −0.390% | $2.2M | $4.3M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.3601 | −0.042% | $17K | $54K | — | as long as short |
| BingX EGLD-USDT | +0.0194% | 8h | 4.3560 | −0.138% | — | $2.9M | — | as long as short |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLD
BingX EGLD-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EGLD-USDT-SWAP | +0.0198% | 8h | 4.3480 | −0.321% | $624K | $5.1M | 20x | as long as short |
| BloFin EGLD-USDTlong | +0.0220% | 8h | 4.3620 | long leg | $229K | $590K | 75x |
OKX EGLD-USDT-SWAP