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: BloFin against Gate−0.186%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1271.268% of the position
Funding, last 7 days+0.709%+$71 on $10k
+Price spread, last 4 days (all we have)+0.343%+$34 · spread now −0.186%, 7d avg −0.093%
=Funding pays, the price is against you. BloFin is 0.093% cheaper against Gate than usual: you would sell low and buy high (spread −0.186% now, against its 7-day average of −0.093%). If the spread goes back, that is −$9 on $10k: about 2.6 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.709% in total) that is about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate EGLD_USDT | 4.2950 | 0.0100 | pay 0.0100% / 8h | 2h 30m | $442K | $657K | 30x |
| Short | BloFin EGLD-USDT | 4.2870 | 0.0220 | get 0.0220% / 8h | 2h 30m | $214K | $570K | 75x |
Gate EGLD_USDT
BloFin EGLD-USDTFunding 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 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: −0.186% → −0.093%
- −$9.35
- Slippage, 4 orders
- −$99.76
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$110.91
- Costs to cover
- 1.268%
- Break-even
- 37.8 days
Slippage from Gate: live order book, 15 min ago; BloFin: live order book, 60 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, 15 min ago | 5.80 bp | 46.3 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 60 min ago | 2.29 bp | 25.0 bp −$25 | 44.9 bp −$449 | 145.8 bp −$14.6K | 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 | −0.0185% | 1h | 4.2877 | −0.170% | $441K | $723K | 20x | as long as short |
| Injective EGLD/USDC PERP | +0.0033% | 1h | 3.6600 | −14.785% | $16 | $46K | 5.5x | as long as short |
| Binance EGLDUSDT | +0.0100% | 8h | 4.2853 | −0.225% | $4.5M | $25.2M | 75x | as long as short |
| Bybit EGLDUSDT | +0.0100% | 8h | 4.2850 | −0.233% | $2.6M | $8.2M | 75x | as long as short |
| Gate EGLD_USDTlong | +0.0100% | 8h | 4.2950 | long leg | $442K | $657K | 30x | |
| MEXC EGLD_USDT | +0.0100% | 8h | 4.2890 | −0.140% | $3.9M | $3.0M | 125x | as long as short |
| KuCoin EGLDUSDTM | +0.0100% | 8h | 4.2980 | +0.070% | $2.8M | $1.2M | 50x | as long as short |
| Bitget EGLDUSDT | +0.0100% | 8h | 4.2870 | −0.186% | $2.2M | $3.9M | 75x | as long as short |
| Variational Omni EGLD | +0.0100% | 8h | 4.2833 | −0.272% | $16K | $55K | — | as long as short |
| BloFin EGLD-USDTshort | +0.0220% | 8h | 4.2870 | −0.186% | $214K | $570K | 75x |
Kraken Futures PF_EGLDUSD
Injective EGLD/USDC PERP
Binance EGLDUSDT
Bybit EGLDUSDT
MEXC EGLD_USDT
KuCoin EGLDUSDTM
Bitget EGLDUSDT
Variational Omni EGLDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX EGLD-USDT | +0.0321% | 8h | 4.2870 | −0.186% | — | $2.8M | — | as long as short |
| OKX EGLD-USDT-SWAP | +0.0335% | 8h | 4.2860 | −0.210% | $595K | $4.4M | 20x | as long as short |
BingX EGLD-USDT
OKX EGLD-USDT-SWAP