Funding you earn now, next payment 00:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.22 per $10,000 · paid last 24h +0.074%
Price spread now: BloFin against Gate+0.070%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$840.843% of the position
Funding, last 7 days+0.552%+$55 on $10k
+Price spread, last 3 days (all we have)−0.210%−$21 · spread now +0.070%, 7d avg −0.031%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.101% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ETHFI_USDT | 0.7182 | 0.0100 | pay 0.0050% / 4h | 26m 36s | $1.7M | $2.1M | 75x |
| Short | BloFin ETHFI-USDT | 0.7187 | 0.0145 | get 0.0072% / 4h | 26m 36s | $1.3M | $288K | 75x |
Gate ETHFI_USDT
BloFin ETHFI-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
- $9.41
- Price spread: +0.070% → −0.031%
- $10.06
- Slippage, 4 orders
- −$57.25
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$64.79
- Costs to cover
- 0.843%
- Break-even
- 55.2 days
Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 1 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, 1 min ago | 2.09 bp | 35.7 bp −$36 | 214.3 bp −$2,143 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 1.39 bp | 12.8 bp −$13 | 25.9 bp −$259 | 69.5 bp −$6,950 | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0446% | 1h | 0.7184 | +0.028% | $42K | $18K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0348% | 4h | 0.7176 | −0.084% | $83K | $164K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0188% | 4h | 0.7182 | 0.000% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0011% | 8h | 0.7177 | −0.067% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.808% | $321 | $51K | 5.5x | as long as short |
| MEXC ETHFI_USDT | +0.0036% | 4h | 0.7185 | +0.042% | $15.3M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0037% | 4h | 0.7177 | −0.066% | $25.0M | $37.3M | 75x | as long as short |
| Extended ETHFI-USD | +0.0040% | 1h | 0.7176 | −0.084% | $93K | $492K | 10x | as long as short |
| Aster ETHFIUSDT | +0.0071% | 4h | 0.7189 | +0.093% | $184K | $259K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7180 | −0.028% | $9K | — | 3x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
MEXC ETHFI_USDT
Binance ETHFIUSDT
Extended ETHFI-USD
Aster ETHFIUSDT
Aevo ETHFI-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7191 | +0.125% | $1.1M | $897K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7196 | +0.194% | $18.2M | $8.9M | 5x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7181 | −0.014% | $18.2M | $13.1M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7182 | 0.000% | $5.0M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDTlong | +0.0100% | 4h | 0.7182 | long leg | $1.7M | $2.1M | 75x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7186 | +0.056% | $1.2M | $270K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7177 | −0.070% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7180 | −0.028% | — | $26.1M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7193 | +0.149% | $1.1M | $738K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7190 | +0.110% | $60K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7188 | +0.084% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDTshort | +0.0145% | 4h | 0.7187 | +0.070% | $1.3M | $288K | 75x | |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +0.766% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0550% | 1h | 0.7197 | +0.212% | $277K | $161K | 20x | as long as short |
Lighter ETHFI
Hyperliquid ETHFI
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD