Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.018%
Price spread now: BloFin against Gate+0.060%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$480.478% of the position
Funding, last 7 days+0.236%+$24 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now +0.060%, 7d avg +0.007%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.053% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate FIL_USDT | 0.9919 | 0.0100 | pay 0.0100% / 8h | 7h 25m | $8.4M | $16.3M | 50x |
| Short | BloFin FIL-USDT | 0.9925 | 0.0220 | get 0.0220% / 8h | 7h 25m | $2.7M | $650K | 75x |
Gate FIL_USDT
BloFin FIL-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: +0.060% → +0.007%
- $5.33
- Slippage, 4 orders
- −$20.78
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$17.25
- Costs to cover
- 0.478%
- Break-even
- 11.8 days
Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 3 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, 3 min ago | 1.01 bp | 16.6 bp −$17 | 26.6 bp −$266 | 49.0 bp −$4,901 | 79.3 bp −$39.7K |
| Sell BloFin live order book, 3 min ago | 1.51 bp | 9.2 bp −$9 | 16.7 bp −$167 | 45.5 bp −$4,548 | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0056% | 1h | 0.9920 | +0.010% | $352K | $2.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9924 | +0.054% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9919 | −0.005% | $58K | $572 | 10x | as long as short |
| Deribit FIL_USDC-PERPETUAL | 0.0000% | 1h | 0.9932 | +0.131% | $171K | $23K | 25x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.645% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0089% | 8h | 0.9920 | +0.010% | $7.1M | $7.8M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9922 | +0.033% | $144K | $345K | 5x | as long as short |
| Kraken Futures PF_FILUSD | +0.0098% | 1h | 0.9929 | +0.101% | $1.4M | $2.1M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9924 | +0.050% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9928 | +0.095% | $506K | $552K | 20x | as long as short |
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Deribit FIL_USDC-PERPETUAL
Injective FIL/USDC PERP
KuCoin FILUSDTM
Lighter FIL
Kraken Futures PF_FILUSD
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9924 | +0.050% | $56.5M | $182.3M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9923 | +0.040% | $15.3M | $20.2M | 25x | as long as short |
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9920 | +0.010% | $17.7M | $105.4M | 50x | as long as short |
| Gate FIL_USDTlong | +0.0100% | 8h | 0.9919 | long leg | $8.4M | $16.3M | 50x | |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9921 | +0.020% | $230K | $99K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9922 | +0.030% | $11.2M | $19.4M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9921 | +0.020% | — | $11.7M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9884 | −0.357% | $440K | $279K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9893 | −0.260% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9893 | −0.258% | $294K | $1.5M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9900 | −0.192% | $23K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9937 | +0.182% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9920 | +0.010% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9925 | +0.060% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9928 | +0.091% | $620K | $5.5M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9910 | −0.091% | $1.3M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9920 | +0.012% | $697K | $4.2M | 10x | as long as short |
| BloFin FIL-USDTshort | +0.0220% | 8h | 0.9925 | +0.060% | $2.7M | $650K | 75x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0601% / S −0.0280% | 1h | 0.9925 | +0.061% | $266K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
OKX FIL-USDT-SWAP
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
GMX FIL/USD [WBTC.b-USDC]