H

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h +0.007%

Price spread now: Gate against BloFin+0.045%48s7-day average −0.113% · you sell dearer than you buy

Net, funding: paid 7d − costs−$287as 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−$2622.616% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.252%−$25 on $10k

Price spread, last 4 days (all we have)−0.817%−$82 · spread now +0.045%, 7d avg −0.113%

Together, before fees−1.069%−$107 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.158% dearer against BloFin than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of −0.113%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.252% in total) that is about 4.4 days. The two prices were read 48 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 H-USDT	0.06668	0.0138	pay 0.0069% / 4h	20m 18s	$579K	$108K	25x
Short	Gate H_USDT	0.06671	0.0100	get 0.0050% / 4h	20m 18s	$2.7M	$1.8M	10x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee GatebpOrdersPrice spread, now +0.045%Rate

Funding earned: −$8.04
Price spread: +0.045% → −0.113%: $15.84
Slippage, 4 orders: −$234.57
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$253.77
Costs to cover: 2.616%
Break-even: never at this rate

Slippage from BloFin: live order book, 16 min ago; Gate: live order book, 2 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, 16 min ago	1.49 bp	22.9 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	6.00 bp	117.5 bp −$118	doesn't fit	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−6.269%	$1K	$1	5.5x	as long as short
KuCoin HUSDTM	+0.0050%	4h	0.06678	+0.150%	$1.6M	$10.0M	8x	as long as short
Aster HUSDT	+0.0100%	4h	0.06675	+0.107%	$109K	$54K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06678	+0.152%	$14.3M	$11.1M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06666	−0.030%	$7.4M	$4.9M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06680	+0.180%	$1.8M	$6.0M	10x	as long as short
Gate H_USDTshort	+0.0100%	4h	0.06671	+0.045%	$2.7M	$1.8M	10x
MEXC H_USDT	+0.0100%	4h	0.06679	+0.165%	$6.0M	$1.1M	20x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06662	−0.090%	$1.7M	$447K	4x	as long as short
BingX H-USDT	+0.0100%	4h	0.06678	+0.150%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06655	−0.198%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06673	+0.078%	$1.1M	$423K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06674	+0.095%	$10K	$102K	5x	as long as short
BloFin H-USDTlong	+0.0138%	4h	0.06668	long leg	$579K	$108K	25x