Settings8H · net · $10k
Funding arb · Price arb /

H

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.02 per $10,000 · paid last 24h −0.007%
Price spread now: BloFin against Gate+0.775%318s7-day average +0.124% · you sell dearer than you buy
Net, funding: paid 7d − costs−$318as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3433.434% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.252%+$25 on $10k
Price spread, last 3 days (all we have)−0.470%−$47 · spread now +0.775%, 7d avg +0.124%
Together, before fees−0.217%−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.651% dearer against Gate than usual: you sell high and buy low, +$65 on $10k if it goes back to its 7-day average of +0.124%. The two prices were read 318 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate H_USDT0.068350.0100pay 0.0050% / 4h2h 43m$2.8M$1.8M10x
ShortBloFin H-USDT0.068880.0103get 0.0052% / 4h2h 43m$590K$115K25x

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

Profit calculator

Funding earned
$0.66
Price spread: +0.775% → +0.124%
$65.1
Slippage, 4 orders
−$316.4
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$277.65
Costs to cover
3.434%
Break-even
2957.0 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 23 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 4 min ago6.56 bp93.6 bp −$94doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 23 min ago0.73 bp37.5 bp −$38119.0 bp −$1,190doesn't fitdoesn't fit

H on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective H/USDC PERP+0.0033%1h0.06250−8.559%$1K$15.5xas long as short
Aster HUSDT+0.0100%4h0.06845+0.143%$113K$55K5xas long as short
Binance HUSDT+0.0100%4h0.06844+0.132%$14.7M$10.9M10xas long as short
Bybit HUSDT+0.0100%4h0.06835−0.004%$7.4M$4.7M13xas long as short
OKX H-USDT-SWAP+0.0100%4h0.06850+0.219%$1.7M$6.0M10xas long as short
Gate H_USDTlong+0.0100%4h0.06835long leg$2.8M$1.8M10x
MEXC H_USDT+0.0100%4h0.06841+0.088%$6.1M$1.1M20xas long as short
KuCoin HUSDTM+0.0100%4h0.068350.000%$1.6M$10.0M8xas long as short
Bitget HUSDT+0.0100%4h0.06815−0.293%$1.7M$450K4xas long as short
BingX H-USDT+0.0100%4h0.06841+0.088%$2.7Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni H+0.0100%4h0.06850+0.219%$8K$10Kas long as short
GRVT H_USDT_Perp+0.0100%4h0.06880+0.657%$1.1M$428K10xas long as short
BloFin H-USDTshort+0.0103%4h0.06888+0.775%$590K$115K25x
Extended H-USD+0.0104%1h0.06840+0.066%$11K$103K5xas long as short