Funding you earn now, next payment 00:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.29 per $10,000 · paid last 24h +0.067%
Price spread now: Gate against BloFin−0.133%78s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as 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−$1021.021% of the position
Funding, last 7 days+0.123%+$12 on $10k
+Price spread, last 3 days (all we have)+0.112%+$11 · spread now −0.133%, 7d avg −0.025%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.109% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.025%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.123%, so the current rate has only just turned against you. The two prices were read 78 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 ID-USDT | 0.03754 | 0.0159 | pay 0.0079% / 4h | 25m 59s | $161K | $12K | 50x |
| Short | Gate ID_USDT | 0.03749 | 0.0100 | get 0.0050% / 4h | 25m 59s | $249K | $241K | 25x |
BloFin ID-USDT
Gate ID_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$12.38
- Price spread: −0.133% → −0.025%
- −$10.85
- Slippage, 4 orders
- −$75.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$125.3
- Costs to cover
- 1.021%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 36 min ago; Gate: live order book, 46 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, 36 min ago | 6.66 bp | 18.2 bp −$18 | 41.1 bp −$411 | doesn't fit | doesn't fit |
| Sell Gate live order book, 46 min ago | 6.68 bp | 34.4 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IDUSDT | +0.0100% | 4h | 0.03751 | −0.078% | $9K | $135 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03749 | −0.133% | $2.4M | $3.4M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03750 | −0.107% | $1.4M | $1.1M | 25x | as long as short |
| Gate ID_USDTshort | +0.0100% | 4h | 0.03749 | −0.133% | $249K | $241K | 25x | |
| MEXC ID_USDT | +0.0100% | 4h | 0.03748 | −0.160% | $418K | $159K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03749 | −0.133% | $1.1M | $64K | 30x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03751 | −0.080% | $792K | $592K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03750 | −0.107% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03751 | −0.091% | $12K | $20K | — | as long as short |
| BloFin ID-USDTlong | +0.0159% | 4h | 0.03754 | long leg | $161K | $12K | 50x |
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
MEXC ID_USDT
KuCoin IDUSDTM
Bitget IDUSDT
BingX ID-USDT
Variational Omni IDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0441% | 1h | 0.03749 | −0.131% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD