Funding you earn now, next payment 04:00 UTC+0.0525%/8h= +57.5% APRpaid last 24h +0.166%
Price spread now: BloFin against Gate+0.154%7-day average +0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1961.963% of the position
Funding, last 7 days+0.445%+$45 on $10k
+Price spread, last 4 days (all we have)+0.140%+$14 · spread now +0.154%, 7d avg +0.129%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and BloFin is 0.024% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.129%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate M_USDT | 1.4323 | 0.0100 | pay 0.0100% / 8h | 4h 20m | $1.9M | $918K | 10x |
| Short | BloFin M-USDT | 1.4345 | 0.0625 | get 0.0313% / 4h | 20m 53s | $358K | $446K | 10x |
Gate M_USDT
BloFin M-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
- $110.35
- Price spread: +0.154% → +0.129%
- $2.44
- Slippage, 4 orders
- −$169.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$83.47
- Costs to cover
- 1.963%
- Break-even
- 12.3 days
Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 15 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, 2 min ago | 8.72 bp | 56.1 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 15 min ago | 3.14 bp | 36.0 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4336 | +0.091% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDTlong | +0.0100% | 8h | 1.4323 | long leg | $1.9M | $918K | 10x | |
| Bitget MUSDT | +0.0100% | 4h | 1.4316 | −0.049% | $1.9M | $249K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4322 | −0.005% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4325 | +0.014% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4339 | +0.112% | $2K | $765K | 20x | as long as short |
| Aster MUSDT | +0.0466% | 4h | 1.4338 | +0.106% | $15K | $87K | 5x | as long as short |
| BingX M-USDT | +0.0590% | 4h | 1.4330 | +0.049% | — | $2.4M | — | as long as short |
| Binance MUSDT | +0.0611% | 4h | 1.4316 | −0.049% | $5.6M | $3.8M | 10x | as long as short |
| MEXC M_USDT | +0.0612% | 4h | 1.4335 | +0.084% | $238K | $107K | 50x | as long as short |
Bybit MUSDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
BingX M-USDT
Binance MUSDT
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDTshort | +0.0625% | 4h | 1.4345 | +0.154% | $358K | $446K | 10x | |
| KuCoin MUSDTM | +0.1832% | 4h | 1.4202 | −0.846% | $1.4M | $4.0M | 10x | as long as short |
KuCoin MUSDTM