Funding you earn now, next payment 00:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h −0.001%
Price spread now: Gate against BloFin−0.068%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1301.296% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 3 days (all we have)+0.079%+$8 · spread now −0.068%, 7d avg −0.006%
=Funding pays, the price is against you. Gate is 0.061% cheaper against BloFin than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of −0.006%). If the spread goes back, that is −$6 on $10k: about 9.4 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ME-USDT | 0.07395 | 0.0078 | pay 0.0039% / 4h | 20m 49s | $108K | $7K | 50x |
| Short | Gate ME_USDT | 0.07390 | 0.0100 | get 0.0100% / 8h | 20m 49s | $189K | $74K | 50x |
BloFin ME-USDT
Gate ME_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
- $4.58
- Price spread: −0.068% → −0.006%
- −$6.14
- Slippage, 4 orders
- −$102.59
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$131.15
- Costs to cover
- 1.296%
- Break-even
- 207.5 days
Slippage from BloFin: live order book, 39 min ago; Gate: live order book, 50 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, 39 min ago | 2.04 bp | 13.4 bp −$13 | 59.4 bp −$594 | doesn't fit | doesn't fit |
| Sell Gate live order book, 50 min ago | 6.84 bp | 46.6 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ME-USDTlong | +0.0078% | 4h | 0.07395 | long leg | $108K | $7K | 50x | |
| Hyperliquid ME | +0.0100% | 1h | 0.07396 | +0.014% | $232K | $96K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07393 | −0.033% | $17K | $11K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07392 | −0.041% | $2.1M | $3.9M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07398 | +0.041% | $1.5M | $654K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07391 | −0.054% | $476K | $1.0M | 20x | as long as short |
| Gate ME_USDTshort | +0.0100% | 8h | 0.07390 | −0.068% | $189K | $74K | 50x | |
| MEXC ME_USDT | +0.0100% | 4h | 0.07393 | −0.027% | $502K | $131K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07403 | +0.108% | $206K | $25K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07400 | +0.068% | $644K | $409K | 25x | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07396 | +0.014% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07399 | +0.054% | $11K | $790 | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07396 | +0.007% | $26K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP