Funding you earn now, next payment 04:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Gate+0.137%93s7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as 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−$1211.210% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 3 days (all we have)−0.094%−$9 · spread now +0.137%, 7d avg −0.008%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.145% dearer against Gate than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.008%. The two prices were read 93 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 | Gate NOT_USDT | 0.0005106 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $142K | $78K | 50x |
| Short | BloFin NOT-USDT | 0.0005113 | 0.0119 | get 0.0060% / 4h | 3h 55m | $112K | $17K | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.03
- Price spread: +0.137% → −0.008%
- $14.51
- Slippage, 4 orders
- −$94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$102.47
- Costs to cover
- 1.210%
- Break-even
- 185.1 days
Slippage from Gate: live order book, 10 min ago; BloFin: live order book, 65 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, 10 min ago | 6.86 bp | 45.6 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 65 min ago | 3.94 bp | 21.0 bp −$21 | 58.5 bp −$585 | doesn't fit | doesn't fit |
NOT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NOTUSD | −0.0332% | 1h | 0.0005112 | +0.112% | $50K | $10K | 10x | as long as short |
| Variational Omni NOT | −0.0014% | 4h | 0.0005109 | +0.065% | $72K | $39K | — | as long as short |
| Injective NOT/USDC PERP | +0.0033% | 1h | 0.0004874 | −4.544% | $1K | $13K | 5.5x | as long as short |
| Lighter 1000NOT | +0.0096% | 1h | 0.0005111 | +0.096% | $12K | $5K | 3x | as long as short |
| Hyperliquid NOT | +0.0100% | 1h | 0.0005100 | −0.118% | $373K | $50K | 3x | as long as short |
| Aster NOTUSDT | +0.0100% | 4h | 0.0005104 | −0.049% | $14K | $9K | 5x | as long as short |
| Binance NOTUSDT | +0.0100% | 4h | 0.0005100 | −0.123% | $2.1M | $3.1M | 50x | as long as short |
| Bybit NOTUSDT | +0.0100% | 4h | 0.0005096 | −0.196% | $2.2M | $830K | 25x | as long as short |
| OKX NOT-USDT-SWAP | +0.0100% | 4h | 0.0005095 | −0.215% | $635K | $615K | 20x | as long as short |
| Gate NOT_USDTlong | +0.0100% | 4h | 0.0005106 | long leg | $142K | $78K | 50x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC NOT_USDT | +0.0100% | 4h | 0.0005103 | −0.059% | $1.4M | $460K | 200x | as long as short |
| KuCoin NOTUSDTM | +0.0100% | 4h | 0.0005098 | −0.157% | $466K | $138K | 50x | as long as short |
| Bitget NOTUSDT | +0.0100% | 4h | 0.0005102 | −0.078% | $669K | $391K | 50x | as long as short |
| BingX NOT-USDT | +0.0100% | 4h | 0.0005102 | −0.078% | — | $7.4M | — | as long as short |
| Extended kNOT-USD | +0.0104% | 1h | 0.0005103 | −0.066% | $4K | $491 | 5x | as long as short |
| BloFin NOT-USDTshort | +0.0119% | 4h | 0.0005113 | +0.137% | $112K | $17K | 50x |
Gate NOT_USDT
BloFin NOT-USDT
Kraken Futures PF_NOTUSD
Variational Omni NOT
Injective NOT/USDC PERP
Lighter 1000NOT
Hyperliquid NOT
Aster NOTUSDT
Binance NOTUSDT
Bybit NOTUSDT
OKX NOT-USDT-SWAP
MEXC NOT_USDT
KuCoin NOTUSDTM
Bitget NOTUSDT
BingX NOT-USDT
Extended kNOT-USD