S

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.068%

Price spread now: BloFin against Gate+0.124%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$155as in the Funding arb table

Net, price: spread back to 7d avg − costs−$166as in the Price arb table

costs, in and out, $10k−$1771.773% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.222%+$22 on $10k

Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.124%, 7d avg +0.007%

Together, before fees+0.025%+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.117% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate S_USDT	0.04024	0.0100	pay 0.0050% / 4h	1h 05m	$327K	$179K	50x
Short	BloFin S-USDT	0.04029	0.0340	get 0.0170% / 4h	1h 05m	$280K	$115K	75x

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

Position, each leg$Hold fordaysFee GatebpFee BloFinbpOrdersPrice spread, now +0.124%Rate

Funding earned: $50.4
Price spread: +0.124% → +0.007%: $11.68
Slippage, 4 orders: −$150.32
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$115.24
Costs to cover: 1.773%
Break-even: 23.0 days

Slippage from Gate: live order book, 35 min ago; BloFin: live order book, 14 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, 35 min ago	8.65 bp	72.0 bp −$72	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 14 min ago	3.71 bp	18.6 bp −$19	55.4 bp −$554	doesn't fit	doesn't fit

S on 25 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
01 Exchange SUSD	−0.7656%	1h	0.03950	−1.839%	$24K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.2395%	1h	0.04026	+0.044%	$35K	$16K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1120%	1h	0.03961	−1.566%	$48K	$16K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04032	+0.189%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04030	+0.152%	$4	—	15x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04030	+0.158%	$621	—	150x	as long as short
Variational Omni S	+0.0010%	4h	0.04022	−0.042%	$625K	$22K	—	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+1.889%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0086%	4h	0.04031	+0.174%	$100K	$592K	10x	as long as short
Lighter S	+0.0096%	1h	0.04034	+0.249%	$172K	$139K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid S	+0.0100%	1h	0.04031	+0.171%	$1.0M	$577K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.04031	+0.179%	$48K	$110K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04031	+0.179%	$5.7M	$13.6M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04027	+0.075%	$5.7M	$4.1M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04031	+0.174%	$1.0M	$3.7M	20x	as long as short
Gate S_USDTlong	+0.0100%	4h	0.04024	long leg	$327K	$179K	50x
MEXC S_USDT	+0.0100%	4h	0.04031	+0.174%	$4.1M	$1.8M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.04026	+0.050%	$1.8M	$2.8M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04033	+0.224%	$1.2M	$2.3M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04027	+0.075%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04040	+0.398%	$23K	$487K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04030	+0.139%	$232K	$396K	10x	as long as short
BloFin S-USDTshort	+0.0340%	4h	0.04029	+0.124%	$280K	$115K	75x
Deribit S_USDC-PERPETUAL	+0.0742%	1h	0.04035	+0.273%	$68K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.1784%	1h	0.04040	+0.398%	$117K	$426K	5x	as long as short