Settings8H · net · $10k
Funding arb · Price arb /

TA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0197%/8h= −21.5% APRnext payment $0.98 per $10,000 · paid last 24h −0.052%
Price spread now: Gate against BloFin−0.165%348s7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$612as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$5735.726% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.392%−$39 on $10k
Price spread, last 3 days (all we have)+0.023%+$2 · spread now −0.165%, 7d avg −0.103%
Together, before fees−0.369%−$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.062% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.103%). Swap the legs. The two prices were read 348 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TA-USDT0.054460.0297pay 0.0148% / 4h2h 43m$395K$4K10x
ShortGate TA_USDT0.054370.0100get 0.0050% / 4h2h 43m$2.0M$48K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$41.29
Price spread: −0.165% → −0.103%
−$6.24
Slippage, 4 orders
−$545.61
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$620.14
Costs to cover
5.726%
Break-even
never at this rate
Slippage from BloFin: live order book, 22 min ago; Gate: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 22 min ago3.68 bp40.6 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago16.54 bp226.2 bp −$226doesn't fitdoesn't fitdoesn't fit

TA on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster TAUSDT+0.0100%4h0.05449+0.055%$18K$3K5xas long as short
Bybit TAUSDT+0.0100%4h0.05430−0.294%$2.0M$100K5xas long as short
Gate TA_USDTshort+0.0100%4h0.05437−0.165%$2.0M$48K20x
KuCoin TAUSDTM+0.0100%4h0.05425−0.386%$184K$19K10xas long as short
Variational Omni TA+0.0100%4h0.05431−0.273%$16K$1as long as short
Binance TAUSDT+0.0291%4h0.05445−0.019%$6.4M$886K10xas long as short
MEXC TA_USDT+0.0296%4h0.05445−0.018%$153K$84K50xas long as short
BloFin TA-USDTlong+0.0297%4h0.05446long leg$395K$4K10x
BingX TA-USDT+0.0306%4h0.05437−0.165%$2.3Mas long as short