Funding you earn now, next payment 12:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h +0.001%
Price spread now: BloFin against Gate−0.013%63s7-day average +0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$607as 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−$6076.066% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.789%+$79 · spread now −0.013%, 7d avg +0.056%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.069% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.056%. The two prices were read 63 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 ALT_USDT | 0.007514 | 0.0100 | pay 0.0100% / 8h | 7h 46m | $50K | $377K | 25x |
| Short | BloFin ALT-USDT | 0.007513 | 0.0099 | get 0.0050% / 4h | 3h 46m | $168K | $8K | 50x |
Gate ALT_USDT
BloFin ALT-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
- −$0.19
- Price spread: −0.013% → +0.056%
- −$6.95
- Slippage, 4 orders
- −$579.57
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$613.7
- Costs to cover
- 6.066%
- Break-even
- never at this rate
Slippage from Gate: live order book, 49 min ago; BloFin: live order book, 19 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, 49 min ago | 2.67 bp | 358.8 bp −$359 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 19 min ago | 2.00 bp | 15.5 bp −$16 | 52.1 bp −$521 | doesn't fit | doesn't fit |
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +2.356% | $837 | $22 | 5.5x | as long as short |
| BloFin ALT-USDTshort | +0.0099% | 4h | 0.007513 | −0.013% | $168K | $8K | 50x | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007516 | +0.027% | $1.1M | $135K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007519 | +0.067% | $2.6M | $3.5M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007514 | 0.000% | $1.2M | $1.7M | 25x | as long as short |
| Gate ALT_USDTlong | +0.0100% | 8h | 0.007514 | long leg | $50K | $377K | 25x | |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007522 | +0.106% | $379K | $166K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007521 | +0.093% | $145K | $20K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007508 | −0.080% | $601K | $143K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007518 | +0.053% | — | $1.3M | — | as long as short |
Injective ALT/USDC PERP
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | +0.0100% | 4h | 0.007506 | −0.103% | $4K | $14K | — | as long as short |
| Kraken Futures PF_ALTUSD | +0.0381% | 1h | 0.007521 | +0.095% | $44K | $8K | 10x | as long as short |
| Deribit ALT_USDC-PERPETUAL | +0.0415% | 1h | 0.007522 | +0.106% | — | $0 | 25x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0576% | 1h | 0.007524 | +0.133% | $13K | $2K | 50x | as long as short |
Variational Omni ALT
Kraken Futures PF_ALTUSD
Deribit ALT_USDC-PERPETUAL
Coinbase International ALT-PERP-INTX