Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.015%
Price spread now: BloFin against Gate+0.046%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1431.433% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 4 days (all we have)+0.210%+$21 · spread now +0.046%, 7d avg −0.011%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.058% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AR_USDT | 4.3110 | 0.0100 | pay 0.0100% / 8h | 7h 49m | $2.0M | $3.0M | 50x |
| Short | BloFin AR-USDT | 4.3130 | 0.0220 | get 0.0220% / 8h | 7h 49m | $417K | $447K | 20x |
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
- $25.2
- Price spread: +0.046% → −0.011%
- $5.76
- Slippage, 4 orders
- −$116.34
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$112.39
- Costs to cover
- 1.433%
- Break-even
- 38.2 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 27 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, 4 min ago | 5.82 bp | 52.2 bp −$52 | 422.6 bp −$4,226 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 27 min ago | 3.50 bp | 22.2 bp −$22 | 44.9 bp −$449 | doesn't fit | doesn't fit |
AR on 17 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_ARUSD | −0.1003% | 1h | 4.3047 | −0.147% | $53K | $135K | 20x | as long as short |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0550% | 1h | 4.3157 | +0.109% | $553K | — | 50x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.4240 | +2.621% | $2K | $5K | 5.5x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.3210 | +0.232% | $3.9M | $4.5M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.3216 | +0.245% | $32K | $255K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.3228 | +0.274% | $8.6M | $44.9M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.3240 | +0.302% | $4.5M | $8.3M | 75x | as long as short |
| OKX AR-USDT-SWAP | +0.0100% | 8h | 4.3200 | +0.209% | $2.3M | $14.6M | 20x | as long as short |
| Gate AR_USDTlong | +0.0100% | 8h | 4.3110 | long leg | $2.0M | $3.0M | 50x | |
| MEXC AR_USDT | +0.0100% | 8h | 4.3160 | +0.116% | $6.1M | $3.7M | 100x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ARUSDTM | +0.0100% | 8h | 4.3140 | +0.070% | $1.1M | $1.2M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.3120 | +0.023% | $3.7M | $4.9M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.3200 | +0.209% | — | $2.7M | — | as long as short |
| Variational Omni AR | +0.0100% | 8h | 4.3108 | −0.005% | $246K | $513K | — | as long as short |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.2930 | −0.418% | $20K | $707K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.3140 | +0.069% | $36K | $244K | 10x | as long as short |
| BloFin AR-USDTshort | +0.0220% | 8h | 4.3130 | +0.046% | $417K | $447K | 20x |
Gate AR_USDT
BloFin AR-USDT
Kraken Futures PF_ARUSD
GMX AR/USD [WBTC.b-USDC]
Injective AR/USDC PERP
Hyperliquid AR
Aster ARUSDT
Binance ARUSDT
Bybit ARUSDT
OKX AR-USDT-SWAP
MEXC AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
Variational Omni AR
ApeX Omni ARUSDT
Extended AR-USD