Funding you earn now, next payment 00:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.94 per $10,000 · paid last 24h −0.029%
Price spread now: Gate against BloFin+0.004%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$590.593% of the position
Funding, last 7 days−0.205%−$20 on $10k
+Price spread, last 3 days (all we have)−1.072%−$107 · spread now +0.004%, 7d avg −0.025%
=The price spread pays, funding is against you. Gate is 0.029% dearer against BloFin than usual: you sell high and buy low (spread +0.004% now, against its 7-day average of −0.025%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ARB-USDT | 0.2227 | 0.0102 | pay 0.0102% / 8h | 2h 11m | $3.0M | $3.3M | 75x |
| Short | Gate ARB_USDT | 0.2227 | 0.0008 | get 0.0008% / 8h | 2h 11m | $5.5M | $21.6M | 60x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$19.66
- Price spread: +0.004% → −0.025%
- $2.91
- Slippage, 4 orders
- −$32.3
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$76.05
- Costs to cover
- 0.593%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; Gate: live order book, 3 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 BloFin live order book, 7 min ago | 0.22 bp | 11.3 bp −$11 | 29.5 bp −$295 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.02 bp | 16.7 bp −$17 | 26.7 bp −$267 | 86.7 bp −$8,668 | doesn't fit |
ARB on 36 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 ARB/USDC PERP | −0.1675% | 1h | 0.2214 | −0.579% | $40K | $197K | 12x | as long as short |
| 01 Exchange ARBUSD | −0.0272% | 1h | 0.2225 | −0.090% | $7K | $2K | 10x | as long as short |
| Variational Omni ARB | −0.0162% | 8h | 0.2234 | +0.299% | $1.9M | $2.8M | — | as long as short |
| Bybit ARBUSDT | −0.0147% | 8h | 0.2227 | +0.022% | $56.0M | $135.8M | 50x | as long as short |
| SoDEX ARB-USD | −0.0110% | 1h | 0.2228 | +0.036% | $4K | $2.9M | 5x | as long as short |
| MEXC ARB_USDT | −0.0106% | 8h | 0.2225 | −0.063% | $36.9M | $63.8M | 200x | as long as short |
| OKX ARB-USDT-SWAP | −0.0104% | 8h | 0.2227 | +0.013% | $22.2M | $163.9M | 50x | as long as short |
| Kraken Futures PF_ARBUSD | −0.0053% | 1h | 0.2229 | +0.113% | $1.1M | $5.3M | 50x | as long as short |
| Polymarket Perps ARB-USD | −0.0052% | 1h | 0.2227 | +0.009% | $77K | $2.2M | 10x | as long as short |
| Orderly PERP_ARB_USDC | −0.0021% | 8h | 0.2228 | +0.049% | $11K | $388K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ARB_USDC-PERPETUAL | −0.0019% | 1h | 0.2229 | +0.103% | $38K | $20K | 25x | as long as short |
| Binance ARBUSDT | −0.0018% | 8h | 0.2228 | +0.036% | $63.4M | $324.6M | 75x | as long as short |
| Extended ARB-USD | −0.0016% | 1h | 0.2227 | +0.003% | $355K | $2.4M | 25x | as long as short |
| dYdX ARB-USD | 0.0000% | 1h | 0.2226 | −0.042% | $66K | $4K | 10x | as long as short |
| gTrade (Gains Network) ARB/USD | L +0.0005% / S −0.0005% | 1h | 0.2229 | +0.079% | $56K | — | 150x | as long as short |
| Gate ARB_USDTshort | +0.0008% | 8h | 0.2227 | +0.004% | $5.5M | $21.6M | 60x | |
| Aevo ARB-PERP | +0.0080% | 1h | 0.2229 | +0.106% | $146K | $12K | 3x | as long as short |
| Bitget ARBUSDT | +0.0088% | 8h | 0.2226 | −0.040% | $20.9M | $38.2M | 50x | as long as short |
| BingX ARB-USDC | +0.0088% | 8h | 0.2225 | −0.067% | — | $6.5M | — | as long as short |
| Lighter ARB | +0.0096% | 1h | 0.2229 | +0.085% | $1.3M | $7.8M | 15x | as long as short |
| Hyperliquid ARB | +0.0100% | 1h | 0.2229 | +0.099% | $39.7M | $53.0M | 10x | as long as short |
| Aster ARBUSDT | +0.0100% | 8h | 0.2228 | +0.038% | $691K | $1.8M | 20x | as long as short |
| Pacifica ARB | +0.0100% | 1h | 0.2226 | −0.045% | $47K | $199K | 10x | as long as short |
| KuCoin ARBUSDTM | +0.0100% | 8h | 0.2227 | +0.004% | $20.4M | $16.9M | 75x | as long as short |
| edgeX ARBUSDC | +0.0100% | 4h | 0.2230 | +0.136% | $39K | $458K | 20x | as long as short |
| GRVT ARB_USDT_Perp | +0.0100% | 8h | 0.2227 | +0.017% | $480K | $4.1M | 10x | as long as short |
| ApeX Omni ARBUSDT | +0.0100% | 1h | 0.2231 | +0.184% | $121K | $297K | 50x | as long as short |
| SunX ARB-USDT | +0.0100% | 8h | 0.2228 | +0.049% | $1K | $1.1M | 30x | as long as short |
| HTX ARB-USDT | +0.0100% | 8h | 0.2225 | −0.090% | $274K | $1.2M | 50x | as long as short |
| Phemex ARBUSDT | +0.0100% | 8h | 0.2228 | +0.049% | $5.2M | $13.7M | 50x | as long as short |
| BloFin ARB-USDTlong | +0.0102% | 8h | 0.2227 | long leg | $3.0M | $3.3M | 75x | |
| GMX ARB/USD [ARB-USDC] | L +0.0154% / S −0.0018% | 1h | 0.2229 | +0.085% | $845K | — | 150x | as long as short |
| Coinbase International ARB-PERP-INTX | +0.0288% | 1h | 0.2249 | +0.992% | $504K | $2.5M | 50x | as long as short |
| Reya ARBRUSDPERP | +0.0291% | 1h | 0.2226 | −0.019% | $2K | $695 | 20x | as long as short |
| RISEx ARB/USDC | +0.0546% | 1h | 0.2228 | +0.038% | $494K | $2.8M | 10x | as long as short |
| Backpack ARB_USDC_PERP | +0.0550% | 1h | 0.2227 | +0.013% | $1.1M | $2.7M | 20x | as long as short |
BloFin ARB-USDT
Gate ARB_USDT
Injective ARB/USDC PERP
01 Exchange ARBUSD
Variational Omni ARB
Bybit ARBUSDT
SoDEX ARB-USD
MEXC ARB_USDT
OKX ARB-USDT-SWAP
Kraken Futures PF_ARBUSD
Polymarket Perps ARB-USD
Deribit ARB_USDC-PERPETUAL
Binance ARBUSDT
Extended ARB-USD
gTrade (Gains Network) ARB/USD
Bitget ARBUSDT
BingX ARB-USDC
Lighter ARB
Hyperliquid ARB
Aster ARBUSDT
Pacifica ARB
KuCoin ARBUSDTM
edgeX ARBUSDC
GRVT ARB_USDT_Perp
ApeX Omni ARBUSDT
SunX ARB-USDT
HTX ARB-USDT
Phemex ARBUSDT
GMX ARB/USD [ARB-USDC]
Coinbase International ARB-PERP-INTX
RISEx ARB/USDC
Backpack ARB_USDC_PERP