ATH

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h +0.001%

Price spread now: Gate against BloFin+0.604%78s7-day average −0.171% · you sell dearer than you buy

Net, funding: paid 7d − costs−$191as 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−$1911.907% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.660%−$66 · spread now +0.604%, 7d avg −0.171%

Together, before fees−0.658%−$66 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.776% dearer against BloFin than usual: you sell high and buy low: +$78 more if the spread goes back to its 7-day average of −0.171%. The two prices were read 78 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	BloFin ATH-USDT	0.005460	0.0050	pay 0.0025% / 4h	2h 13m	$161K	$70K	75x
Short	Gate ATH_USDT	0.005493	0.0100	get 0.0050% / 4h	2h 13m	$785K	$610K	30x

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

Position, each leg$Hold fordaysFee BloFinbpFee GatebpOrdersPrice spread, now +0.604%Rate

Funding earned: $10.45
Price spread: +0.604% → −0.171%: $77.55
Slippage, 4 orders: −$163.73
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$102.73
Costs to cover: 1.907%
Break-even: 75.8 days

Slippage from BloFin: live order book, 1 min ago; Gate: live order book, 33 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, 1 min ago	0.91 bp	10.5 bp −$10	58.8 bp −$588	doesn't fit	doesn't fit
Sell Gate live order book, 33 min ago	5.50 bp	66.3 bp −$66	doesn't fit	doesn't fit	doesn't fit

ATH on 13 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_ATHUSD	−0.1926%	1h	0.005500	+0.741%	$17K	$109K	10x	as long as short
Variational Omni ATH	−0.0137%	4h	0.005445	−0.282%	$183K	$93K	—	as long as short
dYdX ATH-USD	0.0000%	1h	0.005489	+0.530%	$11K	$59	5x	as long as short
BloFin ATH-USDTlong	+0.0050%	4h	0.005460	long leg	$161K	$70K	75x
Aster ATHUSDT	+0.0100%	4h	0.005501	+0.751%	$5K	$41K	5x	as long as short
Binance ATHUSDT	+0.0100%	4h	0.005503	+0.788%	$3.3M	$4.3M	50x	as long as short
Bybit ATHUSDT	+0.0100%	4h	0.005491	+0.568%	$4.3M	$2.6M	25x	as long as short
OKX ATH-USDT-SWAP	+0.0100%	4h	0.005493	+0.604%	$712K	$1.3M	20x	as long as short
Gate ATH_USDTshort	+0.0100%	4h	0.005493	+0.604%	$785K	$610K	30x
MEXC ATH_USDT	+0.0100%	4h	0.005503	+0.788%	$8.9M	$660K	50x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ATHUSDTM	+0.0100%	4h	0.005502	+0.769%	$550K	$79K	30x	as long as short
Bitget ATHUSDT	+0.0100%	4h	0.005497	+0.678%	$1.5M	$926K	25x	as long as short
BingX ATH-USDT	+0.0100%	4h	0.005497	+0.678%	—	$21.4M	—	as long as short