Funding you earn now, next payment 12:00 UTC−0.0363%/8h= −39.7% APRnext payment −$1.81 per $10,000 · paid last 24h −0.153%
Price spread now: Gate against BloFin−0.190%78s7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as 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−$1861.859% of the position
Funding, last 7 days−0.396%−$40 on $10k
+Price spread, last 4 days (all we have)+2.457%+$246 · spread now −0.190%, 7d avg −0.161%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Gate is 0.029% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.161%). Swap the legs. 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 B-USDT | 0.2103 | 0.0463 | pay 0.0231% / 4h | 2h 19m | $636K | $43K | 20x |
| Short | Gate B_USDT | 0.2099 | 0.0100 | get 0.0050% / 4h | 2h 19m | $3.6M | $679K | 20x |
BloFin B-USDT
Gate B_USDTFunding 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
- −$76.21
- Price spread: −0.190% → −0.161%
- −$2.91
- Slippage, 4 orders
- −$158.9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$265.02
- Costs to cover
- 1.859%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 29 min ago; Gate: live order book, 2 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, 29 min ago | 9.55 bp | 30.7 bp −$31 | 201.4 bp −$2,014 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 7.14 bp | 60.2 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
B on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BUSDT | +0.0100% | 4h | 0.2098 | −0.243% | $1.8M | $1.2M | 13x | as long as short |
| Gate B_USDTshort | +0.0100% | 4h | 0.2099 | −0.190% | $3.6M | $679K | 20x | |
| Bitget BUSDT | +0.0366% | 4h | 0.2102 | −0.048% | $2.9M | $556K | 10x | as long as short |
| BingX B-USDT | +0.0440% | 4h | 0.2101 | −0.095% | — | $1.3M | — | as long as short |
| Binance BUSDT | +0.0451% | 4h | 0.2100 | −0.143% | $12.2M | $2.6M | 20x | as long as short |
| MEXC B_USDT | +0.0460% | 4h | 0.2101 | −0.095% | $1.3M | $591K | 100x | as long as short |
| BloFin B-USDTlong | +0.0463% | 4h | 0.2103 | long leg | $636K | $43K | 20x | |
| Extended B-USD | +0.0464% | 1h | 0.2101 | −0.099% | $16K | $301K | 5x | as long as short |
| edgeX BUSDC | +0.0470% | 4h | 0.2104 | +0.054% | $3K | $387K | 5x | as long as short |
| KuCoin BUSDTM | +0.0550% | 4h | 0.2100 | −0.152% | $1.9M | $81K | 10x | as long as short |
Bybit BUSDT
Bitget BUSDT
BingX B-USDT
Binance BUSDT
MEXC B_USDT
Extended B-USD
edgeX BUSDC
KuCoin BUSDTMShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1135% | 4h | 0.2099 | −0.182% | $2.0M | $201K | 5x | as long as short |
Aster BUSDT