Funding you earn now, next payment 04:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against Gate+0.324%93s7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as 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−$1281.281% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 3 days (all we have)−0.324%−$32 · spread now +0.324%, 7d avg +0.045%
=The price spread pays, funding is against you. BloFin is 0.278% dearer against Gate than usual: you sell high and buy low (spread +0.324% now, against its 7-day average of +0.045%): +$28 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 55 days. Mind the row above: over the last 7 days funding on this pair paid +0.124%, so the current rate has only just turned against you. The two prices were read 93 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 BABY_USDT | 0.01235 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $147K | $109K | 50x |
| Short | BloFin BABY-USDT | 0.01239 | 0.0083 | get 0.0042% / 4h | 3h 01m | $259K | $25K | 50x |
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
- −$3.57
- Price spread: +0.324% → +0.045%
- $27.84
- Slippage, 4 orders
- −$101.15
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$103.88
- Costs to cover
- 1.281%
- Break-even
- never at this rate
Slippage from Gate: live order book, 64 min ago; BloFin: live order book, 64 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, 64 min ago | 8.09 bp | 47.3 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 64 min ago | 8.08 bp | 19.0 bp −$19 | 71.0 bp −$710 | doesn't fit | doesn't fit |
BABY on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BABY-USDTshort | +0.0083% | 4h | 0.01239 | +0.324% | $259K | $25K | 50x | |
| Hyperliquid BABY | +0.0100% | 1h | 0.01236 | +0.065% | $125K | $92K | 3x | as long as short |
| Aster BABYUSDT | +0.0100% | 4h | 0.01235 | −0.034% | $5K | $9K | 5x | as long as short |
| Binance BABYUSDT | +0.0100% | 4h | 0.01236 | +0.062% | $3.3M | $4.1M | 50x | as long as short |
| Bybit BABYUSDT | +0.0100% | 4h | 0.01235 | +0.040% | $818K | $727K | 25x | as long as short |
| OKX BABY-USDT-SWAP | +0.0100% | 4h | 0.01234 | −0.105% | $367K | $539K | 10x | as long as short |
| Gate BABY_USDTlong | +0.0100% | 4h | 0.01235 | long leg | $147K | $109K | 50x | |
| MEXC BABY_USDT | +0.0100% | 4h | 0.01234 | −0.081% | $1.1M | $139K | 20x | as long as short |
| KuCoin BABYUSDTM | +0.0100% | 4h | 0.01234 | −0.081% | $447K | $57K | 30x | as long as short |
| Bitget BABYUSDT | +0.0100% | 4h | 0.01235 | 0.000% | $525K | $168K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BABY-USDT | +0.0100% | 4h | 0.01235 | 0.000% | — | $6.5M | — | as long as short |
| Extended BABY-USD | +0.0104% | 1h | 0.01235 | −0.024% | $1K | $223K | 5x | as long as short |
Gate BABY_USDT
BloFin BABY-USDT
Hyperliquid BABY
Aster BABYUSDT
Binance BABYUSDT
Bybit BABYUSDT
OKX BABY-USDT-SWAP
MEXC BABY_USDT
KuCoin BABYUSDTM
Bitget BABYUSDT
BingX BABY-USDT
Extended BABY-USD