Funding you earn now, next payment 08:00 UTC−0.0435%/8h= −47.6% APRnext payment −$2.17 per $10,000 · paid last 24h +0.013%
Price spread now: Gate against BloFin−0.087%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1451.453% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.087%, 7d avg +0.036%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Gate is 0.123% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.036%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.066%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.066% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.17 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BANK-USDT | 0.03456 | 0.0535 | pay 0.0267% / 4h | 2h 48m | $434K | $78K | 50x |
| Short | Gate BANK_USDT | 0.03453 | 0.0100 | get 0.0050% / 4h | 2h 48m | $719K | $1.3M | 10x |
BloFin BANK-USDT
Gate BANK_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
- −$91.32
- Price spread: −0.087% → +0.036%
- −$12.32
- Slippage, 4 orders
- −$118.28
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$248.91
- Costs to cover
- 1.453%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 42 min ago; Gate: live order book, 4 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, 42 min ago | 2.88 bp | 13.8 bp −$14 | 39.6 bp −$396 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 7.23 bp | 62.3 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
BANK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03450 | −0.178% | $54K | $93K | 5x | as long as short |
| Gate BANK_USDTshort | +0.0100% | 4h | 0.03453 | −0.087% | $719K | $1.3M | 10x | |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03452 | −0.116% | $1.2M | $152K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03454 | −0.058% | $40K | $231K | 20x | as long as short |
| edgeX BANKUSDC | +0.0284% | 4h | 0.03452 | −0.129% | $1K | $246K | 5x | as long as short |
| MEXC BANK_USDT | +0.0294% | 4h | 0.03451 | −0.145% | $2.5M | $507K | 20x | as long as short |
| Binance BANKUSDT | +0.0295% | 4h | 0.03452 | −0.116% | $7.5M | $31.2M | 50x | as long as short |
| BloFin BANK-USDTlong | +0.0535% | 4h | 0.03456 | long leg | $434K | $78K | 50x | |
| Bitget BANKUSDT | +0.0730% | 4h | 0.03455 | −0.029% | $2.8M | $3.5M | 25x | as long as short |
| BingX BANK-USDT | +0.0794% | 4h | 0.03453 | −0.087% | — | $6.9M | — | as long as short |
Aster BANKUSDT
KuCoin BANKUSDTM
HTX BANK-USDT
edgeX BANKUSDC
MEXC BANK_USDT
Binance BANKUSDT
Bitget BANKUSDT
BingX BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BANKUSDT | +0.0883% | 4h | 0.03453 | −0.087% | $2.8M | $6.5M | 20x | as long as short |
Bybit BANKUSDT