Funding you earn now, next payment 08:00 UTC+0.0321%/8h= +35.2% APRnext payment +$1.61 per $10,000 · paid last 24h −0.013%
Price spread now: BloFin against Gate+0.057%48s7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$207as 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−$2002.003% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.057%, 7d avg −0.036%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.094% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.036%. Mind the row above: over the last 7 days funding on this pair cost −0.066%, so the current rate has only just turned in your favour. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
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 +$1.61 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 | Gate BANK_USDT | 0.03480 | 0.0100 | pay 0.0050% / 4h | 52m 21s | $723K | $1.3M | 10x |
| Short | BloFin BANK-USDT | 0.03482 | 0.0421 | get 0.0211% / 4h | 52m 21s | $443K | $91K | 50x |
Gate BANK_USDT
BloFin BANK-USDTFunding 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
- $67.47
- Price spread: +0.057% → −0.036%
- $9.38
- Slippage, 4 orders
- −$173.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$123.42
- Costs to cover
- 2.003%
- Break-even
- 19.8 days
Slippage from Gate: live order book, 5 min ago; BloFin: live order book, 28 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, 5 min ago | 7.20 bp | 106.3 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 28 min ago | 2.88 bp | 18.3 bp −$18 | 33.9 bp −$339 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BANK_USDTlong | +0.0100% | 4h | 0.03480 | long leg | $723K | $1.3M | 10x | |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03474 | −0.172% | $1.2M | $188K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03483 | +0.086% | $40K | $229K | 20x | as long as short |
| Aster BANKUSDT | +0.0104% | 4h | 0.03475 | −0.147% | $56K | $96K | 5x | as long as short |
| MEXC BANK_USDT | +0.0180% | 4h | 0.03477 | −0.086% | $2.5M | $486K | 20x | as long as short |
| Binance BANKUSDT | +0.0181% | 4h | 0.03481 | +0.029% | $7.6M | $31.5M | 50x | as long as short |
| edgeX BANKUSDC | +0.0214% | 4h | 0.03472 | −0.241% | $1K | $246K | 5x | as long as short |
| Bybit BANKUSDT | +0.0348% | 4h | 0.03476 | −0.115% | $3.0M | $6.6M | 20x | as long as short |
| Bitget BANKUSDT | +0.0420% | 4h | 0.03482 | +0.057% | $2.8M | $3.6M | 25x | as long as short |
| BingX BANK-USDT | +0.0421% | 4h | 0.03481 | +0.029% | — | $6.9M | — | as long as short |
KuCoin BANKUSDTM
HTX BANK-USDT
Aster BANKUSDT
MEXC BANK_USDT
Binance BANKUSDT
edgeX BANKUSDC
Bybit BANKUSDT
Bitget BANKUSDT
BingX BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BANK-USDTshort | +0.0421% | 4h | 0.03482 | +0.057% | $443K | $91K | 50x |