H

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.26 per $10,000 · paid last 24h −0.007%

Price spread now: BloFin against Gate+0.030%63s7-day average +0.113% · you sell dearer than you buy

Net, funding: paid 7d − costs−$254as 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−$2792.791% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.252%+$25 on $10k

Price spread, last 4 days (all we have)+0.742%+$74 · spread now +0.030%, 7d avg +0.113%

Together, before fees+0.994%+$99 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.083% cheaper against Gate than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.113%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.252%, so the current rate has only just turned against you. The two prices were read 63 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 H_USDT	0.06669	0.0100	pay 0.0050% / 4h	22m 10s	$2.7M	$1.8M	10x
Short	BloFin H-USDT	0.06671	0.0049	get 0.0024% / 4h	22m 10s	$580K	$108K	25x

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 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 GatebpFee BloFinbpOrdersPrice spread, now +0.030%Rate

Funding earned: −$10.77
Price spread: +0.030% → +0.113%: −$8.34
Slippage, 4 orders: −$252.14
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$298.25
Costs to cover: 2.791%
Break-even: never at this rate

Slippage from Gate: live order book, 6 min ago; BloFin: live order book, 14 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, 6 min ago	4.49 bp	91.7 bp −$92	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 14 min ago	1.49 bp	39.1 bp −$39	110.2 bp −$1,102	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−6.283%	$1K	$1	5.5x	as long as short
KuCoin HUSDTM	+0.0046%	4h	0.06669	0.000%	$1.6M	$10.0M	8x	as long as short
BloFin H-USDTshort	+0.0049%	4h	0.06671	+0.030%	$580K	$108K	25x
Aster HUSDT	+0.0100%	4h	0.06677	+0.114%	$109K	$54K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06677	+0.126%	$14.3M	$11.1M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06660	−0.135%	$7.4M	$4.9M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06677	+0.120%	$1.8M	$6.0M	10x	as long as short
Gate H_USDTlong	+0.0100%	4h	0.06669	long leg	$2.7M	$1.8M	10x
MEXC H_USDT	+0.0100%	4h	0.06672	+0.045%	$6.0M	$1.1M	20x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06659	−0.150%	$1.7M	$447K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.06668	−0.015%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06677	+0.116%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06682	+0.195%	$1.1M	$423K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06671	+0.032%	$10K	$102K	5x	as long as short