Funding you earn now, next payment 12:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h 0.000%
Price spread now: Gate against BloFin−0.164%78s7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$401as 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−$4044.041% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)+0.313%+$31 · spread now −0.164%, 7d avg −0.004%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.160% cheaper against BloFin than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.004%). 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 MASK-USDT | 0.4883 | 0.0140 | pay 0.0070% / 4h | 2h 55m | $125K | $15K | 50x |
| Short | Gate MASK_USDT | 0.4875 | 0.0100 | get 0.0100% / 8h | 6h 55m | $281K | $105K | 50x |
BloFin MASK-USDT
Gate MASK_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
- −$8.36
- Price spread: −0.164% → −0.004%
- −$15.97
- Slippage, 4 orders
- −$377.14
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$428.47
- Costs to cover
- 4.041%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 60 min ago; Gate: live order book, 34 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, 60 min ago | 3.08 bp | 15.8 bp −$16 | 49.5 bp −$495 | doesn't fit | doesn't fit |
| Sell Gate live order book, 34 min ago | 9.28 bp | 124.6 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
MASK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance MASKUSDT | +0.0100% | 4h | 0.4868 | −0.303% | $2.5M | $3.8M | 50x | as long as short |
| Bybit MASKUSDT | +0.0100% | 4h | 0.4870 | −0.266% | $1.3M | $708K | 50x | as long as short |
| OKX MASK-USDT-SWAP | +0.0100% | 8h | 0.4864 | −0.389% | $522K | $773K | 20x | as long as short |
| Gate MASK_USDTshort | +0.0100% | 8h | 0.4875 | −0.164% | $281K | $105K | 50x | |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4868 | −0.307% | $1.0M | $212K | 50x | as long as short |
| KuCoin MASKUSDTM | +0.0100% | 4h | 0.4877 | −0.123% | $596K | $152K | 50x | as long as short |
| Bitget MASKUSDT | +0.0100% | 4h | 0.4868 | −0.307% | $527K | $326K | 50x | as long as short |
| BingX MASK-USDT | +0.0100% | 4h | 0.4865 | −0.369% | — | $2.3M | — | as long as short |
| Variational Omni MASK | +0.0100% | 4h | 0.4875 | −0.173% | $23K | $31 | — | as long as short |
| BloFin MASK-USDTlong | +0.0140% | 4h | 0.4883 | long leg | $125K | $15K | 50x |
Binance MASKUSDT
Bybit MASKUSDT
OKX MASK-USDT-SWAP
MEXC MASK_USDT
KuCoin MASKUSDTM
Bitget MASKUSDT
BingX MASK-USDT
Variational Omni MASK