Funding you earn now, next payment 12:00 UTC−0.0171%/8h= −18.7% APRpaid last 24h −0.167%
Price spread now: BloFin against Gate−0.581%63s7-day average +2.390% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,655as 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−$6026.023% of the position
Funding, last 7 days−10.527%−$1,053 on $10k
+Price spread, last 4 days (all we have)+3.951%+$395 · spread now −0.581%, 7d avg +2.390%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 2.970% cheaper against Gate than usual: you would sell low and buy high (−$297 if the spread goes back to its 7-day average of +2.390%). Swap the legs. 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 ONE_USDT | 0.003479 | 0.0063 | pay 0.0063% / 8h | 4h 10m | $1.6M | $11.9M | 20x |
| Short | BloFin ONE-USDT | 0.003459 | −0.0108 | pay 0.0054% / 4h | 10m 05s | $797K | $1.4M | 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
- −$35.88
- Price spread: −0.581% → +2.390%
- −$297.01
- Slippage, 4 orders
- −$575.31
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$935.2
- Costs to cover
- 6.023%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 6 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, 2 min ago | 2.90 bp | 370.3 bp −$370 | 2071.8 bp −$20.7K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.72 bp | 10.2 bp −$10 | 13.0 bp −$130 | doesn't fit | doesn't fit |
ONE on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ONEUSDTM | −0.5776% | 1h | 0.003601 | +3.507% | $3.6M | $9.9M | 30x | as long as short |
| Aster ONEUSDT | −0.1809% | 1h | 0.003470 | −0.259% | $1.8M | $4.4M | 5x | as long as short |
| BloFin ONE-USDTshort | −0.0108% | 4h | 0.003459 | −0.581% | $797K | $1.4M | 50x | |
| MEXC ONE_USDT | −0.0026% | 4h | 0.003491 | +0.345% | $11.5M | $12.9M | 20x | as long as short |
| Binance ONEUSDT | −0.0023% | 4h | 0.003490 | +0.320% | $13.5M | $267.7M | 50x | as long as short |
| BingX ONE-USDT | +0.0048% | 4h | 0.003492 | +0.374% | — | $4.5M | — | as long as short |
| Gate ONE_USDTlong | +0.0063% | 8h | 0.003479 | long leg | $1.6M | $11.9M | 20x | |
| Bitget ONEUSDT | +0.0064% | 4h | 0.003515 | +1.023% | $1.9M | $23.8M | 20x | as long as short |
| Variational Omni ONE | +0.0100% | 4h | 0.003461 | −0.517% | $79K | $34K | — | as long as short |
Gate ONE_USDT
BloFin ONE-USDT
KuCoin ONEUSDTM
Aster ONEUSDT
MEXC ONE_USDT
Binance ONEUSDT
BingX ONE-USDT
Bitget ONEUSDT
Variational Omni ONE