Funding you earn now, next payment 12:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.22 per $10,000 · paid last 24h −0.037%
Price spread now: BloFin against Gate+0.311%48s7-day average +0.185% · you sell dearer than you buy
Net, funding: paid 7d − costs−$283as 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−$2372.372% of the position
Funding, last 7 days−0.463%−$46 on $10k
+Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.311%, 7d avg +0.185%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.126% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.185%. Mind the row above: over the last 7 days funding on this pair cost −0.463%, 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPACE_USDT | 0.005137 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $769K | $274K | 20x |
| Short | BloFin SPACE-USDT | 0.005153 | 0.0145 | get 0.0072% / 4h | 1h 30m | $163K | $13K | 50x |
Gate SPACE_USDT
BloFin SPACE-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
- $9.44
- Price spread: +0.311% → +0.185%
- $12.64
- Slippage, 4 orders
- −$210.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$215.1
- Costs to cover
- 2.372%
- Break-even
- 166.6 days
Slippage from Gate: live order book, 14 min ago; BloFin: live order book, 7 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, 14 min ago | 5.81 bp | 84.5 bp −$85 | 4935.2 bp −$49.4K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 2.90 bp | 19.9 bp −$20 | 92.1 bp −$921 | doesn't fit | doesn't fit |
SPACE 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SPACEUSDT | +0.0100% | 4h | 0.005137 | 0.000% | $798K | $155K | 13x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005137 | 0.000% | $1.6M | $1.2M | 20x | as long as short |
| Gate SPACE_USDTlong | +0.0100% | 4h | 0.005137 | long leg | $769K | $274K | 20x | |
| KuCoin SPACEUSDTM | +0.0100% | 4h | 0.005133 | −0.078% | $634K | $100K | 20x | as long as short |
| Bitget SPACEUSDT | +0.0100% | 4h | 0.005134 | −0.058% | $909K | $270K | 20x | as long as short |
| BloFin SPACE-USDTshort | +0.0145% | 4h | 0.005153 | +0.311% | $163K | $13K | 50x | |
| MEXC SPACE_USDT | +0.0146% | 4h | 0.005148 | +0.214% | $500K | $176K | 20x | as long as short |
| Binance SPACEUSDT | +0.0147% | 4h | 0.005148 | +0.220% | $1.8M | $2.3M | 50x | as long as short |
| Aster SPACEUSDT | +0.1480% | 4h | 0.005136 | −0.019% | $18K | $39K | 5x | as long as short |
Bybit SPACEUSDT
OKX SPACE-USDT-SWAP
KuCoin SPACEUSDTM
Bitget SPACEUSDT
MEXC SPACE_USDT
Binance SPACEUSDT
Aster SPACEUSDT