Settings8H · net · $10k
Funding arb · Price arb /

STONK

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.2723%/8h= −298.2% APRnext payment $13.62 per $10,000 · paid last 24h +0.206%
Price spread now: Gate against BloFin+0.827%63s7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3913.906% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.347%−$35 on $10k
Price spread, last 4 days (all we have)−0.221%−$22 · spread now +0.827%, 7d avg +0.016%
Together, before fees−0.568%−$57 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.811% dearer against BloFin than usual: you sell high and buy low (spread +0.827% now, against its 7-day average of +0.016%): +$81 on $10k if it goes back. Holding the pair costs −$82 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 4 days (−0.347% in total) that is about 9.2 days. The two prices were read 63 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 4 days it paid -0.347% in total (about -32.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $13.62 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin STONK-USDT0.33480.6825pay 0.3413% / 4h1h 54m$93K$165K5x
ShortGate STONK_USDT0.33760.4102get 0.2051% / 4h1h 54m$1.0M$2.3M10x

Funding 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 it
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How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$571.87
Price spread: +0.827% → +0.016%
$81.09
Slippage, 4 orders
−$363.61
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$881.4
Costs to cover
3.906%
Break-even
never at this rate
Slippage from BloFin: live order book, 50 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 50 min ago1.49 bp57.3 bp −$57doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago9.93 bp138.0 bp −$138doesn't fitdoesn't fitdoesn't fit

STONK on 9 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget STONKUSDT+0.0326%4h0.3358+0.290%$482K$1.9M10xas long as short
Aster STONKUSDT+0.1230%1h0.3364+0.478%$502K$1.2M10xas long as short
Phoenix STONK+0.1646%1h0.3361+0.388%$211K$134K3xas long as short
Lighter STONK+0.2448%1h0.3378+0.893%$364K$548K5xas long as short
MEXC STONK_USDT+0.2998%4h0.3363+0.454%$831K$970K20xas long as short
Gate STONK_USDTshort+0.4102%4h0.3376+0.827%$1.0M$2.3M10x
Bybit STONKUSDT+0.4717%4h0.3362+0.418%$1.9M$6.0M5xas long as short
BingX STONK-USDT+0.4760%4h0.3360+0.358%$896Kas long as short
BloFin STONK-USDTlong+0.6825%4h0.3348long leg$93K$165K5x