Funding you earn now, next payment 04:00 UTC+0.1829%/8h= +200.3% APRnext payment +$9.14 per $10,000 · paid last 24h −0.135%
Price spread now: BloFin against Gate+0.074%303s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2802.799% of the position
Funding, last 4 days (all we have)+0.386%+$39 on $10k
+Price spread, last 3 days (all we have)−0.257%−$26 · spread now +0.074%, 7d avg +0.006%
=Both sides work for this trade now. Funding pays +$55 a day on $10k at the current rate, and BloFin is 0.068% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.006%. The two prices were read 303 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 0.386% in total (about 39.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.14 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate STONK_USDT | 0.3645 | 0.0822 | pay 0.0411% / 4h | 2h 44m | $893K | $1.7M | 10x |
| Short | BloFin STONK-USDT | 0.3648 | 0.2651 | get 0.1325% / 4h | 2h 44m | $91K | $236K | 5x |
Gate STONK_USDT
BloFin STONK-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
- $384.08
- Price spread: +0.074% → +0.006%
- $6.83
- Slippage, 4 orders
- −$252.95
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $110.97
- Costs to cover
- 2.799%
- Break-even
- 5.0 days
Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 17 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, 3 min ago | 23.87 bp | 70.5 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 13.39 bp | 39.0 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
STONK on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget STONKUSDT | +0.0140% | 4h | 0.3618 | −0.738% | $367K | $2.7M | 10x | as long as short |
| Gate STONK_USDTlong | +0.0822% | 4h | 0.3645 | long leg | $893K | $1.7M | 10x | |
| Bybit STONKUSDT | +0.1340% | 4h | 0.3615 | −0.831% | $1.6M | $6.9M | 5x | as long as short |
| BingX STONK-USDT | +0.1494% | 4h | 0.3616 | −0.804% | — | $936K | — | as long as short |
| Phoenix STONK | +0.1557% | 1h | 0.3675 | +0.826% | $206K | $249K | 3x | as long as short |
| MEXC STONK_USDT | +0.2218% | 4h | 0.3623 | −0.620% | $849K | $1.1M | 20x | as long as short |
| BloFin STONK-USDTshort | +0.2651% | 4h | 0.3648 | +0.074% | $91K | $236K | 5x | |
| Aster STONKUSDT | +0.4463% | 1h | 0.3627 | −0.493% | $498K | $1.1M | 10x | as long as short |
| Lighter STONK | +0.4608% | 1h | 0.3641 | −0.129% | $436K | $581K | 5x | as long as short |
Bitget STONKUSDT
Bybit STONKUSDT
BingX STONK-USDT
Phoenix STONK
MEXC STONK_USDT
Aster STONKUSDT
Lighter STONK