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

TA

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.21 per $10,000 · paid last 24h −0.035%
Price spread now: Gate against BloFin−0.219%48s7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$585as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$5465.458% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.392%−$39 on $10k
Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.219%, 7d avg −0.100%
Together, before fees−0.293%−$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.120% cheaper against BloFin than usual: you would sell low and buy high (spread −0.219% now, against its 7-day average of −0.100%). If the spread goes back, that is −$12 on $10k: about 9.6 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.392%, 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin TA-USDT0.054680.0058pay 0.0029% / 4h2h 52m$394K$5K10x
ShortGate TA_USDT0.054560.0100get 0.0050% / 4h2h 52m$2.0M$45K20x

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

Profit calculator

Funding earned
$8.76
Price spread: −0.219% → −0.100%
−$11.97
Slippage, 4 orders
−$518.84
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$549.05
Costs to cover
5.458%
Break-even
445.9 days
Slippage from BloFin: live order book, 38 min ago; Gate: live order book, 5 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, 38 min ago4.57 bp47.7 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 5 min ago9.16 bp232.5 bp −$232doesn't fitdoesn't fitdoesn't fit

TA on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin TA-USDTlong+0.0058%4h0.05468long leg$394K$5K10x
Aster TAUSDT+0.0100%4h0.05460−0.155%$18K$3K5xas long as short
Binance TAUSDT+0.0100%4h0.05469+0.018%$6.5M$856K10xas long as short
Bybit TAUSDT+0.0100%4h0.05456−0.219%$2.0M$106K5xas long as short
Gate TA_USDTshort+0.0100%4h0.05456−0.219%$2.0M$45K20x
MEXC TA_USDT+0.0100%4h0.05472+0.073%$154K$83K50xas long as short
KuCoin TAUSDTM+0.0100%4h0.05462−0.110%$183K$16K10xas long as short
BingX TA-USDT+0.0100%4h0.05461−0.128%$2.3Mas long as short
Variational Omni TA+0.0100%4h0.05444−0.447%$16K$1as long as short