Funding you earn now, next payment 00:00 UTC+0.0401%/8h= +43.9% APRnext payment +$4.01 per $10,000 · paid last 24h −0.025%
Price spread now: BloFin against Gate−0.047%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$680.677% of the position
Funding, last 7 days+0.260%+$26 on $10k
+Price spread, last 3 days (all we have)+0.152%+$15 · spread now −0.047%, 7d avg +0.027%
=Funding pays, the price is against you. BloFin is 0.075% cheaper against Gate than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of +0.027%). If the spread goes back, that is −$7 on $10k: about 15 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.260% in total) that is about 2.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.260% in total (about 13.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.01 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 AMAT_USDT | 466.90 | 0 | get 0.0000% / 8h | 39m 17s | $2.0M | $6.4M | 50x |
| Short | BloFin AMAT-USDT | 466.68 | 0.0401 | get 0.0401% / 8h | 39m 17s | $109K | $80K | 20x |
Gate AMAT_USDT
BloFin AMAT-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
- $84.18
- Price spread: −0.047% → +0.027%
- −$7.45
- Slippage, 4 orders
- −$40.68
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $9.04
- Costs to cover
- 0.677%
- Break-even
- 6.2 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 21 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, 4 min ago | 7.49 bp | 18.1 bp −$18 | 98.7 bp −$987 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 21 min ago | 1.61 bp | 13.8 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 466.41 | −0.104% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 466.65 | −0.054% | $933K | $652K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 467.03 | +0.028% | $1.4M | $1.6M | 20x | as long as short |
| Gate AMAT_USDTlong | 0.0000% | 8h | 466.90 | long leg | $2.0M | $6.4M | 50x | |
| Bitget AMATUSDT | 0.0000% | 8h | 467.09 | +0.041% | $2.1M | $1.7M | 20x | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 466.04 | −0.184% | — | — | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 466.16 | −0.158% | $406K | $411K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 466.70 | −0.043% | $1K | $385K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 466.97 | +0.015% | $170K | $40K | 20x | as long as short |
| tradeXYZ xyz:AMAT | +0.0171% | 1h | 466.33 | −0.122% | $2.6M | $2.4M | 10x | as long as short |
Aster AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
Vest AMAT-USD-PERP
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
tradeXYZ xyz:AMATShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AMAT | +0.0271% | 8h | 466.35 | −0.119% | $76K | $14K | — | as long as short |
| Phoenix AMAT | +0.0360% | 1h | 466.42 | −0.103% | $19K | $131K | 10x | as long as short |
| Binance AMATUSDT | +0.0380% | 8h | 466.79 | −0.024% | $8.9M | $12.8M | 20x | as long as short |
| Extended AMAT-USD | +0.0384% | 1h | 466.59 | −0.067% | $5K | $27K | 10x | as long as short |
| BloFin AMAT-USDTshort | +0.0401% | 8h | 466.68 | −0.047% | $109K | $80K | 20x | |
| GRVT AMAT_USDT_Perp | +0.0601% | 8h | 466.53 | −0.079% | $299 | $101K | 10x | as long as short |
Variational Omni AMAT
Phoenix AMAT
Binance AMATUSDT
Extended AMAT-USD
GRVT AMAT_USDT_Perp