Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h +0.012%
Price spread now: Gate against BloFin+0.005%78s7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as 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−$480.485% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now +0.005%, 7d avg +0.020%
=The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 78 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 | BloFin COIN-USDT | 195.84 | 0.0120 | pay 0.0120% / 8h | 53m 43s | $187K | $435K | 20x |
| Short | Gate COIN_USDT | 195.85 | 0 | get 0.0000% / 8h | 53m 43s | $1.2M | $7.3M | 50x |
BloFin COIN-USDT
Gate COIN_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$25.2
- Price spread: +0.005% → +0.020%
- −$1.44
- Slippage, 4 orders
- −$21.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$75.12
- Costs to cover
- 0.485%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 27 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 27 min ago | 0.76 bp | 9.1 bp −$9 | 16.0 bp −$160 | 43.1 bp −$4,310 | doesn't fit |
| Sell Gate live order book, 5 min ago | 6.13 bp | 15.6 bp −$16 | 42.3 bp −$423 | doesn't fit | doesn't fit |
COIN on 26 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 COINUSDT | −0.0509% | 8h | 196.01 | +0.087% | $6.4M | $10.6M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.80 | −0.020% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0070% | 1h | 195.36 | −0.245% | — | $326K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.87 | +0.017% | $342K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 195.82 | −0.013% | $106K | $861K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 195.88 | +0.020% | $15.0M | $82.1M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.83 | −0.005% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.92 | +0.041% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDTshort | 0.0000% | 8h | 195.85 | +0.005% | $1.2M | $7.3M | 50x | |
| Variational Omni COIN | 0.0000% | 8h | 195.83 | −0.006% | $713K | $975K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.79 | −0.026% | $11K | $2.8M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.83 | −0.005% | $461K | $1.5M | 10x | as long as short |
| Lighter COIN | +0.0040% | 1h | 195.83 | −0.006% | $362K | $2.3M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.05 | +0.107% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.66 | −0.092% | $15.1M | $13.1M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.72 | −0.061% | $130K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.78 | −0.031% | $93 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.58 | −0.133% | $448K | $2.8M | 10x | as long as short |
| QFEX COIN-USD | +0.0065% | 1h | 195.86 | +0.010% | $1.3M | $2.9M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.71 | −0.066% | $986K | $136K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.81 | −0.015% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.91 | +0.036% | $567 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.84 | −0.001% | $116 | — | 10x | as long as short |
| BloFin COIN-USDTlong | +0.0120% | 8h | 195.84 | long leg | $187K | $435K | 20x | |
| Phoenix COIN | +0.0163% | 1h | 195.79 | −0.026% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0955% | 4h | 195.77 | −0.036% | $50K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
Lighter COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
QFEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC