Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.4% APRnext payment −$0.25 per $10,000 · paid last 24h +0.004%
Price spread now: Bitget against BloFin+0.140%45s7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as 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−$1081.080% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 4 days (all we have)−0.563%−$56 · spread now +0.140%, 7d avg +0.065%
=The price spread pays, funding is against you. Bitget is 0.075% dearer against BloFin than usual: you sell high and buy low (spread +0.140% now, against its 7-day average of +0.065%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.059%, so the current rate has only just turned against you. The two prices were read 45 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 A-USDT | 0.09272 | 0.0150 | pay 0.0075% / 4h | 1h 44m | $148K | $7K | 75x |
| Short | Bitget AUSDT | 0.09285 | 0.0100 | get 0.0050% / 4h | 1h 44m | $913K | $181K | 75x |
BloFin A-USDT
Bitget AUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$10.4
- Price spread: +0.140% → +0.065%
- $7.55
- Slippage, 4 orders
- −$84.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$110.88
- Costs to cover
- 1.080%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 67 min ago; Bitget: live order book, 16 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, 67 min ago | 8.59 bp | 20.3 bp −$20 | 61.6 bp −$616 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 16 min ago | 4.30 bp | 33.7 bp −$34 | 98.4 bp −$984 | doesn't fit | doesn't fit |
A on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective A/USDC PERP | +0.0033% | 1h | 0.08945 | −3.527% | $1K | $5 | 5.5x | as long as short |
| Binance AUSDT | +0.0100% | 4h | 0.09279 | +0.074% | $2.9M | $3.1M | 75x | as long as short |
| Bybit AUSDT | +0.0100% | 4h | 0.09266 | −0.065% | $3.2M | $970K | 50x | as long as short |
| OKX A-USDT-SWAP | +0.0100% | 4h | 0.09276 | +0.043% | $722K | $486K | 10x | as long as short |
| Gate A_USDT | +0.0100% | 4h | 0.09266 | −0.065% | $216K | $67K | 50x | as long as short |
| MEXC A_USDT | +0.0100% | 4h | 0.09281 | +0.097% | $4.0M | $138K | 100x | as long as short |
| KuCoin AUSDTM | +0.0100% | 4h | 0.09292 | +0.216% | $681K | $50K | 75x | as long as short |
| Bitget AUSDTshort | +0.0100% | 4h | 0.09285 | +0.140% | $913K | $181K | 75x | |
| BingX A-USDT | +0.0100% | 4h | 0.09275 | +0.032% | — | $6.5M | — | as long as short |
| Variational Omni A | +0.0100% | 4h | 0.09254 | −0.190% | $1K | $1 | — | as long as short |
Injective A/USDC PERP
Binance AUSDT
Bybit AUSDT
OKX A-USDT-SWAP
Gate A_USDT
MEXC A_USDT
KuCoin AUSDTM
BingX A-USDT
Variational Omni AShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin A-USDTlong | +0.0150% | 4h | 0.09272 | long leg | $148K | $7K | 75x |