Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against BloFin−0.155%45s7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as 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−$1241.242% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.155%, 7d avg −0.008%
=Funding pays, the price is against you. Bitget is 0.146% cheaper against BloFin than usual: you would sell low and buy high (spread −0.155% now, against its 7-day average of −0.008%). If the spread goes back, that is −$15 on $10k: about 12 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.011% in total) that is about 3 months. 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 AWE-USDT | 0.06407 | 0.0060 | pay 0.0030% / 4h | 28m 30s | $143K | $27K | 40x |
| Short | Bitget AWEUSDT | 0.06397 | 0.0100 | get 0.0050% / 4h | 28m 30s | $446K | $238K | 40x |
BloFin AWE-USDT
Bitget AWEUSDTFunding 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
- $8.3
- Price spread: −0.155% → −0.008%
- −$14.63
- Slippage, 4 orders
- −$100.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$130.5
- Costs to cover
- 1.242%
- Break-even
- 117.1 days
Slippage from BloFin: live order book, 1 min ago; Bitget: live order book, 22 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, 1 min ago | 6.24 bp | 24.6 bp −$25 | 92.3 bp −$923 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 22 min ago | 4.78 bp | 29.0 bp −$29 | 117.2 bp −$1,172 | doesn't fit | doesn't fit |
AWE 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AWE-USDTlong | +0.0060% | 4h | 0.06407 | long leg | $143K | $27K | 40x | |
| Aster AWEUSDT | +0.0100% | 4h | 0.06400 | −0.112% | $2K | $8K | 5x | as long as short |
| Binance AWEUSDT | +0.0100% | 4h | 0.06405 | −0.031% | $2.2M | $1.2M | 40x | as long as short |
| Bybit AWEUSDT | +0.0100% | 4h | 0.06412 | +0.078% | $537K | $216K | 25x | as long as short |
| MEXC AWE_USDT | +0.0100% | 4h | 0.06404 | −0.047% | $1.1M | $133K | 20x | as long as short |
| KuCoin AWEUSDTM | +0.0100% | 4h | 0.06400 | −0.109% | $144K | $50K | 20x | as long as short |
| Bitget AWEUSDTshort | +0.0100% | 4h | 0.06397 | −0.155% | $446K | $238K | 40x | |
| BingX AWE-USDT | +0.0100% | 4h | 0.06407 | 0.000% | — | $6.5M | — | as long as short |
| Gate AWE_USDT | +0.0382% | 8h | 0.06396 | −0.172% | $46K | $27K | 25x | as long as short |
Aster AWEUSDT
Binance AWEUSDT
Bybit AWEUSDT
MEXC AWE_USDT
KuCoin AWEUSDTM
BingX AWE-USDT
Gate AWE_USDT