Funding you earn now, next payment 00:00 UTC−0.0431%/8h= −47.2% APRnext payment −$2.15 per $10,000 · paid last 24h +0.111%
Price spread now: BloFin against Bitget0.000%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1031.027% of the position
Funding, last 7 days+0.280%+$28 on $10k
+Price spread, last 3 days (all we have)−1.540%−$154 · spread now 0.000%, 7d avg +0.044%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and BloFin is 0.044% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.044%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.280%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.280% in total (about 14.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.15 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 | Bitget BUSDT | 0.2028 | 0.1216 | pay 0.0608% / 4h | 59m 12s | $2.8M | $231K | 10x |
| Short | BloFin B-USDT | 0.2028 | 0.0785 | get 0.0393% / 4h | 59m 12s | $594K | $39K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- −$90.46
- Price spread: 0.000% → +0.044%
- −$4.42
- Slippage, 4 orders
- −$78.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$197.61
- Costs to cover
- 1.027%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 17 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 Bitget live order book, 3 min ago | 4.93 bp | 21.1 bp −$21 | 356.2 bp −$3,562 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 7.42 bp | 13.6 bp −$14 | 59.6 bp −$596 | doesn't fit | doesn't fit |
B 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate B_USDT | +0.0100% | 4h | 0.2024 | −0.197% | $3.4M | $586K | 20x | as long as short |
| KuCoin BUSDTM | +0.0214% | 4h | 0.2029 | +0.064% | $1.9M | $71K | 10x | as long as short |
| Bybit BUSDT | +0.0654% | 4h | 0.2026 | −0.113% | $1.8M | $971K | 13x | as long as short |
| BloFin B-USDTshort | +0.0785% | 4h | 0.2028 | 0.000% | $594K | $39K | 20x | |
| MEXC B_USDT | +0.0820% | 4h | 0.2028 | 0.000% | $974K | $349K | 100x | as long as short |
| Binance BUSDT | +0.0822% | 4h | 0.2029 | +0.046% | $11.7M | $2.0M | 20x | as long as short |
| Extended B-USD | +0.0824% | 1h | 0.2029 | +0.052% | $15K | $117K | 5x | as long as short |
| edgeX BUSDC | +0.0828% | 4h | 0.2027 | −0.071% | $3K | $392K | 5x | as long as short |
| BingX B-USDT | +0.1156% | 4h | 0.2025 | −0.148% | — | $1.2M | — | as long as short |
| Bitget BUSDTlong | +0.1216% | 4h | 0.2028 | long leg | $2.8M | $231K | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1381% | 4h | 0.2027 | −0.034% | $1.9M | $210K | 5x | as long as short |
Bitget BUSDT
BloFin B-USDT
Gate B_USDT
KuCoin BUSDTM
Bybit BUSDT
MEXC B_USDT
Binance BUSDT
Extended B-USD
edgeX BUSDC
BingX B-USDT
Aster BUSDT