Settings8H · net · $10k
Funding arb · Price arb /

B

all B markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−1.260%−$126 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BUSDT0.20280.1216pay 0.0608% / 4h59m 12s$2.8M$231K10x
ShortBloFin B-USDT0.20280.0785get 0.0393% / 4h59m 12s$594K$39K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago4.93 bp21.1 bp −$21356.2 bp −$3,562doesn't fitdoesn't fit
Sell BloFin live order book, 17 min ago7.42 bp13.6 bp −$1459.6 bp −$596doesn't fitdoesn't fit

B on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate B_USDT+0.0100%4h0.2024−0.197%$3.4M$586K20xas long as short
KuCoin BUSDTM+0.0214%4h0.2029+0.064%$1.9M$71K10xas long as short
Bybit BUSDT+0.0654%4h0.2026−0.113%$1.8M$971K13xas long as short
BloFin B-USDTshort+0.0785%4h0.20280.000%$594K$39K20x
MEXC B_USDT+0.0820%4h0.20280.000%$974K$349K100xas long as short
Binance BUSDT+0.0822%4h0.2029+0.046%$11.7M$2.0M20xas long as short
Extended B-USD+0.0824%1h0.2029+0.052%$15K$117K5xas long as short
edgeX BUSDC+0.0828%4h0.2027−0.071%$3K$392K5xas long as short
BingX B-USDT+0.1156%4h0.2025−0.148%$1.2Mas long as short
Bitget BUSDTlong+0.1216%4h0.2028long leg$2.8M$231K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1381%4h0.2027−0.034%$1.9M$210K5xas long as short