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+0.0215%/8h= +23.5% APRnext payment +$1.07 per $10,000 · paid last 24h −0.111%
Price spread now: Bitget against BloFin−0.099%105s7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$980.976% 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)+1.639%+$164 · spread now −0.099%, 7d avg −0.044%
Together, before fees+1.359%+$136 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.055% cheaper against BloFin than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of −0.044%). If the spread goes back, that is −$5 on $10k: about 20 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.280%, so the current rate has only just turned in your favour. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin B-USDT0.20230.0919pay 0.0460% / 4h1h 51m$593K$39K20x
ShortBitget BUSDT0.20210.1134get 0.0567% / 4h1h 51m$2.7M$230K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$45.15
Price spread: −0.099% → −0.044%
−$5.47
Slippage, 4 orders
−$73.63
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$57.95
Costs to cover
0.976%
Break-even
16.0 days
Slippage from BloFin: live order book, 30 min ago; Bitget: live order book, 1 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 BloFin live order book, 30 min ago2.47 bp26.2 bp −$26126.0 bp −$1,260doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago4.95 bp34.2 bp −$34169.1 bp −$1,691doesn'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%4h0.2018−0.247%$3.4M$584K20xas long as short
KuCoin BUSDTM+0.0100%4h0.2016−0.326%$1.9M$71K10xas long as short
MEXC B_USDT+0.0886%4h0.2019−0.198%$968K$346K100xas long as short
edgeX BUSDC+0.0887%4h0.2019−0.178%$3K$391K5xas long as short
Extended B-USD+0.0888%1h0.2019−0.187%$15K$117K5xas long as short
Binance BUSDT+0.0889%4h0.2019−0.198%$11.7M$2.0M20xas long as short
BloFin B-USDTlong+0.0919%4h0.2023long leg$593K$39K20x
Bybit BUSDT+0.0987%4h0.2017−0.292%$1.7M$949K13xas long as short
BingX B-USDT+0.1066%4h0.2019−0.198%$1.2Mas long as short
Bitget BUSDTshort+0.1134%4h0.2021−0.099%$2.7M$230K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1355%4h0.2020−0.156%$1.9M$205K5xas long as short