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 − costs—prices read too far apart to compare
costs, in and out, $10k−$980.976% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin B-USDT | 0.2023 | 0.0919 | pay 0.0460% / 4h | 1h 51m | $593K | $39K | 20x |
| Short | Bitget BUSDT | 0.2021 | 0.1134 | get 0.0567% / 4h | 1h 51m | $2.7M | $230K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 30 min ago | 2.47 bp | 26.2 bp −$26 | 126.0 bp −$1,260 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 4.95 bp | 34.2 bp −$34 | 169.1 bp −$1,691 | 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 | 0.2018 | −0.247% | $3.4M | $584K | 20x | as long as short |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2016 | −0.326% | $1.9M | $71K | 10x | as long as short |
| MEXC B_USDT | +0.0886% | 4h | 0.2019 | −0.198% | $968K | $346K | 100x | as long as short |
| edgeX BUSDC | +0.0887% | 4h | 0.2019 | −0.178% | $3K | $391K | 5x | as long as short |
| Extended B-USD | +0.0888% | 1h | 0.2019 | −0.187% | $15K | $117K | 5x | as long as short |
| Binance BUSDT | +0.0889% | 4h | 0.2019 | −0.198% | $11.7M | $2.0M | 20x | as long as short |
| BloFin B-USDTlong | +0.0919% | 4h | 0.2023 | long leg | $593K | $39K | 20x | |
| Bybit BUSDT | +0.0987% | 4h | 0.2017 | −0.292% | $1.7M | $949K | 13x | as long as short |
| BingX B-USDT | +0.1066% | 4h | 0.2019 | −0.198% | — | $1.2M | — | as long as short |
| Bitget BUSDTshort | +0.1134% | 4h | 0.2021 | −0.099% | $2.7M | $230K | 10x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1355% | 4h | 0.2020 | −0.156% | $1.9M | $205K | 5x | as long as short |
BloFin B-USDT
Bitget BUSDT
Gate B_USDT
KuCoin BUSDTM
MEXC B_USDT
edgeX BUSDC
Extended B-USD
Binance BUSDT
Bybit BUSDT
BingX B-USDT
Aster BUSDT