Funding you earn now, next payment 00:00 UTC+0.3874%/8h= +424.2% APRnext payment +$19.37 per $10,000 · paid last 24h +0.793%
Price spread now: BloFin against Bitget−0.592%85s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.742%+$74 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. BloFin is 0.592% cheaper against Bitget than usual: you would sell low and buy high (spread −0.592% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$59 on $10k: about 12 hours of funding at the current rate (+$116 a day). At the pace of the last 7 days (+0.742% in total) that is about 5.6 days. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.742% in total (about 38.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$19.37 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 BIRBUSDT | 0.06931 | 0.0100 | pay 0.0050% / 4h | 57m 48s | $430K | $203K | 20x |
| Short | BloFin BIRB-USDT | 0.06890 | 0.3974 | get 0.1987% / 4h | 57m 48s | $83K | $5K | 25x |
Bitget BIRBUSDT
BloFin BIRB-USDTFunding 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
- $813.44
- Price spread: −0.592% → 0.000%
- −$59.15
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $730.29
- Costs to cover
- 0.240%
- Break-even
- 0.7 days
Slippage unknown: Bitget: live order book, 13 min ago; BloFin: no order-book sample. Net counts fees only.
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, 13 min ago | 5.06 bp | 43.3 bp −$43 | 344.3 bp −$3,443 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BIRB 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BIRBUSDT | +0.0100% | 4h | 0.06927 | −0.058% | $16K | $17K | 5x | as long as short |
| Binance BIRBUSDT | +0.0100% | 4h | 0.06944 | +0.189% | $1.2M | $1.6M | 50x | as long as short |
| Gate BIRB_USDT | +0.0100% | 4h | 0.06932 | +0.014% | $61K | $56K | 20x | as long as short |
| MEXC BIRB_USDT | +0.0100% | 4h | 0.06946 | +0.216% | $143K | $99K | 50x | as long as short |
| KuCoin BIRBUSDTM | +0.0100% | 4h | 0.06941 | +0.144% | $81K | $40K | 20x | as long as short |
| Bitget BIRBUSDTlong | +0.0100% | 4h | 0.06931 | long leg | $430K | $203K | 20x | |
| BingX BIRB-USDT | +0.3842% | 4h | 0.06928 | −0.043% | — | $735K | — | as long as short |
| Bybit BIRBUSDT | +0.3973% | 4h | 0.06900 | −0.447% | $638K | $425K | 25x | as long as short |
| BloFin BIRB-USDTshort | +0.3974% | 4h | 0.06890 | −0.592% | $83K | $5K | 25x |
Aster BIRBUSDT
Binance BIRBUSDT
Gate BIRB_USDT
MEXC BIRB_USDT
KuCoin BIRBUSDTM
BingX BIRB-USDT
Bybit BIRBUSDT