Funding you earn now, next payment 04:00 UTC−0.1638%/8h= −179.4% APRnext payment −$8.19 per $10,000 · paid last 24h −0.933%
Price spread now: Bitget against BloFin+0.373%45s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.886%−$89 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bitget is 0.373% dearer against BloFin than usual: you sell high and buy low (spread +0.373% now, against zero (this spread has no 7-day history yet)): +$37 on $10k if it goes back. Holding the pair costs −$49 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 7 days (−0.886% in total) that is about 2.9 days. The two prices were read 45 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 -0.886% in total (about -46.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.19 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 | BloFin BIRB-USDT | 0.06966 | 0.1738 | pay 0.0869% / 4h | 3h 16m | $84K | $5K | 25x |
| Short | Bitget BIRBUSDT | 0.06992 | 0.0100 | get 0.0050% / 4h | 3h 16m | $439K | $194K | 20x |
BloFin BIRB-USDT
Bitget BIRBUSDTFunding 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
- −$343.98
- Price spread: +0.373% → 0.000%
- $37.32
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$330.65
- Costs to cover
- 0.240%
- Break-even
- from the start
Slippage unknown: BloFin: no order-book sample; Bitget: live order book, 49 min ago. 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 49 min ago | 5.05 bp | 31.6 bp −$32 | 207.0 bp −$2,070 | doesn't fit | doesn't fit |
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 | 0.06978 | +0.179% | $16K | $17K | 5x | as long as short |
| Binance BIRBUSDT | +0.0100% | 4h | 0.06989 | +0.337% | $1.3M | $1.7M | 50x | as long as short |
| Gate BIRB_USDT | +0.0100% | 4h | 0.06982 | +0.230% | $61K | $56K | 20x | as long as short |
| MEXC BIRB_USDT | +0.0100% | 4h | 0.06992 | +0.373% | $142K | $101K | 50x | as long as short |
| KuCoin BIRBUSDTM | +0.0100% | 4h | 0.06992 | +0.373% | $75K | $38K | 20x | as long as short |
| Bitget BIRBUSDTshort | +0.0100% | 4h | 0.06992 | +0.373% | $439K | $194K | 20x | |
| Bybit BIRBUSDT | +0.1636% | 4h | 0.06967 | +0.014% | $650K | $461K | 25x | as long as short |
| BingX BIRB-USDT | +0.1686% | 4h | 0.06983 | +0.244% | — | $736K | — | as long as short |
| BloFin BIRB-USDTlong | +0.1738% | 4h | 0.06966 | long leg | $84K | $5K | 25x |
Aster BIRBUSDT
Binance BIRBUSDT
Gate BIRB_USDT
MEXC BIRB_USDT
KuCoin BIRBUSDTM
Bybit BIRBUSDT
BingX BIRB-USDT