Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.09828 | +0.0061 | pay 0.0030% / 4h | 1h 06m | $236K | $151K | 25x | Long BloFin | |
| SHORT | 0.09815 | +0.0100 | get 0.0050% / 4h | 1h 06m | $1.1M | $2.0M | 20x | Short Bitget |
Price gap−0.132%71s
Funding gap+0.0039% /8h
Funding pays +$1 a day on $10k, but the gap is 0.096% under its 7d average: −$10 if it goes back, about 8.1 days of funding. At the last 7 days' pace that is about 45 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$36+0.0039% /8h now · paid +0.357% over the last 7D
Price—spread −0.132%71s now · prices read too far apart to compare
Costs−$1011.010% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.132%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBIRB on 9 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size28.9 / 19.7 bpAt $10k entering BloFin costs 28.9 bp, fee and slippage, 1.5× Bitget’s.
- Note: Margin at max leverage$400 + $500BloFin 25x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$1.17Long BloFin: 6 payments, −$1.83; short Bitget: 6 payments, +$3.00.
- Watch: Prices read 71 s apart−0.132% vs −0.037%Part of this gap may be the market moving.
- Watch: Long leg is thinner$236K vs $1.1M OIBloFin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBloFin Limited · Bitget YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0170%/8h × 21 periods+$35.68
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$77.00
Fee BloFin bp × 2 orders−$12.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$65.32
price spread not counted: prices read too far apartCosts to cover1.010%Break-even19.8 days
Slippage: BloFin: live order book, 17 min ago; Bitget: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBloFin2.0928.9 bp−$29doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget5.6719.7 bp−$20109.0 bp−$1,090doesn’t fitdoesn’t fit
Closing costs about the same again.