Settings8H · net · $10k
Funding arb · Price arb /

BLESS

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0226%/8h= −24.7% APRnext payment $1.13 per $10,000 · paid last 24h −0.040%
Price spread now: Bybit against Bitget−0.119%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$313as in the Price arb table
costs, in and out, $10k−$3093.087% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.581%+$58 on $10k
Price spread, last 7 days−0.003%$0 · spread now −0.119%, 7d avg −0.074%
Together, before fees+0.578%+$58 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.045% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.074%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.581%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BLESSUSDT0.0092820.0326pay 0.0163% / 4h1h 03m$2.8M$735K10x
ShortBybit BLESSUSDT0.0092710.0100get 0.0050% / 4h1h 03m$2.6M$530K13x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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
−$47.46
Price spread: −0.119% → −0.074%
−$4.49
Slippage, 4 orders
−$285.74
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$360.68
Costs to cover
3.087%
Break-even
never at this rate
Slippage from Bitget: live order book, 9 min ago; Bybit: live order book, 9 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 Bitget live order book, 9 min ago5.39 bp23.4 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 9 min ago5.42 bp122.8 bp −$123doesn't fitdoesn't fitdoesn't fit

BLESS on 12 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
GRVT BLESS_USDT_Perp0.0000%4h0.007339−20.938%$228K$3K10xas long as short
Bybit BLESSUSDTshort+0.0100%4h0.009271−0.119%$2.6M$530K13x
KuCoin BLESSUSDTM+0.0100%4h0.009262−0.215%$2.3M$189K40xas long as short
Variational Omni BLESS+0.0100%4h0.009249−0.353%$8K$2Kas long as short
SunX BLESS-USDT+0.0100%4h0.009203−0.851%$2K$680K20xas long as short
BloFin BLESS-USDT+0.0301%4h0.009287+0.054%$459K$172K40xas long as short
MEXC BLESS_USDT+0.0302%4h0.009289+0.075%$7.2M$641K100xas long as short
BingX BLESS-USDT+0.0304%4h0.009257−0.269%$6.7Mas long as short
Binance BLESSUSDT+0.0309%4h0.009293+0.121%$4.5M$3.5M40xas long as short
Bitget BLESSUSDTlong+0.0326%4h0.009282long leg$2.8M$735K10x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate BLESS_USDT+0.0434%4h0.009269−0.140%$878K$769K20xas long as short
Aster BLESSUSDT+0.0740%4h0.009258−0.259%$50K$57K5xas long as short