Funding you earn now, next payment 08:00 UTC−0.0181%/8h= −19.9% APRnext payment −$0.91 per $10,000 · paid last 24h −0.041%
Price spread now: Bitget against BloFin−0.326%65s7-day average −0.140% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as 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−$920.921% of the position
Funding, last 7 days−0.211%−$21 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.326%, 7d avg −0.140%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.187% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.140%). Swap the legs. The two prices were read 65 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 BLESS-USDT | 0.009196 | 0.0281 | pay 0.0141% / 4h | 1h 04m | $464K | $169K | 40x |
| Short | Bitget BLESSUSDT | 0.009166 | 0.0100 | get 0.0050% / 4h | 1h 04m | $2.7M | $746K | 10x |
BloFin BLESS-USDT
Bitget BLESSUSDTFunding 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
- −$38.1
- Price spread: −0.326% → −0.140%
- −$18.66
- Slippage, 4 orders
- −$68.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$148.82
- Costs to cover
- 0.921%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 17 min ago; Bitget: live order book, 3 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, 17 min ago | 3.80 bp | 20.9 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 5.44 bp | 27.6 bp −$28 | 228.4 bp −$2,284 | doesn't fit | doesn't fit |
BLESS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT BLESS_USDT_Perp | 0.0000% | 4h | 0.007339 | −20.190% | $228K | $3K | 10x | as long as short |
| Gate BLESS_USDT | +0.0100% | 4h | 0.009155 | −0.446% | $855K | $818K | 20x | as long as short |
| KuCoin BLESSUSDTM | +0.0100% | 4h | 0.009165 | −0.337% | $2.3M | $220K | 40x | as long as short |
| Bitget BLESSUSDTshort | +0.0100% | 4h | 0.009166 | −0.326% | $2.7M | $746K | 10x | |
| Variational Omni BLESS | +0.0100% | 4h | 0.009188 | −0.088% | $8K | $680 | — | as long as short |
| SunX BLESS-USDT | +0.0100% | 4h | 0.009101 | −1.033% | $2K | $804K | 20x | as long as short |
| Bybit BLESSUSDT | +0.0154% | 4h | 0.009159 | −0.402% | $2.5M | $628K | 13x | as long as short |
| BingX BLESS-USDT | +0.0250% | 4h | 0.009182 | −0.152% | — | $6.7M | — | as long as short |
| MEXC BLESS_USDT | +0.0258% | 4h | 0.009173 | −0.250% | $7.2M | $689K | 100x | as long as short |
| Binance BLESSUSDT | +0.0265% | 4h | 0.009175 | −0.232% | $4.5M | $3.8M | 40x | as long as short |
GRVT BLESS_USDT_Perp
Gate BLESS_USDT
KuCoin BLESSUSDTM
Variational Omni BLESS
SunX BLESS-USDT
Bybit BLESSUSDT
BingX BLESS-USDT
MEXC BLESS_USDT
Binance BLESSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BLESS-USDTlong | +0.0281% | 4h | 0.009196 | long leg | $464K | $169K | 40x | |
| Aster BLESSUSDT | +0.0512% | 4h | 0.009162 | −0.373% | $49K | $56K | 5x | as long as short |
Aster BLESSUSDT