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

BLESS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0324%/8h= +35.5% APRnext payment +$1.62 per $10,000 · paid last 24h +0.048%
Price spread now: Bitget against Bybit+0.032%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$367as in the Funding arb table
Net, price: spread back to 7d avg − costs−$314as in the Price arb table
costs, in and out, $10k−$3103.101% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.573%−$57 on $10k
Price spread, last 7 days+0.099%+$10 · spread now +0.032%, 7d avg +0.074%
Together, before fees−0.474%−$47 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.042% cheaper against Bybit than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.074%). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.573%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BLESSUSDT0.0094070.0100pay 0.0050% / 4h2h 11m$2.6M$543K13x
ShortBitget BLESSUSDT0.0094100.0424get 0.0212% / 4h2h 11m$2.8M$710K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$68.04
Price spread: +0.032% → +0.074%
−$4.17
Slippage, 4 orders
−$287.14
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$246.27
Costs to cover
3.101%
Break-even
32.3 days
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 6 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 Bybit live order book, 5 min ago3.71 bp126.9 bp −$127doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 6 min ago6.36 bp23.1 bp −$23doesn't fitdoesn't fitdoesn't fit

BLESS on 11 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%4h0.007339−21.984%$228K$3K10xas long as short
Bybit BLESSUSDTlong+0.0100%4h0.009407long leg$2.6M$543K13x
KuCoin BLESSUSDTM+0.0100%4h0.009397−0.106%$2.4M$220K40xas long as short
Variational Omni BLESS+0.0100%4h0.009426+0.199%$9K$1Kas long as short
SunX BLESS-USDT+0.0100%4h0.009374−0.351%$2K$727K20xas long as short
Gate BLESS_USDT+0.0258%4h0.009402−0.053%$885K$770K20xas long as short
Bitget BLESSUSDTshort+0.0424%4h0.009410+0.032%$2.8M$710K10x
MEXC BLESS_USDT+0.0620%4h0.009429+0.234%$7.4M$663K100xas long as short
Binance BLESSUSDT+0.0621%4h0.009417+0.106%$4.6M$3.6M40xas long as short
BingX BLESS-USDT+0.0634%4h0.0094070.000%$6.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BLESSUSDT+0.0756%4h0.009420+0.135%$51K$56K5xas long as short