Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: BingX against Bitget−0.101%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1191.193% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.101%, 7d avg +0.005%
=Funding pays, the price is against you. BingX is 0.107% cheaper against Bitget than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of +0.005%). If the spread goes back, that is −$11 on $10k: about 3.6 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.035% in total) that is about 21 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BLURUSDT | 0.01974 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $813K | $489K | 50x |
| Short | BingX BLUR-USDT | 0.01972 | 0.0200 | get 0.0100% / 4h | 2h 43m | — | $13.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $21
- Price spread: −0.101% → +0.005%
- −$10.67
- Slippage, 4 orders
- −$97.29
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$108.96
- Costs to cover
- 1.193%
- Break-even
- 43.3 days
Slippage from Bitget: live order book, 2 min ago; BingX: live order book, 5 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 Bitget live order book, 2 min ago | 10.11 bp | 28.8 bp −$29 | 255.4 bp −$2,554 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 7.57 bp | 25.3 bp −$25 | 68.1 bp −$681 | 646.0 bp −$64.6K | 988.6 bp −$494.3K |
BLUR on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BLUR/USDC PERP | +0.0033% | 1h | 0.01998 | +1.216% | $1K | $212 | 5.5x | as long as short |
| BloFin BLUR-USDT | +0.0098% | 4h | 0.01974 | 0.000% | $364K | $2K | 50x | as long as short |
| Hyperliquid BLUR | +0.0100% | 1h | 0.01971 | −0.162% | $1.3M | $420K | 3x | as long as short |
| Aster BLURUSDT | +0.0100% | 4h | 0.01973 | −0.074% | $5K | $4K | 5x | as long as short |
| Binance BLURUSDT | +0.0100% | 4h | 0.01971 | −0.152% | $2.0M | $3.6M | 50x | as long as short |
| Bybit BLURUSDT | +0.0100% | 8h | 0.01971 | −0.172% | $1.2M | $924K | 25x | as long as short |
| OKX BLUR-USDT-SWAP | +0.0100% | 4h | 0.01972 | −0.101% | $977K | $1.6M | 20x | as long as short |
| Gate BLUR_USDT | +0.0100% | 4h | 0.01976 | +0.101% | $791K | $251K | 50x | as long as short |
| MEXC BLUR_USDT | +0.0100% | 4h | 0.01972 | −0.101% | $1.0M | $115K | 20x | as long as short |
| KuCoin BLURUSDTM | +0.0100% | 4h | 0.01974 | 0.000% | $568K | $125K | 30x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BLURUSDTlong | +0.0100% | 4h | 0.01974 | long leg | $813K | $489K | 50x | |
| Variational Omni BLUR | +0.0100% | 8h | 0.01977 | +0.142% | $1K | $849 | — | as long as short |
| BingX BLUR-USDTshort | +0.0200% | 4h | 0.01972 | −0.101% | — | $13.3M | — | |
| Kraken Futures PF_BLURUSD | +0.3163% | 1h | 0.01981 | +0.347% | $11K | $8K | 10x | as long as short |
| dYdX BLUR-USD | +0.3465% | 1h | 0.01972 | −0.118% | $25K | $328 | 5x | as long as short |
Bitget BLURUSDT
BingX BLUR-USDT
Injective BLUR/USDC PERP
BloFin BLUR-USDT
Hyperliquid BLUR
Aster BLURUSDT
Binance BLURUSDT
Bybit BLURUSDT
OKX BLUR-USDT-SWAP
Gate BLUR_USDT
MEXC BLUR_USDT
KuCoin BLURUSDTM
Variational Omni BLUR
Kraken Futures PF_BLURUSD