Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Bitget−0.150%85s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as 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−$920.916% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 3 days (all we have)+0.274%+$27 · spread now −0.150%, 7d avg +0.012%
=Funding pays, the price is against you. BloFin is 0.162% cheaper against Bitget than usual: you would sell low and buy high (spread −0.150% now, against its 7-day average of +0.012%). If the spread goes back, that is −$16 on $10k: about 33 days of funding at the current rate ($0 a day). The two prices were read 85 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 | Bitget BLURUSDT | 0.02002 | 0.0100 | pay 0.0050% / 4h | 29m 57s | $827K | $438K | 50x |
| Short | BloFin BLUR-USDT | 0.01999 | 0.0116 | get 0.0058% / 4h | 29m 57s | $352K | $2K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $3.42
- Price spread: −0.150% → +0.012%
- −$16.18
- Slippage, 4 orders
- −$67.64
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$104.41
- Costs to cover
- 0.916%
- Break-even
- 220.9 days
Slippage from Bitget: live order book, 46 min ago; BloFin: live order book, 45 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, 46 min ago | 7.52 bp | 27.9 bp −$28 | 189.5 bp −$1,895 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 45 min ago | 2.51 bp | 17.9 bp −$18 | 65.9 bp −$659 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BLURUSD | −0.0628% | 1h | 0.02002 | 0.000% | $12K | $5K | 10x | as long as short |
| Injective BLUR/USDC PERP | +0.0033% | 1h | 0.01998 | −0.200% | $1K | $212 | 5.5x | as long as short |
| Hyperliquid BLUR | +0.0085% | 1h | 0.02001 | −0.070% | $1.4M | $426K | 3x | as long as short |
| Aster BLURUSDT | +0.0100% | 4h | 0.02000 | −0.102% | $4K | $3K | 5x | as long as short |
| Binance BLURUSDT | +0.0100% | 4h | 0.02002 | −0.024% | $2.0M | $3.4M | 50x | as long as short |
| Bybit BLURUSDT | +0.0100% | 8h | 0.02002 | −0.005% | $1.3M | $968K | 25x | as long as short |
| OKX BLUR-USDT-SWAP | +0.0100% | 4h | 0.02001 | −0.050% | $971K | $1.6M | 20x | as long as short |
| Gate BLUR_USDT | +0.0100% | 4h | 0.02002 | 0.000% | $797K | $251K | 50x | as long as short |
| MEXC BLUR_USDT | +0.0100% | 4h | 0.02001 | −0.050% | $1.1M | $117K | 20x | as long as short |
| KuCoin BLURUSDTM | +0.0100% | 4h | 0.02003 | +0.050% | $587K | $96K | 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 | 0.02002 | long leg | $827K | $438K | 50x | |
| BingX BLUR-USDT | +0.0100% | 4h | 0.02000 | −0.100% | — | $13.2M | — | as long as short |
| Variational Omni BLUR | +0.0100% | 8h | 0.01998 | −0.206% | $1K | $849 | — | as long as short |
| BloFin BLUR-USDTshort | +0.0116% | 4h | 0.01999 | −0.150% | $352K | $2K | 50x | |
| dYdX BLUR-USD | +0.2485% | 1h | 0.02002 | −0.015% | $26K | $328 | 5x | as long as short |
Bitget BLURUSDT
BloFin BLUR-USDT
Kraken Futures PF_BLURUSD
Injective BLUR/USDC PERP
Hyperliquid BLUR
Aster BLURUSDT
Binance BLURUSDT
Bybit BLURUSDT
OKX BLUR-USDT-SWAP
Gate BLUR_USDT
MEXC BLUR_USDT
KuCoin BLURUSDTM
BingX BLUR-USDT
Variational Omni BLUR