Funding you earn now, next payment 04:00 UTC+0.0142%/8h= +15.5% APRnext payment +$0.71 per $10,000 · paid last 24h +0.024%
Price spread now: BloFin against Bitget−0.154%55s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as 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−$950.945% of the position
Funding, last 7 days−0.168%−$17 on $10k
+Price spread, last 3 days (all we have)+0.277%+$28 · spread now −0.154%, 7d avg +0.017%
=Funding pays, the price is against you. BloFin is 0.171% cheaper against Bitget than usual: you would sell low and buy high (spread −0.154% now, against its 7-day average of +0.017%). If the spread goes back, that is −$17 on $10k: about 4.0 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.168%, so the current rate has only just turned in your favour. The two prices were read 55 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 CAPUSDT | 0.04534 | −0.0082 | get 0.0041% / 4h | 3h 44m | $1.0M | $559K | 10x |
| Short | BloFin CAP-USDT | 0.04527 | 0.0060 | get 0.0030% / 4h | 3h 44m | $374K | $58K | 10x |
Bitget CAPUSDT
BloFin CAP-USDTFunding 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
- $29.76
- Price spread: −0.154% → +0.017%
- −$17.09
- Slippage, 4 orders
- −$70.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$81.84
- Costs to cover
- 0.945%
- Break-even
- 26.3 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 26 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 | 5.52 bp | 22.4 bp −$22 | 107.4 bp −$1,074 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 26 min ago | 1.09 bp | 25.5 bp −$26 | 60.1 bp −$601 | doesn't fit | doesn't fit |
CAP on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CAPUSDT | −0.0894% | 4h | 0.04540 | +0.132% | $4.4M | $4.1M | 10x | as long as short |
| KuCoin CAPUSDTM | −0.0852% | 4h | 0.04526 | −0.176% | $4.3M | $1.4M | 10x | as long as short |
| OKX CAP-USDT-SWAP | −0.0608% | 4h | 0.04537 | +0.066% | $2.2M | $7.0M | 10x | as long as short |
| Variational Omni CAP | −0.0208% | 4h | 0.04531 | −0.071% | $8K | $8K | — | as long as short |
| Bitget CAPUSDTlong | −0.0082% | 4h | 0.04534 | long leg | $1.0M | $559K | 10x | |
| gTrade (Gains Network) CAP/USD | L 0.0000% / S 0.0000% | 1h | 0.04540 | +0.129% | $492 | — | 150x | as long as short |
| BloFin CAP-USDTshort | +0.0060% | 4h | 0.04527 | −0.154% | $374K | $58K | 10x | |
| Binance CAPUSDT | +0.0089% | 4h | 0.04538 | +0.080% | $8.9M | $8.8M | 10x | as long as short |
| MEXC CAP_USDT | +0.0094% | 4h | 0.04533 | −0.022% | $520K | $228K | 20x | as long as short |
| Lighter CAP | +0.0096% | 1h | 0.04533 | −0.018% | $19K | $2K | 3x | as long as short |
Bybit CAPUSDT
KuCoin CAPUSDTM
OKX CAP-USDT-SWAP
Variational Omni CAP
gTrade (Gains Network) CAP/USD
Binance CAPUSDT
MEXC CAP_USDT
Lighter CAPShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CAP-USDT | +0.0096% | 4h | 0.04537 | +0.066% | — | $1.6M | — | as long as short |
| Aster CAPUSDT | +0.0100% | 4h | 0.04532 | −0.053% | $27K | $71K | 5x | as long as short |
| Gate CAP_USDT | +0.0100% | 4h | 0.04534 | 0.000% | $331K | $1.1M | 20x | as long as short |
| Orderly PERP_CAP_USDC_mythos | +0.0100% | 4h | 0.04532 | −0.040% | $5K | $582 | 10x | as long as short |
BingX CAP-USDT
Aster CAPUSDT
Gate CAP_USDT
Orderly PERP_CAP_USDC_mythos