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

CAP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.003%
Price spread now: Bitget against BloFin+0.151%65s7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$790.788% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.154%+$15 on $10k
Price spread, last 4 days (all we have)−0.295%−$30 · spread now +0.151%, 7d avg −0.030%
Together, before fees−0.141%−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.180% dearer against BloFin than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.030%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CAP-USDT0.046460.0096pay 0.0048% / 4h2h 44m$363K$60K10x
ShortBitget CAPUSDT0.046530.0100get 0.0050% / 4h2h 44m$1.0M$601K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.85
Price spread: +0.151% → −0.030%
$18.05
Slippage, 4 orders
−$54.83
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$59.93
Costs to cover
0.788%
Break-even
499.6 days
Slippage from BloFin: live order book, 46 min ago; Bitget: live order book, 2 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 BloFin live order book, 46 min ago2.15 bp18.7 bp −$1961.2 bp −$612doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago4.31 bp25.5 bp −$2677.6 bp −$776doesn't fitdoesn't fit

CAP on 14 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
gTrade (Gains Network) CAP/USDL 0.0000% / S 0.0000%1h0.04652+0.133%150xas long as short
BingX CAP-USDT+0.0070%4h0.04658+0.258%$1.6Mas long as short
BloFin CAP-USDTlong+0.0096%4h0.04646long leg$363K$60K10x
Lighter CAP+0.0096%1h0.04655+0.194%$19K$2K3xas long as short
Aster CAPUSDT+0.0100%4h0.04654+0.173%$25K$58K5xas long as short
Binance CAPUSDT+0.0100%4h0.04658+0.258%$8.8M$8.1M10xas long as short
Bybit CAPUSDT+0.0100%4h0.04658+0.258%$4.5M$3.8M10xas long as short
Gate CAP_USDT+0.0100%4h0.04658+0.258%$322K$1.1M20xas long as short
MEXC CAP_USDT+0.0100%4h0.04658+0.258%$550K$217K20xas long as short
KuCoin CAPUSDTM+0.0100%4h0.04655+0.194%$4.3M$1.3M10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CAPUSDTshort+0.0100%4h0.04653+0.151%$1.0M$601K10x
Variational Omni CAP+0.0100%4h0.04641−0.104%$8K$8Kas long as short
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04657+0.228%$4K$2K10xas long as short
OKX CAP-USDT-SWAP+0.0202%4h0.04662+0.344%$1.9M$7.2M10xas long as short