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

CC

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Bitget−0.034%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$930.928% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.321%+$32 on $10k
Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.034%, 7d avg −0.058%
Together, before fees+0.474%+$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.024% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CCUSDT0.11700.0100pay 0.0050% / 4h4m 50s$915K$783K20x
ShortBloFin CC-USDT0.11690.0340get 0.0170% / 4h4m 50s$594K$98K75x

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

Profit calculator

Funding earned
$50.4
Price spread: −0.034% → −0.058%
$2.42
Slippage, 4 orders
−$68.81
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$39.99
Costs to cover
0.928%
Break-even
12.6 days
Slippage from Bitget: live order book, 51 min ago; BloFin: live order book, 32 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 Bitget live order book, 51 min ago2.14 bp26.0 bp −$2689.2 bp −$892doesn't fitdoesn't fit
Sell BloFin live order book, 32 min ago2.14 bp21.9 bp −$2258.5 bp −$585doesn't fitdoesn't fit

CC on 19 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
Injective CC/USDC PERP−0.3024%1h0.1180+0.889%$402$3K5.5xas long as short
Bybit CCUSDT−0.0204%4h0.1168−0.103%$10.7M$3.8M25xas long as short
MEXC CC_USDT−0.0200%4h0.1168−0.128%$1.7M$333K100xas long as short
Paradex CC-USD-PERP+0.0098%8h0.1168−0.102%$1K5xas long as short
Hyperliquid CC+0.0100%1h0.1171+0.085%$5.5M$1.3M3xas long as short
Aster CCUSDT+0.0100%4h0.1169−0.052%$34K$32K20xas long as short
Binance CCUSDT+0.0100%4h0.1168−0.103%$11.0M$12.1M75xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1169−0.017%$2.5M$3.2M20xas long as short
Gate CC_USDT+0.0100%4h0.1170+0.009%$362K$217K50xas long as short
KuCoin CCUSDTM+0.0100%4h0.1170+0.026%$482K$122K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CCUSDTlong+0.0100%4h0.1170long leg$915K$783K20x
BingX CC-USDT+0.0100%4h0.1169−0.077%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1168−0.094%$15K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1168−0.120%$596K$56Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1170+0.050%$84K$2.5M10xas long as short
Derive CC-PERP+0.0100%1h0.1167−0.183%$6K$35K6.7xas long as short
BloFin CC-USDTshort+0.0340%4h0.1169−0.034%$594K$98K75x
GMX CC/USD [WBTC.b-USDC]L +0.0448% / S −0.0241%1h0.1169−0.032%$44K50xas long as short
Lighter CC+0.0680%1h0.1174+0.410%$243K$160K5xas long as short