Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Bitget−0.059%65s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.059% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 65 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 CPUSDT | 0.01361 | 0.0100 | pay 0.0050% / 4h | 32m 17s | $782K | $1.5M | 20x |
| Short | BloFin CP-USDT | 0.01360 | 0.0080 | get 0.0040% / 4h | 32m 17s | $413 | $37K | 20x |
Bitget CPUSDT
BloFin CP-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
- −$4.14
- Price spread: −0.059% → 0.000%
- −$5.88
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$34.02
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 4 min ago; BloFin: no order-book sample. Net counts fees only.
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, 4 min ago | 8.09 bp | 26.0 bp −$26 | 109.2 bp −$1,092 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01361 | +0.015% | — | $1.0M | — | as long as short |
| BloFin CP-USDTshort | +0.0080% | 4h | 0.01360 | −0.059% | $413 | $37K | 20x | |
| Bybit CPUSDT | +0.0100% | 4h | 0.01360 | −0.059% | $1.5M | $2.3M | 20x | as long as short |
| OKX CP-USDT-SWAP | +0.0100% | 4h | 0.01361 | +0.015% | $3.8M | $10.6M | 20x | as long as short |
| Gate CP_USDT | +0.0100% | 4h | 0.01360 | −0.059% | $565K | $509K | 20x | as long as short |
| MEXC CP_USDT | +0.0100% | 4h | 0.01360 | −0.059% | $1.5M | $363K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01362 | +0.088% | $191K | $931K | 20x | as long as short |
| Bitget CPUSDTlong | +0.0100% | 4h | 0.01361 | long leg | $782K | $1.5M | 20x |
BingX CP-USDT
Bybit CPUSDT
OKX CP-USDT-SWAP
Gate CP_USDT
MEXC CP_USDT
KuCoin CPUSDTM