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

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0019%/8h= −2.1% APRnext payment $0.09 per $10,000 · paid last 24h +0.007%
Price spread now: Bitget against BloFin−0.121%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.121% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CP-USDT0.014030.0119pay 0.0059% / 4h1h 43m$425$40K20x
ShortBitget CPUSDT0.014010.0100get 0.0050% / 4h1h 43m$801K$1.5M20x

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
−$3.94
Price spread: −0.121% → 0.000%
−$12.12
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$40.06
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Bitget: live order book, 3 min ago. Net counts fees only.

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 no order-book sample
Sell Bitget live order book, 3 min ago9.97 bp28.3 bp −$28127.7 bp −$1,277doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CP-USDT+0.0070%4h0.01400−0.214%$1.0Mas long as short
Bybit CPUSDT+0.0100%4h0.01402−0.071%$1.4M$2.5M20xas long as short
OKX CP-USDT-SWAP+0.0100%4h0.01400−0.214%$3.9M$11.1M20xas long as short
Gate CP_USDT+0.0100%4h0.01402−0.071%$590K$520K20xas long as short
MEXC CP_USDT+0.0100%4h0.01400−0.214%$1.5M$358K20xas long as short
KuCoin CPUSDTM+0.0100%4h0.01402−0.071%$202K$894K20xas long as short
Bitget CPUSDTshort+0.0100%4h0.01401−0.121%$801K$1.5M20x
BloFin CP-USDTlong+0.0119%4h0.01403long leg$425$40K20x