Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against BloFin+0.103%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$820.820% of the position
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 3 days (all we have)−0.237%−$24 · spread now +0.103%, 7d avg +0.022%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.081% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ESP-USDT | 0.09408 | 0.0046 | pay 0.0023% / 4h | 11m 14s | $121K | $35K | 25x |
| Short | Bitget ESPUSDT | 0.09418 | 0.0100 | get 0.0050% / 4h | 11m 14s | $950K | $132K | 20x |
BloFin ESP-USDT
Bitget ESPUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $11.26
- Price spread: +0.103% → +0.022%
- $8.09
- Slippage, 4 orders
- −$57.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$62.63
- Costs to cover
- 0.820%
- Break-even
- 45.9 days
Slippage from BloFin: live order book, 49 min ago; Bitget: live order book, 65 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 BloFin live order book, 49 min ago | 5.85 bp | 12.4 bp −$12 | 38.2 bp −$382 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 65 min ago | 10.19 bp | 31.2 bp −$31 | 93.9 bp −$939 | doesn't fit | doesn't fit |
ESP on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ESP-USDTlong | +0.0046% | 4h | 0.09408 | long leg | $121K | $35K | 25x | |
| Aster ESPUSDT | +0.0100% | 4h | 0.09417 | +0.093% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDT | +0.0100% | 4h | 0.09412 | +0.043% | $2.4M | $4.2M | 25x | as long as short |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09419 | +0.117% | $597K | $1.3M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09414 | +0.064% | $170K | $618K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09409 | +0.011% | $1.2M | $106K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09426 | +0.191% | $1.5M | $52K | 25x | as long as short |
| Bitget ESPUSDTshort | +0.0100% | 4h | 0.09418 | +0.103% | $950K | $132K | 20x | |
| edgeX ESPUSDC | +0.0109% | 4h | 0.09412 | +0.047% | $29K | $269K | 10x | as long as short |
| BingX ESP-USDT | +0.2244% | 4h | 0.09412 | +0.043% | — | $1.7M | — | as long as short |
Aster ESPUSDT
Binance ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
edgeX ESPUSDC
BingX ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.2274% | 4h | 0.09398 | −0.106% | $1.1M | $597K | 50x | as long as short |
Bybit ESPUSDT