Funding you earn now, next payment 00:00 UTC+0.0051%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against BloFin+0.281%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$1011.011% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 3 days (all we have)−0.363%−$36 · spread now +0.281%, 7d avg +0.110%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.171% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EUL-USDT | 1.4240 | 0.0049 | pay 0.0025% / 4h | 1h 55m | $304K | $7K | 25x |
| Short | Bitget EULUSDT | 1.4280 | 0.0100 | get 0.0050% / 4h | 1h 55m | $2.2M | $262K | 25x |
BloFin EUL-USDT
Bitget EULUSDTFunding 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
- $10.63
- Price spread: +0.281% → +0.110%
- $17.08
- Slippage, 4 orders
- −$77.09
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$73.38
- Costs to cover
- 1.011%
- Break-even
- 55.3 days
Slippage from BloFin: live order book, 22 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 22 min ago | 0.71 bp | 24.0 bp −$24 | 61.3 bp −$613 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 3.51 bp | 36.7 bp −$37 | 127.3 bp −$1,273 | doesn't fit | doesn't fit |
EUL on 12 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 EUL-USDTlong | +0.0049% | 4h | 1.4240 | long leg | $304K | $7K | 25x | |
| Aster EULUSDT | +0.0100% | 4h | 1.4239 | −0.009% | $36K | $9K | 5x | as long as short |
| Binance EULUSDT | +0.0100% | 4h | 1.4240 | 0.000% | $3.2M | $4.6M | 25x | as long as short |
| Bybit EULUSDT | +0.0100% | 4h | 1.4246 | +0.042% | $1.6M | $1.4M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.4216 | −0.169% | $310K | $698K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.4241 | +0.007% | $507K | $127K | 20x | as long as short |
| Bitget EULUSDTshort | +0.0100% | 4h | 1.4280 | +0.281% | $2.2M | $262K | 25x | |
| BingX EUL-USDT | +0.0100% | 4h | 1.4248 | +0.056% | — | $6.5M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.4234 | −0.040% | $12K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0114% | 4h | 1.4162 | −0.547% | $24K | $262K | 10x | as long as short |
Aster EULUSDT
Binance EULUSDT
Bybit EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
BingX EUL-USDT
Variational Omni EUL
edgeX EULUSDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EUL-USDT | +0.0478% | 4h | 1.4233 | −0.049% | $130K | $43K | 10x | as long as short |
| KuCoin EULUSDTM | +0.0658% | 4h | 1.4218 | −0.154% | $310K | $59K | 25x | as long as short |
HTX EUL-USDT
KuCoin EULUSDTM