Funding you earn now, next payment 00:00 UTC−0.0374%/8h= −40.9% APRnext payment −$1.87 per $10,000 · paid last 24h −0.008%
Price spread now: BloFin against Bitget−0.039%65s7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$550.549% of the position
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 3 days (all we have)+0.003%$0 · spread now −0.039%, 7d avg −0.051%
=The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.87 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FFUSDT | 0.1274 | 0.0100 | pay 0.0050% / 4h | 12m 08s | $18.5M | $1.7M | 5x |
| Short | BloFin FF-USDT | 0.1274 | −0.0274 | pay 0.0137% / 4h | 12m 08s | $2.3M | $314K | 20x |
Bitget FFUSDT
BloFin FF-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
- −$78.48
- Price spread: −0.039% → −0.051%
- $1.16
- Slippage, 4 orders
- −$30.94
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$132.26
- Costs to cover
- 0.549%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 6 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 Bitget live order book, 2 min ago | 2.75 bp | 20.2 bp −$20 | 65.6 bp −$656 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.79 bp | 11.3 bp −$11 | 23.7 bp −$237 | doesn't fit | doesn't fit |
FF 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 FF-USDTshort | −0.0274% | 4h | 0.1274 | −0.039% | $2.3M | $314K | 20x | |
| Binance FFUSDT | −0.0239% | 4h | 0.1274 | −0.024% | $43.1M | $25.5M | 20x | as long as short |
| MEXC FF_USDT | −0.0238% | 4h | 0.1274 | −0.008% | $10.1M | $1.9M | 50x | as long as short |
| Bybit FFUSDT | −0.0097% | 4h | 0.1275 | +0.063% | $14.3M | $6.9M | 20x | as long as short |
| Aster FFUSDT | +0.0100% | 4h | 0.1276 | +0.098% | $1.2M | $23K | 5x | as long as short |
| Gate FF_USDT | +0.0100% | 4h | 0.1276 | +0.126% | $26.9M | $2.1M | 50x | as long as short |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1277 | +0.220% | $8.7M | $5.6M | 20x | as long as short |
| Bitget FFUSDTlong | +0.0100% | 4h | 0.1274 | long leg | $18.5M | $1.7M | 5x | |
| BingX FF-USDT | +0.0100% | 4h | 0.1274 | −0.008% | — | $6.8M | — | as long as short |
| SunX FF-USDT | +0.0100% | 4h | 0.1273 | −0.086% | $2K | $1.7M | 20x | as long as short |
Binance FFUSDT
MEXC FF_USDT
Bybit FFUSDT
Aster FFUSDT
Gate FF_USDT
KuCoin FFUSDTM
BingX FF-USDT
SunX FF-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FF | +0.0352% | 1h | 0.1278 | +0.322% | $135K | $42K | 3x | as long as short |
Lighter FF