FF

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0288%/8h= +31.5% APRnext payment +$1.44 per $10,000 · paid last 24h +0.008%

Price spread now: Bitget against BloFin+0.189%55s7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as 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−$560.561% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.079%+$8 on $10k

Price spread, last 3 days (all we have)−0.130%−$13 · spread now +0.189%, 7d avg +0.051%

Together, before fees−0.051%−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bitget is 0.137% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.051%. The two prices were read 55 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 +$1.44 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	BloFin FF-USDT	0.1272	−0.0188	get 0.0094% / 4h	1h 44m	$2.3M	$442K	20x
Short	Bitget FFUSDT	0.1275	0.0100	get 0.0050% / 4h	1h 44m	$18.5M	$4.8M	5x

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

Position, each leg$Hold fordaysFee BloFinbpFee BitgetbpOrdersPrice spread, now +0.189%Rate

Funding earned: $60.44
Price spread: +0.189% → +0.051%: $13.73
Slippage, 4 orders: −$32.08
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: $18.09
Costs to cover: 0.561%
Break-even: 4.9 days

Slippage from BloFin: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago	0.79 bp	11.3 bp −$11	34.3 bp −$343	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	3.14 bp	14.5 bp −$14	51.8 bp −$518	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
Binance FFUSDT	−0.0200%	4h	0.1273	+0.078%	$43.0M	$51.3M	20x	as long as short
MEXC FF_USDT	−0.0198%	4h	0.1274	+0.094%	$10.0M	$3.6M	50x	as long as short
BloFin FF-USDTlong	−0.0188%	4h	0.1272	long leg	$2.3M	$442K	20x
Bybit FFUSDT	+0.0040%	4h	0.1273	+0.063%	$14.3M	$13.0M	20x	as long as short
Lighter FF	+0.0096%	1h	0.1277	+0.369%	$135K	$65K	3x	as long as short
Aster FFUSDT	+0.0100%	4h	0.1274	+0.141%	$1.2M	$33K	5x	as long as short
Gate FF_USDT	+0.0100%	4h	0.1275	+0.220%	$26.9M	$3.5M	50x	as long as short
KuCoin FFUSDTM	+0.0100%	4h	0.1276	+0.275%	$8.6M	$6.7M	20x	as long as short
Bitget FFUSDTshort	+0.0100%	4h	0.1275	+0.189%	$18.5M	$4.8M	5x
BingX FF-USDT	+0.0100%	4h	0.1274	+0.094%	—	$7.1M	—	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX FF-USDT	+0.0100%	4h	0.1273	+0.016%	$2K	$2.8M	20x	as long as short