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

FIGHT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0641%/8h= −70.2% APRnext payment $3.21 per $10,000 · paid last 24h +0.124%
Price spread now: BloFin against Bitget+0.166%105s7-day average +0.239% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1711.715% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.467%−$47 on $10k
Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.166%, 7d avg +0.239%
Together, before fees−0.528%−$53 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and BloFin is 0.073% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.239%). Swap the legs. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget FIGHTUSDT0.0036120.1984pay 0.0992% / 4h27m 23s$1.1M$128K5x
ShortBloFin FIGHT-USDT0.0036180.1343get 0.0671% / 4h27m 23s$312K$7K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$134.7
Price spread: +0.166% → +0.239%
−$7.31
Slippage, 4 orders
−$147.46
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$313.48
Costs to cover
1.715%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago11.07 bp35.7 bp −$36599.8 bp −$5,998doesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago2.78 bp31.9 bp −$32158.5 bp −$1,585doesn't fitdoesn't fit

FIGHT 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
Bybit FIGHTUSDT+0.0100%4h0.003625+0.360%$1.6M$207K20xas long as short
KuCoin FIGHTUSDTM+0.0206%4h0.0036120.000%$455K$26K20xas long as short
Aster FIGHTUSDT+0.1226%4h0.003615+0.075%$13K$6K5xas long as short
Gate FIGHT_USDT+0.1320%4h0.003617+0.138%$227K$60K20xas long as short
BloFin FIGHT-USDTshort+0.1343%4h0.003618+0.166%$312K$7K20x
Binance FIGHTUSDT+0.1353%4h0.003624+0.332%$3.3M$1.3M20xas long as short
MEXC FIGHT_USDT+0.1356%4h0.003622+0.277%$217K$125K20xas long as short
Bitget FIGHTUSDTlong+0.1984%4h0.003612long leg$1.1M$128K5x