Funding you earn now, next payment 08:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.75 per $10,000 · paid last 24h +0.020%
Price spread now: BloFin against Bitget−0.318%45s7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as 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−$440.436% of the position
Funding, last 7 days+0.145%+$15 on $10k
+Price spread, last 4 days (all we have)+0.482%+$48 · spread now −0.318%, 7d avg +0.038%
=Funding pays, the price is against you. BloFin is 0.356% cheaper against Bitget than usual: you would sell low and buy high (spread −0.318% now, against its 7-day average of +0.038%). If the spread goes back, that is −$36 on $10k: about 16 days of funding at the current rate (+$2 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget FILUSDT | 1.0060 | 0.0100 | pay 0.0100% / 8h | 5h 42m | $11.0M | $20.0M | 75x |
| Short | BloFin FIL-USDT | 1.0028 | 0.0175 | get 0.0175% / 8h | 5h 42m | $2.8M | $638K | 75x |
Bitget FILUSDT
BloFin FIL-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
- $15.65
- Price spread: −0.318% → +0.038%
- −$35.58
- Slippage, 4 orders
- −$19.63
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$63.56
- Costs to cover
- 0.436%
- Break-even
- 35.4 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 71 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, 1 min ago | 1.00 bp | 10.6 bp −$11 | 22.0 bp −$220 | 59.1 bp −$5,910 | doesn't fit |
| Sell BloFin live order book, 71 min ago | 0.50 bp | 12.8 bp −$13 | 20.9 bp −$209 | 57.3 bp −$5,728 | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0256% | 1h | 1.0035 | −0.249% | $380K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0127% | 1h | 1.0055 | −0.055% | $1.4M | $2.3M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0062% | 8h | 1.0061 | +0.010% | $19.0M | $100.3M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0036% | 8h | 1.0071 | +0.109% | $7.5M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0003% / S +0.0006% | 1h | 1.0076 | +0.159% | $27K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0071 | +0.105% | $59K | $2K | 10x | as long as short |
| Deribit FIL_USDC-PERPETUAL | 0.0000% | 1h | 1.0056 | −0.040% | $173K | $23K | 25x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −2.038% | $2K | $240K | 12x | as long as short |
| Binance FILUSDT | +0.0055% | 8h | 1.0067 | +0.070% | $58.2M | $177.5M | 75x | as long as short |
| Extended FIL-USD | +0.0056% | 1h | 1.0068 | +0.082% | $708K | $3.3M | 10x | as long as short |
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Deribit FIL_USDC-PERPETUAL
Injective FIL/USDC PERP
Binance FILUSDT
Extended FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0083% | 8h | 1.0062 | +0.020% | $244K | $103K | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0067 | +0.070% | $160K | $352K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0060 | 0.000% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0074 | +0.140% | $513K | $576K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0062 | +0.020% | $15.7M | $19.3M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 1.0070 | +0.099% | $8.6M | $16.4M | 50x | as long as short |
| Bitget FILUSDTlong | +0.0100% | 8h | 1.0060 | long leg | $11.0M | $20.0M | 75x | |
| BingX FIL-USDT | +0.0100% | 8h | 1.0069 | +0.089% | — | $11.9M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 1.0000 | −0.599% | $449K | $266K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 1.0021 | −0.386% | $46K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9979 | −0.806% | $299K | $869K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 1.0040 | −0.199% | $30K | $186K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0055 | −0.054% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0040 | −0.199% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0048 | −0.119% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0049 | −0.109% | $640K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0030 | −0.298% | $1.1M | $2.5M | 50x | as long as short |
| BloFin FIL-USDTshort | +0.0175% | 8h | 1.0028 | −0.318% | $2.8M | $638K | 75x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0575% / S −0.0237% | 1h | 1.0043 | −0.169% | $268K | — | 100x | as long as short |
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
GMX FIL/USD [WBTC.b-USDC]