Funding you earn now, next payment 04:00 UTC−0.0093%/8h= −10.2% APRnext payment −$0.47 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against BloFin−0.073%7-day average −0.217% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1451.449% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)−1.862%−$186 · spread now −0.073%, 7d avg −0.217%
=The price spread pays, funding is against you. Bitget is 0.145% dearer against BloFin than usual: you sell high and buy low (spread −0.073% now, against its 7-day average of −0.217%): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.2 days. At the pace of the last 7 days (−0.006% in total) that is about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GENIUS-USDT | 0.3446 | 0.0193 | pay 0.0097% / 4h | 1h 42m | $497K | $25K | 50x |
| Short | Bitget GENIUSUSDT | 0.3443 | 0.0100 | get 0.0050% / 4h | 1h 42m | $735K | $1.3M | 20x |
BloFin GENIUS-USDT
Bitget GENIUSUSDTFunding 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
- −$19.58
- Price spread: −0.073% → −0.217%
- $14.47
- Slippage, 4 orders
- −$120.87
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$149.98
- Costs to cover
- 1.449%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 83 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, 83 min ago | 1.35 bp | 29.8 bp −$30 | 87.7 bp −$877 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 6.47 bp | 42.5 bp −$42 | 179.7 bp −$1,797 | doesn't fit | doesn't fit |
GENIUS 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GENIUSUSDT | +0.0100% | 4h | 0.3446 | 0.000% | $1.3M | $2.5M | 25x | as long as short |
| Gate GENIUS_USDT | +0.0100% | 4h | 0.3443 | −0.087% | $235K | $388K | 20x | as long as short |
| KuCoin GENIUSUSDTM | +0.0100% | 4h | 0.3440 | −0.163% | $527K | $1.9M | 20x | as long as short |
| Bitget GENIUSUSDTshort | +0.0100% | 4h | 0.3443 | −0.073% | $735K | $1.3M | 20x | |
| Variational Omni GENIUS | +0.0100% | 4h | 0.3405 | −1.193% | $89K | $103K | — | as long as short |
| SunX GENIUS-USDT | +0.0100% | 4h | 0.3441 | −0.145% | $1K | $690K | 20x | as long as short |
| BloFin GENIUS-USDTlong | +0.0193% | 4h | 0.3446 | long leg | $497K | $25K | 50x | |
| MEXC GENIUS_USDT | +0.0196% | 4h | 0.3449 | +0.087% | $453K | $330K | 20x | as long as short |
| Extended GENIUS-USD | +0.0200% | 1h | 0.3445 | −0.024% | $2K | $176K | 5x | as long as short |
| Binance GENIUSUSDT | +0.0201% | 4h | 0.3449 | +0.088% | $8.8M | $18.9M | 50x | as long as short |
Bybit GENIUSUSDT
Gate GENIUS_USDT
KuCoin GENIUSUSDTM
Variational Omni GENIUS
SunX GENIUS-USDT
MEXC GENIUS_USDT
Extended GENIUS-USD
Binance GENIUSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GENIUS-USDT | +0.0206% | 4h | 0.3450 | +0.116% | — | $1.7M | — | as long as short |
| Aster GENIUSUSDT | +0.0592% | 4h | 0.3440 | −0.174% | $251K | $515K | 20x | as long as short |
BingX GENIUS-USDT
Aster GENIUSUSDT