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

ID

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.038%
Price spread now: Bitget against BloFin+0.080%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$810.813% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$10 on $10k
Price spread, last 3 days (all we have)−0.109%−$11 · spread now +0.080%, 7d avg +0.101%
Together, before fees−0.014%−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.021% cheaper against BloFin than usual: you would sell low and buy high (spread +0.080% now, against its 7-day average of +0.101%). If the spread goes back, that is −$2 on $10k: about 2.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ID-USDT0.037280.0074pay 0.0037% / 4h2h 58m$162K$11K50x
ShortBitget IDUSDT0.037310.0100get 0.0050% / 4h2h 58m$767K$559K50x

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

Funding earned
$5.47
Price spread: +0.080% → +0.101%
−$2.07
Slippage, 4 orders
−$57.26
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$77.87
Costs to cover
0.813%
Break-even
106.6 days
Slippage from BloFin: live order book, 22 min ago; Bitget: live order book, 26 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 BloFin live order book, 22 min ago2.68 bp13.0 bp −$1337.4 bp −$374doesn't fitdoesn't fit
Sell Bitget live order book, 26 min ago5.36 bp19.7 bp −$20168.2 bp −$1,682doesn't fitdoesn't fit

ID on 11 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
BloFin ID-USDTlong+0.0074%4h0.03728long leg$162K$11K50x
Aster IDUSDT+0.0100%4h0.03724−0.098%$9K$2K5xas long as short
Binance IDUSDT+0.0100%4h0.03726−0.046%$2.4M$3.4M50xas long as short
Bybit IDUSDT+0.0100%8h0.03725−0.080%$1.3M$1.0M25xas long as short
MEXC ID_USDT+0.0100%4h0.03726−0.054%$339K$134K20xas long as short
Bitget IDUSDTshort+0.0100%4h0.03731+0.080%$767K$559K50x
BingX ID-USDT+0.0100%4h0.03726−0.054%$2.3Mas long as short
Variational Omni ID+0.0100%8h0.03732+0.109%$12K$20Kas long as short
KuCoin IDUSDTM+0.0266%4h0.037280.000%$1.0M$61K30xas long as short
Kraken Futures PF_IDUSD+0.0443%1h0.03729+0.037%$4K$2K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ID_USDT+0.0516%4h0.03730+0.054%$269K$204K25xas long as short