Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Bitget−0.083%7-day average +0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$880.884% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.083%, 7d avg +0.144%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.227% cheaper against Bitget than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.144%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MASKUSDT | 0.4833 | 0.0100 | pay 0.0050% / 4h | 29m 15s | $517K | $331K | 50x |
| Short | BloFin MASK-USDT | 0.4829 | 0.0088 | get 0.0044% / 4h | 29m 15s | $128K | $15K | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.53
- Price spread: −0.083% → +0.144%
- −$22.67
- Slippage, 4 orders
- −$64.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$113.62
- Costs to cover
- 0.884%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 7 min ago; BloFin: live order book, 62 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, 7 min ago | 7.30 bp | 25.3 bp −$25 | 121.7 bp −$1,217 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 62 min ago | 3.11 bp | 18.2 bp −$18 | 65.7 bp −$657 | doesn't fit | doesn't fit |
MASK on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MASK-USDTshort | +0.0088% | 4h | 0.4829 | −0.083% | $128K | $15K | 50x | |
| Binance MASKUSDT | +0.0100% | 4h | 0.4829 | −0.083% | $2.6M | $4.7M | 50x | as long as short |
| Bybit MASKUSDT | +0.0100% | 4h | 0.4833 | 0.000% | $1.3M | $905K | 50x | as long as short |
| OKX MASK-USDT-SWAP | +0.0100% | 8h | 0.4825 | −0.166% | $508K | $1.0M | 20x | as long as short |
| Gate MASK_USDT | +0.0100% | 8h | 0.4825 | −0.166% | $278K | $234K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4830 | −0.062% | $1.0M | $232K | 50x | as long as short |
| KuCoin MASKUSDTM | +0.0100% | 4h | 0.4841 | +0.166% | $596K | $166K | 50x | as long as short |
| Bitget MASKUSDTlong | +0.0100% | 4h | 0.4833 | long leg | $517K | $331K | 50x | |
| BingX MASK-USDT | +0.0100% | 4h | 0.4831 | −0.041% | — | $2.3M | — | as long as short |
| Variational Omni MASK | +0.0100% | 4h | 0.4830 | −0.059% | $23K | $31 | — | as long as short |
Bitget MASKUSDT
BloFin MASK-USDT
Binance MASKUSDT
Bybit MASKUSDT
OKX MASK-USDT-SWAP
Gate MASK_USDT
MEXC MASK_USDT
KuCoin MASKUSDTM
BingX MASK-USDT
Variational Omni MASK