Funding you earn now, next payment 04:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.15 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against BloFin+0.104%95s7-day average −0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as 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−$910.914% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.104%, 7d avg −0.156%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.260% dearer against BloFin than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.156%. The two prices were read 95 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 | BloFin MASK-USDT | 0.4803 | 0.0069 | pay 0.0035% / 4h | 1h 43m | — | $15K | 50x |
| Short | Bitget MASKUSDT | 0.4808 | 0.0100 | get 0.0050% / 4h | 1h 43m | $509K | $333K | 50x |
BloFin MASK-USDT
Bitget MASKUSDTFunding 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
- $6.5
- Price spread: +0.104% → −0.156%
- $26.05
- Slippage, 4 orders
- −$67.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$58.8
- Costs to cover
- 0.914%
- Break-even
- 70.3 days
Slippage from BloFin: live order book, 67 min ago; Bitget: 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 BloFin live order book, 67 min ago | 3.12 bp | 13.3 bp −$13 | 48.0 bp −$480 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 62 min ago | 3.12 bp | 21.2 bp −$21 | 157.4 bp −$1,574 | 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-USDTlong | +0.0069% | 4h | 0.4803 | long leg | — | $15K | 50x | |
| Binance MASKUSDT | +0.0100% | 4h | 0.4807 | +0.088% | $2.5M | $5.0M | 50x | as long as short |
| Bybit MASKUSDT | +0.0100% | 4h | 0.4803 | 0.000% | $1.3M | $949K | 50x | as long as short |
| OKX MASK-USDT-SWAP | +0.0100% | 8h | 0.4805 | +0.042% | $499K | $1.1M | 20x | as long as short |
| Gate MASK_USDT | +0.0100% | 8h | 0.4806 | +0.062% | $277K | $236K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4800 | −0.062% | $1.1M | $232K | 50x | as long as short |
| KuCoin MASKUSDTM | +0.0100% | 4h | 0.4812 | +0.187% | $593K | $167K | 50x | as long as short |
| Bitget MASKUSDTshort | +0.0100% | 4h | 0.4808 | +0.104% | $509K | $333K | 50x | |
| BingX MASK-USDT | +0.0100% | 4h | 0.4801 | −0.042% | — | $2.3M | — | as long as short |
| Variational Omni MASK | +0.0100% | 4h | 0.4796 | −0.142% | $22K | $21 | — | as long as short |
Binance MASKUSDT
Bybit MASKUSDT
OKX MASK-USDT-SWAP
Gate MASK_USDT
MEXC MASK_USDT
KuCoin MASKUSDTM
BingX MASK-USDT
Variational Omni MASK