Funding you earn now, next payment 00:00 UTC−0.1392%/8h= −152.5% APRnext payment −$1.74 per $10,000 · paid last 24h −0.179%
Price spread now: Bitget against BloFin+0.857%75s7-day average +0.396% · you sell dearer than you buy
Net, funding: paid 7d − costs+$137as 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−$1111.114% of the position
Funding, last 7 days+2.479%+$248 on $10k
+Price spread, last 3 days (all we have)−0.315%−$32 · spread now +0.857%, 7d avg +0.396%
=The price spread pays, funding is against you. Bitget is 0.461% dearer against BloFin than usual: you sell high and buy low (spread +0.857% now, against its 7-day average of +0.396%): +$46 on $10k if it goes back. Holding the pair costs −$42 a day in funding at the current rate, which eats that in about 26 hours. Mind the row above: over the last 7 days funding on this pair paid +2.479%, so the current rate has only just turned against you. The two prices were read 75 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 ONE-USDT | 0.004074 | −0.1912 | get 0.0239% / 1h | 34m 05s | $767K | $3.1M | 50x |
| Short | Bitget ONEUSDT | 0.004109 | −0.3304 | pay 0.0413% / 1h | 34m 05s | $1.7M | $37.7M | 20x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$292.4
- Price spread: +0.857% → +0.396%
- $46.07
- Slippage, 4 orders
- −$87.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$357.69
- Costs to cover
- 1.114%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Bitget: live order book, 5 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, 4 min ago | 1.71 bp | 18.8 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.24 bp | 40.5 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
ONE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ONE | −0.5416% | 1h | 0.004085 | +0.274% | $100K | $53K | — | as long as short |
| Bitget ONEUSDTshort | −0.3304% | 1h | 0.004109 | +0.857% | $1.7M | $37.7M | 20x | |
| BloFin ONE-USDTlong | −0.1912% | 1h | 0.004074 | long leg | $767K | $3.1M | 50x | |
| Aster ONEUSDT | −0.1249% | 1h | 0.004074 | −0.003% | $2.1M | $8.5M | 5x | as long as short |
| Binance ONEUSDT | −0.0896% | 1h | 0.004084 | +0.257% | $13.7M | $363.6M | 50x | as long as short |
| MEXC ONE_USDT | −0.0888% | 1h | 0.004083 | +0.221% | $10.3M | $16.8M | 20x | as long as short |
| Gate ONE_USDT | −0.0822% | 8h | 0.004066 | −0.194% | $1.6M | $16.6M | 20x | as long as short |
| BingX ONE-USDT | −0.0088% | 1h | 0.004089 | +0.358% | — | $6.6M | — | as long as short |
| KuCoin ONEUSDTM | +0.2576% | 1h | 0.004270 | +4.814% | $4.5M | $13.1M | 30x | as long as short |
BloFin ONE-USDT
Bitget ONEUSDT
Variational Omni ONE
Aster ONEUSDT
Binance ONEUSDT
MEXC ONE_USDT
Gate ONE_USDT
BingX ONE-USDT
KuCoin ONEUSDTM