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

ORDER

all ORDER markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.1% APRpaid last 24h −0.006%
Price spread now: BloFin against Bitget+0.150%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.150% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ORDERUSDT0.040040.0100pay 0.0050% / 4h2h 39m$477K$256K20x
ShortBloFin ORDER-USDT0.040100.0120get 0.0120% / 8h2h 39m$64K$7K16x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$4.11
Price spread: +0.150% → 0.000%
$14.99
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$4.91
Costs to cover
0.240%
Break-even
15.4 days
Slippage unknown: Bitget: live order book, 2 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago3.74 bp43.2 bp −$43203.1 bp −$2,031doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ORDER 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
Binance ORDERUSDT+0.0100%4h0.04011+0.167%$1.3M$1.9M50xas long as short
Bybit ORDERUSDT+0.0100%8h0.04003−0.025%$1.3M$752K20xas long as short
OKX ORDER-USDT-SWAP+0.0100%4h0.04003−0.025%$168K$284K20xas long as short
Gate ORDER_USDT+0.0100%4h0.04008+0.100%$76K$37K20xas long as short
MEXC ORDER_USDT+0.0100%4h0.04007+0.075%$270K$100K20xas long as short
KuCoin ORDERUSDTM+0.0100%4h0.04015+0.275%$222K$81K30xas long as short
Bitget ORDERUSDTlong+0.0100%4h0.04004long leg$477K$256K20x
BingX ORDER-USDT+0.0100%4h0.040040.000%$1.3Mas long as short
Variational Omni ORDER+0.0100%8h0.04012+0.196%$10K$2Kas long as short
BloFin ORDER-USDTshort+0.0120%8h0.04010+0.150%$64K$7K16x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ORDER_USDC+0.0496%4h0.04010+0.150%$187K$157K10xas long as short