Funding you earn now, next payment 08:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.28 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Bitget−0.025%75s7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$218as 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−$1771.772% of the position
Funding, last 7 days−0.409%−$41 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now −0.025%, 7d avg +0.050%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.075% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.050%). Swap the legs. 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 | Bitget POWERUSDT | 0.1187 | 0.0100 | pay 0.0050% / 4h | 23m 57s | $3.2M | $520K | 20x |
| Short | BloFin POWER-USDT | 0.1186 | 0.0045 | get 0.0022% / 4h | 23m 57s | $210K | $126K | 20x |
Bitget POWERUSDT
BloFin POWER-USDTFunding 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
- −$11.59
- Price spread: −0.025% → +0.050%
- −$7.55
- Slippage, 4 orders
- −$153.24
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$196.38
- Costs to cover
- 1.772%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 47 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, 4 min ago | 12.59 bp | 62.1 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 47 min ago | 0.83 bp | 22.7 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
POWER 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 POWER-USDTshort | +0.0045% | 4h | 0.1186 | −0.025% | $210K | $126K | 20x | |
| Binance POWERUSDT | +0.0100% | 4h | 0.1188 | +0.135% | $3.5M | $5.6M | 20x | as long as short |
| Bybit POWERUSDT | +0.0100% | 4h | 0.1188 | +0.076% | $2.0M | $1.6M | 20x | as long as short |
| Gate POWER_USDT | +0.0100% | 8h | 0.1191 | +0.329% | $229K | $116K | 20x | as long as short |
| MEXC POWER_USDT | +0.0100% | 4h | 0.1188 | +0.135% | $13.8M | $435K | 20x | as long as short |
| KuCoin POWERUSDTM | +0.0100% | 4h | 0.1183 | −0.270% | $2.3M | $14.1M | 20x | as long as short |
| Bitget POWERUSDTlong | +0.0100% | 4h | 0.1187 | long leg | $3.2M | $520K | 20x | |
| BingX POWER-USDT | +0.0100% | 4h | 0.1189 | +0.169% | — | $1.4M | — | as long as short |
| Variational Omni POWER | +0.0100% | 4h | 0.1186 | −0.044% | $17K | $3K | — | as long as short |
| Aster POWERUSDT | +0.0213% | 4h | 0.1189 | +0.156% | $24K | $26K | 5x | as long as short |
Binance POWERUSDT
Bybit POWERUSDT
Gate POWER_USDT
MEXC POWER_USDT
KuCoin POWERUSDTM
BingX POWER-USDT
Variational Omni POWER
Aster POWERUSDT