Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.25 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against BloFin−0.224%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1861.860% of the position
Funding, last 7 days+0.409%+$41 on $10k
+Price spread, last 4 days (all we have)+0.274%+$27 · spread now −0.224%, 7d avg −0.049%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.175% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.049%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.409%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin POWER-USDT | 0.1208 | 0.0149 | pay 0.0075% / 4h | 1h 43m | $208K | $128K | 20x |
| Short | Bitget POWERUSDT | 0.1205 | 0.0100 | get 0.0050% / 4h | 1h 43m | $3.3M | $518K | 20x |
BloFin POWER-USDT
Bitget POWERUSDTFunding 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
- −$10.37
- Price spread: −0.224% → −0.049%
- −$17.49
- Slippage, 4 orders
- −$161.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$213.85
- Costs to cover
- 1.860%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 33 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, 33 min ago | 5.34 bp | 27.4 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 14.09 bp | 67.5 bp −$67 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance POWERUSDT | +0.0100% | 4h | 0.1207 | −0.075% | $3.6M | $5.6M | 20x | as long as short |
| Bybit POWERUSDT | +0.0100% | 4h | 0.1207 | −0.050% | $2.0M | $1.6M | 20x | as long as short |
| Gate POWER_USDT | +0.0100% | 8h | 0.1211 | +0.224% | $229K | $116K | 20x | as long as short |
| MEXC POWER_USDT | +0.0100% | 4h | 0.1207 | −0.050% | $14.0M | $430K | 20x | as long as short |
| KuCoin POWERUSDTM | +0.0100% | 4h | 0.1204 | −0.323% | $2.4M | $14.7M | 20x | as long as short |
| Bitget POWERUSDTshort | +0.0100% | 4h | 0.1205 | −0.224% | $3.3M | $518K | 20x | |
| BingX POWER-USDT | +0.0100% | 4h | 0.1206 | −0.132% | — | $1.4M | — | as long as short |
| Variational Omni POWER | +0.0100% | 4h | 0.1204 | −0.274% | $18K | $3K | — | as long as short |
| Aster POWERUSDT | +0.0120% | 4h | 0.1205 | −0.266% | $23K | $26K | 5x | as long as short |
| BloFin POWER-USDTlong | +0.0149% | 4h | 0.1208 | long leg | $208K | $128K | 20x |
Binance POWERUSDT
Bybit POWERUSDT
Gate POWER_USDT
MEXC POWER_USDT
KuCoin POWERUSDTM
BingX POWER-USDT
Variational Omni POWER
Aster POWERUSDT