Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.24 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Bitget−0.226%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1501.498% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.306%+$31 · spread now −0.226%, 7d avg +0.019%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.246% cheaper against Bitget than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.019%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget RAREUSDT | 0.01325 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $234K | $71K | 20x |
| Short | BloFin RARE-USDT | 0.01322 | 0.0052 | get 0.0026% / 4h | 1h 58m | $105K | $12K | 25x |
Bitget RAREUSDT
BloFin RARE-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
- −$10.08
- Price spread: −0.226% → +0.019%
- −$24.57
- Slippage, 4 orders
- −$125.83
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$184.48
- Costs to cover
- 1.498%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 41 min ago; BloFin: live order book, 12 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, 41 min ago | 7.62 bp | 45.2 bp −$45 | 500.7 bp −$5,007 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 12 min ago | 15.14 bp | 33.0 bp −$33 | 102.5 bp −$1,025 | doesn't fit | doesn't fit |
RARE on 11 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 RARE-USDTshort | +0.0052% | 4h | 0.01322 | −0.226% | $105K | $12K | 25x | |
| BingX RARE-USDT | +0.0070% | 4h | 0.01326 | +0.075% | — | $1.3M | — | as long as short |
| Aster RAREUSDT | +0.0100% | 4h | 0.01324 | −0.065% | $8K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01325 | +0.007% | $1.6M | $1.1M | 25x | as long as short |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01328 | +0.226% | $310K | $87K | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01325 | 0.000% | $49K | $27K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01325 | 0.000% | $624K | $168K | 100x | as long as short |
| KuCoin RAREUSDTM | +0.0100% | 4h | 0.01326 | +0.075% | $203K | $71K | 30x | as long as short |
| Bitget RAREUSDTlong | +0.0100% | 4h | 0.01325 | long leg | $234K | $71K | 20x | |
| Variational Omni RARE | +0.0100% | 4h | 0.01325 | +0.012% | $1K | $2K | — | as long as short |
BingX RARE-USDT
Aster RAREUSDT
Binance RAREUSDT
Bybit RAREUSDT
Gate RARE_USDT
MEXC RARE_USDT
KuCoin RAREUSDTM
Variational Omni RAREShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSD | +1.2637% | 1h | 0.01337 | +0.869% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_RAREUSD