Funding you earn now, next payment 08:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.21 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BloFin−0.152%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−$163as 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)+0.120%+$12 · spread now −0.152%, 7d avg −0.019%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.133% cheaper against BloFin than usual: you would sell low and buy high (−$13 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 | BloFin RARE-USDT | 0.01319 | 0.0143 | pay 0.0071% / 4h | 1h 36m | $105K | $12K | 25x |
| Short | Bitget RAREUSDT | 0.01317 | 0.0100 | get 0.0050% / 4h | 1h 36m | $232K | $71K | 20x |
BloFin RARE-USDT
Bitget RAREUSDTFunding 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
- −$8.94
- Price spread: −0.152% → −0.019%
- −$13.25
- Slippage, 4 orders
- −$125.83
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$172.02
- Costs to cover
- 1.498%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 34 min ago; Bitget: live order book, 63 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, 34 min ago | 15.14 bp | 31.0 bp −$31 | 130.3 bp −$1,303 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 63 min ago | 7.62 bp | 40.5 bp −$41 | 244.8 bp −$2,448 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX RARE-USDT | +0.0070% | 4h | 0.01317 | −0.152% | — | $1.3M | — | as long as short |
| Aster RAREUSDT | +0.0100% | 4h | 0.01318 | −0.111% | $8K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01318 | −0.106% | $1.6M | $1.1M | 25x | as long as short |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01319 | +0.008% | $308K | $87K | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01318 | −0.076% | $49K | $27K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01318 | −0.076% | $621K | $169K | 100x | as long as short |
| KuCoin RAREUSDTM | +0.0100% | 4h | 0.01319 | 0.000% | $202K | $71K | 30x | as long as short |
| Bitget RAREUSDTshort | +0.0100% | 4h | 0.01317 | −0.152% | $232K | $71K | 20x | |
| Variational Omni RARE | +0.0100% | 4h | 0.01320 | +0.104% | $1K | $2K | — | as long as short |
| BloFin RARE-USDTlong | +0.0143% | 4h | 0.01319 | long leg | $105K | $12K | 25x |
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 | +1.2692% | 1h | 0.01331 | +0.886% | $3K | $2K | 10x | as long as short |
Kraken Futures PF_RAREUSD