Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against BloFin+0.020%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1391.387% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 3 days (all we have)−0.144%−$14 · spread now +0.020%, 7d avg +0.010%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin RED-USDT | 0.1508 | 0.0104 | pay 0.0052% / 4h | 1h 54m | $227K | $4K | 25x |
| Short | Bitget REDUSDT | 0.1508 | 0.0100 | get 0.0050% / 4h | 1h 54m | $722K | $304K | 20x |
Funding 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
- −$0.91
- Price spread: +0.020% → +0.010%
- $1
- Slippage, 4 orders
- −$114.68
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$138.58
- Costs to cover
- 1.387%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 21 min ago; Bitget: live order book, 26 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, 21 min ago | 4.64 bp | 43.2 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 26 min ago | 9.92 bp | 26.0 bp −$26 | 100.3 bp −$1,003 | doesn't fit | doesn't fit |
RED 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster REDUSDT | +0.0100% | 4h | 0.1508 | +0.027% | $21K | $33K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1508 | +0.052% | $2.4M | $3.9M | 50x | as long as short |
| Bybit REDUSDT | +0.0100% | 4h | 0.1508 | +0.020% | $2.2M | $1.7M | 25x | as long as short |
| Gate RED_USDT | +0.0100% | 4h | 0.1508 | +0.020% | $349K | $151K | 25x | as long as short |
| Bitget REDUSDTshort | +0.0100% | 4h | 0.1508 | +0.020% | $722K | $304K | 20x | |
| Variational Omni RED | +0.0100% | 4h | 0.1507 | −0.025% | $25K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1545 | +2.474% | $2K | $659K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1508 | +0.003% | $30 | — | 5x | as long as short |
| BloFin RED-USDTlong | +0.0104% | 4h | 0.1508 | long leg | $227K | $4K | 25x | |
| MEXC RED_USDT | +0.0386% | 4h | 0.1508 | +0.020% | $552K | $171K | 20x | as long as short |
BloFin RED-USDT
Bitget REDUSDT
Aster REDUSDT
Binance REDUSDT
Bybit REDUSDT
Gate RED_USDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
MEXC RED_USDT