Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.22 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Bitget−0.390%65s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.390% cheaper against Bitget than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 65 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 SFPUSDT | 0.3076 | 0.0100 | pay 0.0100% / 8h | 7h 16m | $82K | $49K | 75x |
| Short | BloFin SFP-USDT | 0.3064 | 0.0078 | get 0.0078% / 8h | 7h 16m | $233K | $4K | 75x |
Bitget SFPUSDT
BloFin SFP-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
- −$4.7
- Price spread: −0.390% → 0.000%
- −$39.01
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$67.71
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Bitget: no order-book sample; BloFin: live order book, 49 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 49 min ago | 6.53 bp | 35.3 bp −$35 | 105.8 bp −$1,058 | doesn't fit | doesn't fit |
Bitget: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SFP on 8 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 SFP-USDT | +0.0070% | 8h | 0.3075 | −0.033% | — | $1.4M | — | as long as short |
| BloFin SFP-USDTshort | +0.0078% | 8h | 0.3064 | −0.390% | $233K | $4K | 75x | |
| Binance SFPUSDT | +0.0100% | 8h | 0.3075 | −0.033% | $3.8M | $1.4M | 75x | as long as short |
| Gate SFP_USDT | +0.0100% | 8h | 0.3069 | −0.228% | $32K | $28K | 50x | as long as short |
| MEXC SFP_USDT | +0.0100% | 8h | 0.3075 | −0.033% | $886K | $162K | 200x | as long as short |
| KuCoin SFPUSDTM | +0.0100% | 8h | 0.3064 | −0.390% | $58K | $9K | 20x | as long as short |
| Bitget SFPUSDTlong | +0.0100% | 8h | 0.3076 | long leg | $82K | $49K | 75x | |
| Variational Omni SFP | +0.0100% | 8h | 0.3074 | −0.081% | $15K | $208 | — | as long as short |
BingX SFP-USDT
Binance SFPUSDT
Gate SFP_USDT
MEXC SFP_USDT
KuCoin SFPUSDTM
Variational Omni SFP