Funding you earn now, next payment 04:00 UTC+0.0828%/8h= +90.7% APRnext payment +$4.14 per $10,000 · paid last 24h +0.138%
Price spread now: BloFin against Bitget+0.152%85s7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1881.882% of the position
Funding, last 7 days+0.706%+$71 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.152%, 7d avg +0.158%
=The price spread sits at its 7-day average of +0.158%, so right now this pair is about funding alone: +$25 a day on $10k at the current rate. The two prices were read 85 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 SONICUSDT | 0.02639 | 0.0192 | pay 0.0096% / 4h | 29m 46s | $414K | $462K | 10x |
| Short | BloFin SONIC-USDT | 0.02643 | 0.1020 | get 0.0510% / 4h | 29m 46s | $131K | $4K | 10x |
Bitget SONICUSDT
BloFin SONIC-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
- $173.89
- Price spread: +0.152% → +0.158%
- −$0.6
- Slippage, 4 orders
- −$164.18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$14.89
- Costs to cover
- 1.882%
- Break-even
- 7.6 days
Slippage from Bitget: live order book, 21 min ago; BloFin: live order book, 66 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, 21 min ago | 5.65 bp | 54.4 bp −$54 | 982.0 bp −$9,820 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 66 min ago | 5.61 bp | 39.4 bp −$39 | 147.5 bp −$1,475 | doesn't fit | doesn't fit |
SONIC 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SONICUSDT | +0.0100% | 4h | 0.02639 | 0.000% | $1.0M | $996K | 25x | as long as short |
| Gate SONIC_USDT | +0.0100% | 4h | 0.02639 | 0.000% | $135K | $90K | 25x | as long as short |
| Variational Omni SONIC | +0.0100% | 4h | 0.02641 | +0.077% | $3K | $2K | — | as long as short |
| Bitget SONICUSDTlong | +0.0192% | 4h | 0.02639 | long leg | $414K | $462K | 10x | |
| KuCoin SONICUSDTM | +0.0472% | 4h | 0.02652 | +0.493% | $492K | $25K | 10x | as long as short |
| MEXC SONIC_USDT | +0.0978% | 4h | 0.02638 | −0.038% | $857K | $131K | 50x | as long as short |
| Binance SONICUSDT | +0.0978% | 4h | 0.02638 | −0.038% | $1.4M | $2.2M | 10x | as long as short |
| BloFin SONIC-USDTshort | +0.1020% | 4h | 0.02643 | +0.152% | $131K | $4K | 10x |
Bybit SONICUSDT
Gate SONIC_USDT
Variational Omni SONIC
KuCoin SONICUSDTM
MEXC SONIC_USDT
Binance SONICUSDT