Settings8H · net · $10k
Funding arb · Price arb /

SPACE

all SPACE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Bitget+0.354%7-day average +0.174% · 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−$99as in the Price arb table
costs, in and out, $10k−$1171.169% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 3 days (all we have)−0.239%−$24 · spread now +0.354%, 7d avg +0.174%
Together, before fees−0.251%−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.180% dearer against Bitget than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.174%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SPACEUSDT0.0050830.0106pay 0.0053% / 4h34m 47s$886K$232K20x
ShortBloFin SPACE-USDT0.0051010.0115get 0.0058% / 4h34m 47s$158K$8K50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.97
Price spread: +0.354% → +0.174%
$18
Slippage, 4 orders
−$92.92
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$96.96
Costs to cover
1.169%
Break-even
352.2 days
Slippage from Bitget: live order book, 41 min ago; BloFin: live order book, 27 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 41 min ago7.96 bp33.0 bp −$33299.8 bp −$2,998doesn't fitdoesn't fit
Sell BloFin live order book, 27 min ago2.97 bp22.6 bp −$2394.6 bp −$946doesn't fitdoesn't fit

SPACE on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SPACEUSDT+0.0100%4h0.005099+0.310%$1.9M$1.9M50xas long as short
Bybit SPACEUSDT+0.0100%4h0.005089+0.118%$781K$163K13xas long as short
OKX SPACE-USDT-SWAP+0.0100%4h0.005085+0.039%$1.5M$1.1M20xas long as short
MEXC SPACE_USDT+0.0100%4h0.005098+0.295%$370K$152K20xas long as short
KuCoin SPACEUSDTM+0.0100%4h0.005081−0.039%$641K$103K20xas long as short
Bitget SPACEUSDTlong+0.0106%4h0.005083long leg$886K$232K20x
BloFin SPACE-USDTshort+0.0115%4h0.005101+0.354%$158K$8K50x
Gate SPACE_USDT+0.0250%4h0.005085+0.039%$767K$427K20xas long as short
Aster SPACEUSDT+0.0850%4h0.005082−0.026%$15K$30K5xas long as short