Funding you earn now, next payment 16:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.26 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Bitget−0.120%85s7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as 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−$1041.042% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)+0.484%+$48 · spread now −0.120%, 7d avg +0.024%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.145% cheaper against Bitget than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.024%). Swap the legs. 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 SSVUSDT | 3.3300 | 0.0100 | pay 0.0100% / 8h | 7h 39m | $509K | $377K | 50x |
| Short | BloFin SSV-USDT | 3.3260 | 0.0074 | get 0.0074% / 8h | 7h 39m | $118K | $88K | 75x |
Bitget SSVUSDT
BloFin SSV-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
- −$5.43
- Price spread: −0.120% → +0.024%
- −$14.46
- Slippage, 4 orders
- −$80.18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$124.07
- Costs to cover
- 1.042%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 55 min ago; BloFin: live order book, 16 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, 55 min ago | 7.54 bp | 32.3 bp −$32 | 112.7 bp −$1,127 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 16 min ago | 3.01 bp | 21.4 bp −$21 | 64.5 bp −$645 | doesn't fit | doesn't fit |
SSV 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SSVUSD | −0.0407% | 1h | 3.3285 | −0.046% | $11K | $17K | 10x | as long as short |
| Variational Omni SSV | +0.0069% | 8h | 3.3245 | −0.167% | $832 | $1 | — | as long as short |
| BloFin SSV-USDTshort | +0.0074% | 8h | 3.3260 | −0.120% | $118K | $88K | 75x | |
| Binance SSVUSDT | +0.0100% | 8h | 3.3260 | −0.120% | $2.4M | $3.0M | 50x | as long as short |
| Bybit SSVUSDT | +0.0100% | 8h | 3.3230 | −0.210% | $565K | $363K | 50x | as long as short |
| OKX SSV-USDT-SWAP | +0.0100% | 8h | 3.3240 | −0.180% | $537K | $899K | 20x | as long as short |
| Gate SSV_USDT | +0.0100% | 8h | 3.3290 | −0.030% | $142K | $85K | 25x | as long as short |
| MEXC SSV_USDT | +0.0100% | 8h | 3.3270 | −0.090% | $198K | $140K | 50x | as long as short |
| KuCoin SSVUSDTM | +0.0100% | 8h | 3.3270 | −0.090% | $248K | $49K | 30x | as long as short |
| Bitget SSVUSDTlong | +0.0100% | 8h | 3.3300 | long leg | $509K | $377K | 50x |
Kraken Futures PF_SSVUSD
Variational Omni SSV
Binance SSVUSDT
Bybit SSVUSDT
OKX SSV-USDT-SWAP
Gate SSV_USDT
MEXC SSV_USDT
KuCoin SSVUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SSV-USDT | +0.0100% | 8h | 3.3260 | −0.120% | — | $2.3M | — | as long as short |
BingX SSV-USDT