Funding you earn now, next payment 04:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.10 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Bitget−0.040%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$194as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1931.927% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.040%, 7d avg −0.022%
=The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget STABLEUSDT | 0.02496 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $287K | $92K | 25x |
| Short | BloFin STABLE-USDT | 0.02495 | 0.0079 | get 0.0040% / 4h | 1h 19m | $118K | $7K | 75x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$4.41
- Price spread: −0.040% → −0.022%
- −$1.8
- Slippage, 4 orders
- −$168.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$198.86
- Costs to cover
- 1.927%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 36 min ago; BloFin: live order book, 17 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, 36 min ago | 2.01 bp | 67.7 bp −$68 | 239.3 bp −$2,393 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 17 min ago | 2.02 bp | 30.3 bp −$30 | 69.3 bp −$693 | doesn't fit | doesn't fit |
STABLE on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin STABLE-USDTshort | +0.0079% | 4h | 0.02495 | −0.040% | $118K | $7K | 75x | |
| Lighter STABLE | +0.0096% | 1h | 0.02505 | +0.341% | $115K | $6K | 3x | as long as short |
| Hyperliquid STABLE | +0.0100% | 1h | 0.02493 | −0.120% | $877K | $179K | 3x | as long as short |
| Aster STABLEUSDT | +0.0100% | 4h | 0.02493 | −0.108% | $19K | $8K | 20x | as long as short |
| Binance STABLEUSDT | +0.0100% | 4h | 0.02494 | −0.071% | $2.6M | $2.7M | 75x | as long as short |
| Bybit STABLEUSDT | +0.0100% | 4h | 0.02497 | +0.024% | $1.5M | $730K | 25x | as long as short |
| OKX STABLE-USDT-SWAP | +0.0100% | 4h | 0.02495 | −0.040% | $201K | $382K | 20x | as long as short |
| Gate STABLE_USDT | +0.0100% | 4h | 0.02494 | −0.080% | $174K | $57K | 50x | as long as short |
| MEXC STABLE_USDT | +0.0100% | 4h | 0.02493 | −0.120% | $617K | $168K | 20x | as long as short |
| KuCoin STABLEUSDTM | +0.0100% | 4h | 0.02499 | +0.120% | $185K | $29K | 30x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget STABLEUSDTlong | +0.0100% | 4h | 0.02496 | long leg | $287K | $92K | 25x | |
| BingX STABLE-USDT | +0.0100% | 4h | 0.02494 | −0.080% | — | $6.6M | — | as long as short |
| Variational Omni STABLE | +0.0100% | 4h | 0.02495 | −0.059% | $146K | $50K | — | as long as short |
| SunX STABLE-USDT | +0.0100% | 4h | 0.02493 | −0.108% | $2K | $832K | 20x | as long as short |
| Extended STABLE-USD | +0.0104% | 1h | 0.02494 | −0.099% | $14K | $138K | 10x | as long as short |
Bitget STABLEUSDT
BloFin STABLE-USDT
Lighter STABLE
Hyperliquid STABLE
Aster STABLEUSDT
Binance STABLEUSDT
Bybit STABLEUSDT
OKX STABLE-USDT-SWAP
Gate STABLE_USDT
MEXC STABLE_USDT
KuCoin STABLEUSDTM
BingX STABLE-USDT
Variational Omni STABLE
SunX STABLE-USDT
Extended STABLE-USD