Funding you earn now, next payment 08:00 UTC+0.2906%/8h= +318.2% APRnext payment +$14.53 per $10,000 · paid last 24h +0.137%
Price spread now: BloFin against Bitget−0.084%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2142.141% of the position
Funding, last 4 days (all we have)+0.322%+$32 on $10k
+Price spread, last 4 days (all we have)−0.215%−$21 · spread now −0.084%, 7d avg +0.023%
=Funding pays, the price is against you. BloFin is 0.107% cheaper against Bitget than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of +0.023%). If the spread goes back, that is −$11 on $10k: about 3 hours of funding at the current rate (+$87 a day). At the pace of the last 4 days (+0.322% in total) that is about 30 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.322% in total (about 31.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$14.53 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget STONKUSDT | 0.3337 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $428K | $2.2M | 10x |
| Short | BloFin STONK-USDT | 0.3334 | 0.3006 | get 0.1503% / 4h | 1h 39m | $92K | $193K | 5x |
Bitget STONKUSDT
BloFin STONK-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
- $610.24
- Price spread: −0.084% → +0.023%
- −$10.7
- Slippage, 4 orders
- −$190.06
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $385.49
- Costs to cover
- 2.141%
- Break-even
- 2.6 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 36 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, 3 min ago | 7.97 bp | 60.9 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 36 min ago | 4.54 bp | 71.9 bp −$72 | 199.2 bp −$1,992 | doesn't fit | doesn't fit |
STONK on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC STONK_USDT | +0.0100% | 4h | 0.3340 | +0.087% | $762K | $1.0M | 20x | as long as short |
| Bitget STONKUSDTlong | +0.0100% | 4h | 0.3337 | long leg | $428K | $2.2M | 10x | |
| Lighter STONK | +0.1304% | 1h | 0.3351 | +0.429% | $345K | $525K | 5x | as long as short |
| Phoenix STONK | +0.1741% | 1h | 0.3326 | −0.330% | $209K | $135K | 3x | as long as short |
| Bybit STONKUSDT | +0.2685% | 4h | 0.3346 | +0.276% | $1.6M | $6.3M | 5x | as long as short |
| Aster STONKUSDT | +0.2693% | 1h | 0.3340 | +0.096% | $465K | $1.1M | 10x | as long as short |
| BloFin STONK-USDTshort | +0.3006% | 4h | 0.3334 | −0.084% | $92K | $193K | 5x | |
| BingX STONK-USDT | +0.3568% | 4h | 0.3347 | +0.306% | — | $917K | — | as long as short |
| Gate STONK_USDT | +0.4842% | 4h | 0.3348 | +0.324% | $950K | $2.1M | 10x | as long as short |
MEXC STONK_USDT
Lighter STONK
Phoenix STONK
Bybit STONKUSDT
Aster STONKUSDT
BingX STONK-USDT
Gate STONK_USDT