Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.4851 | +0.0100 | pay 0.0050% / 4h | 57m 15s | $4.6M | $6.0M | 75x | Long Bitget | |
| SHORT | 0.4849 | −0.0033 | pay 0.0004% / 1h | 57m 15s | $3K | $204K | 20x | Short Bullet |
Price gap−0.043%
Funding gap−0.0133% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.076% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$58−0.0133% /8h now · paid −0.582% over the last 7D
Price−$8spread −0.043% now, avg +0.033% → −0.076% if it goes back
Costs−$390.392% of $10k · taker + slippage, in and out
Result−$105−1.05%+ Points / potential airdropBullet: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.043%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hTIA on 28 exchanges
lowest funding firstBefore you open
1 ok · 5 to watch- Watch: Thin at this size17.7 / 2.5 bpAt $10k entering Bitget costs 17.7 bp, fee and slippage, 7.0× Bullet’s.
- Note: Margin at max leverage$133 + $500Bitget 75x, Bullet 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.98Long Bitget: 6 payments, −$3.00; short Bullet: 24 payments, −$0.98.
- Watch: Gap narrower than usual−0.043% vs +0.033%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$3K vs $4.6M OIBullet sets your exit cost. Check its book before closing.
- OK: Points on a legBullet pointsVolume here counts toward the points program.
- Watch: KYCBitget Yes · Bullet NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0277%/8h × 21 periods−$58.21
Price spread−0.043% → +0.033% (7d avg)−$7.62
Slippage, 4 orderslive order books−$27.19
Fee Bitget bp × 2 orders−$12.00
Fee Bullet bp × 2 orders$0.00
Net · 7 days · $10k−$105.01
Costs to cover0.392%Break-evennever at this rate
Slippage: Bitget: live order book, 9 min ago; Bullet: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget1.0217.7 bp−$1848.2 bp−$482381.3 bp−$38.1Kdoesn’t fit
SELL · SHORTBullet2.542.5 bp−$36.8 bp−$68doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-20 08:16 | Bullet | Listing | new market TIA-USD ($TIA) seen by our collector |
| 10-20 07:59 | Bullet | Listing | By popular demand, $TIA perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |