Funding you earn now, next payment 16:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.14 per $10,000 · paid last 24h +0.024%
Price spread now: Bitget against BloFin−0.051%75s7-day average +0.015% · 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—prices read too far apart to compare
costs, in and out, $10k−$380.379% of the position
Funding, last 5 days (all we have)+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)−0.293%−$29 · spread now −0.051%, 7d avg +0.015%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bitget is 0.065% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.015%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.060%, so the current rate has only just turned against you. The two prices were read 75 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 | BloFin TQQQ-USDT | 78.550 | −0.0010 | get 0.0010% / 8h | 7h 43m | $151K | $33K | 20x |
| Short | Bitget TQQQUSDT | 78.510 | −0.0024 | pay 0.0024% / 8h | 7h 43m | $7.5M | $2.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$2.93
- Price spread: −0.051% → +0.015%
- −$6.54
- Slippage, 4 orders
- −$13.87
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$47.34
- Costs to cover
- 0.379%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 21 min ago; Bitget: live order book, 4 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 BloFin live order book, 21 min ago | 1.90 bp | 7.9 bp −$8 | 10.8 bp −$108 | 41.6 bp −$4,160 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.64 bp | 11.8 bp −$12 | 23.9 bp −$239 | 60.1 bp −$6,006 | doesn't fit |
TQQQ 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TQQQUSDTM | −0.0073% | 8h | 78.490 | −0.076% | $179K | $475K | 10x | as long as short |
| Bitget TQQQUSDTshort | −0.0024% | 8h | 78.510 | −0.051% | $7.5M | $2.8M | 20x | |
| BloFin TQQQ-USDTlong | −0.0010% | 8h | 78.550 | long leg | $151K | $33K | 20x | |
| Aster TQQQUSDT | 0.0000% | 8h | 78.566 | +0.020% | $69K | $146K | 20x | as long as short |
| Binance TQQQUSDT | 0.0000% | 8h | 78.514 | −0.045% | $17.7M | $49.3M | 20x | as long as short |
| Bybit TQQQUSDT | 0.0000% | 8h | 78.550 | 0.000% | $2.4M | $6.8M | 25x | as long as short |
| OKX TQQQ-USDT-SWAP | 0.0000% | 8h | 78.480 | −0.089% | $2.2M | $6.0M | 10x | as long as short |
| MEXC TQQQ_USDT | 0.0000% | 8h | 78.500 | −0.064% | $1.8M | $278K | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 78.574 | +0.030% | $1K | $109K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 78.560 | +0.013% | $14K | $16K | 50x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 78.520 | −0.038% | $5 | — | 10x | as long as short |
BloFin TQQQ-USDT
Bitget TQQQUSDT
KuCoin TQQQUSDTM
Aster TQQQUSDT
Binance TQQQUSDT
Bybit TQQQUSDT
OKX TQQQ-USDT-SWAP
MEXC TQQQ_USDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDT