Funding you earn now, next payment 12:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.009%
Price spread now: Bitget against BloFin+0.044%75s7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as 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−$1031.032% of the position
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 4 days (all we have)+0.100%+$10 · spread now +0.044%, 7d avg +0.066%
=Funding pays, the price is against you. Bitget is 0.022% cheaper against BloFin than usual: you would sell low and buy high (spread +0.044% now, against its 7-day average of +0.066%). If the spread goes back, that is −$2 on $10k: about 2.1 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.181%, so the current rate has only just turned in your favour. 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 AIXBT-USDT | 0.02290 | 0.0065 | pay 0.0032% / 4h | 3h 25m | $122K | $88K | 50x |
| Short | Bitget AIXBTUSDT | 0.02291 | 0.0100 | get 0.0050% / 4h | 3h 25m | $642K | $649K | 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
- $7.44
- Price spread: +0.044% → +0.066%
- −$2.2
- Slippage, 4 orders
- −$79.21
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$97.97
- Costs to cover
- 1.032%
- Break-even
- 99.2 days
Slippage from BloFin: live order book, 30 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, 30 min ago | 2.18 bp | 16.0 bp −$16 | 53.1 bp −$531 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 6.57 bp | 33.9 bp −$34 | 102.4 bp −$1,024 | doesn't fit | doesn't fit |
AIXBT on 14 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_AIXBTUSD | −0.2452% | 1h | 0.02280 | −0.454% | $19K | $5K | 10x | as long as short |
| Variational Omni AIXBT | +0.0050% | 4h | 0.02276 | −0.606% | $98K | $12K | — | as long as short |
| BloFin AIXBT-USDTlong | +0.0065% | 4h | 0.02290 | long leg | $122K | $88K | 50x | |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02290 | −0.013% | $404K | $233K | 3x | as long as short |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02295 | +0.219% | $2.5M | $4.4M | 50x | as long as short |
| Bybit AIXBTUSDT | +0.0100% | 4h | 0.02291 | +0.044% | $1.2M | $1.3M | 25x | as long as short |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02295 | +0.218% | $460K | $1.9M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02286 | −0.175% | $212K | $141K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02296 | +0.262% | $695K | $287K | 100x | as long as short |
| KuCoin AIXBTUSDTM | +0.0100% | 4h | 0.02288 | −0.087% | $1.1M | $1.5M | 30x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AIXBTUSDTshort | +0.0100% | 4h | 0.02291 | +0.044% | $642K | $649K | 20x | |
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02290 | 0.000% | — | $6.6M | — | as long as short |
| GMX AIXBT/USD [ETH-USDC] | L +0.0247% / S −0.0698% | 1h | 0.02286 | −0.162% | $3K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02286 | −0.180% | — | — | — | as long as short |
BloFin AIXBT-USDT
Bitget AIXBTUSDT
Kraken Futures PF_AIXBTUSD
Variational Omni AIXBT
Hyperliquid AIXBT
Binance AIXBTUSDT
Bybit AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
MEXC AIXBT_USDT
KuCoin AIXBTUSDTM
BingX AIXBT-USDT
GMX AIXBT/USD [ETH-USDC]