Funding you earn now, next payment 04:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.25 per $10,000 · paid last 24h +0.003%
Price spread now: Bitget against BloFin−0.223%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1041.040% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.301%−$30 · spread now −0.223%, 7d avg −0.115%
=Funding pays, the price is against you. Bitget is 0.109% cheaper against BloFin than usual: you would sell low and buy high (spread −0.223% now, against its 7-day average of −0.115%). If the spread goes back, that is −$11 on $10k: about 7.1 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ALT-USDT | 0.007612 | 0.0049 | pay 0.0025% / 4h | 23m 05s | $172K | $10K | 50x |
| Short | Bitget ALTUSDT | 0.007595 | 0.0100 | get 0.0050% / 4h | 23m 05s | $597K | $113K | 50x |
BloFin ALT-USDT
Bitget ALTUSDTFunding 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
- $10.69
- Price spread: −0.223% → −0.115%
- −$10.88
- Slippage, 4 orders
- −$80
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$104.2
- Costs to cover
- 1.040%
- Break-even
- 75.3 days
Slippage from BloFin: live order book, 7 min ago; Bitget: live order book, 32 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, 7 min ago | 2.63 bp | 22.5 bp −$22 | 67.9 bp −$679 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 32 min ago | 3.29 bp | 33.2 bp −$33 | 116.4 bp −$1,164 | doesn't fit | doesn't fit |
ALT 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | +0.0013% | 1h | 0.007608 | −0.053% | — | $0 | 25x | as long as short |
| BloFin ALT-USDTlong | +0.0049% | 4h | 0.007612 | long leg | $172K | $10K | 50x | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007605 | −0.092% | $1.1M | $186K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007608 | −0.053% | $2.6M | $3.8M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007603 | −0.118% | $1.2M | $1.8M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007606 | −0.079% | $51K | $414K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007609 | −0.039% | $385K | $187K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007607 | −0.066% | $151K | $21K | 30x | as long as short |
| Bitget ALTUSDTshort | +0.0100% | 4h | 0.007595 | −0.223% | $597K | $113K | 50x | |
| BingX ALT-USDT | +0.0100% | 4h | 0.007608 | −0.053% | — | $1.3M | — | as long as short |
Deribit ALT_USDC-PERPETUAL
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
BingX ALT-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | +0.0100% | 4h | 0.007595 | −0.222% | $4K | $16K | — | as long as short |
| Kraken Futures PF_ALTUSD | +0.0314% | 1h | 0.007608 | −0.048% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0456% | 1h | 0.007621 | +0.118% | $14K | $3K | 50x | as long as short |
| Injective ALT/USDC PERP | +0.5000% | 1h | 0.007691 | +1.038% | $837 | $4K | 5.5x | as long as short |
Variational Omni ALT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX
Injective ALT/USDC PERP