Settings8H · net · $10k
Funding arb · Price arb /

B

all B markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0429%/8hnext payment +$2.14 per $10,000 · paid last 24h +0.116%
Price spread now: BloFin against Bitget−0.050%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1131.132% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.277%+$28 on $10k
Price spread, last 3 days (all we have)−0.621%−$62 · spread now −0.050%, 7d avg +0.047%
Together, before fees−0.344%−$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.097% cheaper against Bitget than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.047%). If the spread goes back, that is −$10 on $10k: about 18 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.277% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.277% in total (about 14.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.14 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BUSDT0.20160.0244pay 0.0122% / 4h6m 59s$2.7M$216K10x
ShortBloFin B-USDT0.20150.0673get 0.0336% / 4h6m 59s$599K$40K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$89.99
Price spread: −0.050% → +0.047%
−$9.7
Slippage, 4 orders
−$89.19
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$32.9
Costs to cover
1.132%
Break-even
9.6 days
Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 23 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago4.96 bp31.5 bp −$31324.1 bp −$3,241doesn't fitdoesn't fit
Sell BloFin live order book, 23 min ago2.48 bp26.0 bp −$2673.1 bp −$731doesn't fitdoesn't fit

B on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BUSDT+0.0100%4h0.2013−0.134%$1.8M$876K13xas long as short
Gate B_USDT+0.0100%4h0.2011−0.248%$3.4M$574K20xas long as short
Bitget BUSDTlong+0.0244%4h0.2016long leg$2.7M$216K10x
KuCoin BUSDTM+0.0356%4h0.2011−0.233%$1.9M$69K10xas long as short
BingX B-USDT+0.0590%4h0.2014−0.099%$1.2Mas long as short
edgeX BUSDC+0.0605%4h0.2015−0.025%$3K$396K5xas long as short
MEXC B_USDT+0.0620%4h0.2015−0.050%$954K$376K100xas long as short
Extended B-USD+0.0632%1h0.2015−0.036%$15K$117K5xas long as short
Binance BUSDT+0.0632%4h0.2015−0.025%$11.6M$2.0M20xas long as short
BloFin B-USDTshort+0.0673%4h0.2015−0.050%$599K$40K20x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BUSDT+0.1282%4h0.2016−0.017%$1.9M$180K5xas long as short