Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.074%
Price spread now: BloFin against Bitget−0.199%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$590.591% of the position
Funding, last 7 days+0.513%+$51 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.199%, 7d avg −0.021%
=Funding pays, the price is against you. BloFin is 0.178% cheaper against Bitget than usual: you would sell low and buy high (spread −0.199% now, against its 7-day average of −0.021%). If the spread goes back, that is −$18 on $10k: about 2.5 days of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ETHFIUSDT | 0.7032 | 0.0100 | pay 0.0050% / 4h | 41m 11s | $6.0M | $5.2M | 75x |
| Short | BloFin ETHFI-USDT | 0.7018 | 0.0340 | get 0.0170% / 4h | 41m 11s | $1.2M | $243K | 75x |
Bitget ETHFIUSDT
BloFin ETHFI-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $50.4
- Price spread: −0.199% → −0.021%
- −$17.77
- Slippage, 4 orders
- −$35.11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$26.47
- Costs to cover
- 0.591%
- Break-even
- 10.7 days
Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 1 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 Bitget live order book, 2 min ago | 1.43 bp | 17.3 bp −$17 | 28.4 bp −$284 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 1.43 bp | 13.7 bp −$14 | 27.2 bp −$272 | 84.4 bp −$8,439 | doesn't fit |
ETHFI on 24 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 ETHFI_USDC-PERPETUAL | −0.0461% | 1h | 0.7028 | −0.057% | $40K | $12K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0216% | 4h | 0.7027 | −0.071% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0189% | 4h | 0.7004 | −0.398% | $86K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.958% | $321 | $51K | 5.5x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0044% | 1h | 0.7035 | +0.038% | $263K | $213K | 20x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0055% | 8h | 0.7016 | −0.222% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7035 | +0.041% | $1.1M | $878K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7036 | +0.057% | $17.4M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7024 | −0.111% | $179K | $261K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7025 | −0.100% | $24.4M | $35.4M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Kraken Futures PF_ETHFIUSD
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7033 | +0.014% | $17.6M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7040 | +0.114% | $5.0M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7035 | +0.043% | $1.7M | $1.9M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7026 | −0.085% | $15.6M | $4.0M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7024 | −0.114% | $1.2M | $248K | 50x | as long as short |
| Bitget ETHFIUSDTlong | +0.0100% | 4h | 0.7032 | long leg | $6.0M | $5.2M | 75x | |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7034 | +0.028% | — | $1.2M | — | as long as short |
| Variational Omni ETHFI | +0.0100% | 4h | 0.7025 | −0.104% | $1.0M | $657K | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7035 | +0.043% | $70K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7025 | −0.100% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7021 | −0.154% | $95K | $378K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7025 | −0.100% | $8K | — | 3x | as long as short |
| BloFin ETHFI-USDTshort | +0.0340% | 4h | 0.7018 | −0.199% | $1.2M | $243K | 75x | |
| Coinbase International ETHFI-PERP-INTX | +0.0624% | 1h | 0.7046 | +0.199% | $31K | $6K | 50x | as long as short |
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDC
Variational Omni ETHFI
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX