Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.51 per $10,000 · paid last 24h +0.020%
Price spread now: BloFin against Bitget−0.020%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$440.445% of the position
Funding, last 7 days+0.145%+$15 on $10k
+Price spread, last 3 days (all we have)+0.072%+$7 · spread now −0.020%, 7d avg +0.035%
=Funding pays, the price is against you. BloFin is 0.055% cheaper against Bitget than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.035%). If the spread goes back, that is −$6 on $10k: about 3.6 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 | Bitget FILUSDT | 0.9866 | 0.0065 | pay 0.0065% / 8h | 7h 30m | $10.9M | $21.4M | 75x |
| Short | BloFin FIL-USDT | 0.9864 | 0.0116 | get 0.0116% / 8h | 7h 30m | $2.6M | $575K | 75x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.8
- Price spread: −0.020% → +0.035%
- −$5.5
- Slippage, 4 orders
- −$20.46
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$39.16
- Costs to cover
- 0.445%
- Break-even
- 32.4 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 2 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, 3 min ago | 0.51 bp | 13.1 bp −$13 | 17.4 bp −$174 | 39.5 bp −$3,949 | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.51 bp | 11.7 bp −$12 | 17.2 bp −$172 | 40.1 bp −$4,007 | doesn't fit |
FIL on 29 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 FIL_USDC-PERPETUAL | −0.0661% | 1h | 0.9871 | +0.051% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0332% | 1h | 0.9869 | +0.030% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9869 | +0.030% | $315K | $1.8M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0040% | 8h | 0.9867 | +0.010% | $7.4M | $7.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0040% | 8h | 0.9868 | +0.020% | $17.9M | $97.8M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9870 | +0.037% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9875 | +0.095% | $58K | $2K | 10x | as long as short |
| Binance FILUSDT | +0.0029% | 8h | 0.9866 | 0.000% | $56.9M | $177.9M | 75x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9863 | −0.033% | $691K | $3.6M | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.111% | $2K | $240K | 12x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0061% | 8h | 0.9862 | −0.041% | $244K | $105K | 50x | as long as short |
| Bitget FILUSDTlong | +0.0065% | 8h | 0.9866 | long leg | $10.9M | $21.4M | 75x | |
| Lighter FIL | +0.0096% | 1h | 0.9860 | −0.062% | $159K | $346K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9869 | +0.033% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9869 | +0.031% | $503K | $553K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9869 | +0.030% | $15.4M | $18.2M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9869 | +0.030% | $8.2M | $16.1M | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9866 | 0.000% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9865 | −0.010% | $443K | $280K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9847 | −0.190% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9856 | −0.106% | $291K | $812K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9870 | +0.041% | $30K | $195K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9878 | +0.125% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9870 | +0.041% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9863 | −0.030% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9876 | +0.101% | $629K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | −0.061% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDTshort | +0.0116% | 8h | 0.9864 | −0.020% | $2.6M | $575K | 75x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0539% / S −0.0538% | 1h | 0.9869 | +0.031% | $196K | — | 100x | as long as short |
Bitget FILUSDT
BloFin FIL-USDT
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
Binance FILUSDT
Extended FIL-USD
Injective FIL/USDC PERP
MEXC FIL_USDC
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
GMX FIL/USD [WBTC.b-USDC]