Funding you earn now, next payment 12:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h −0.058%
Price spread now: BloFin against Bitget+0.027%95s7-day average −0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as 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−$760.763% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.027%, 7d avg −0.109%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.136% dearer against Bitget than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.109%. Mind the row above: over the last 7 days funding on this pair cost −0.112%, so the current rate has only just turned in your favour. The two prices were read 95 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 | Bitget IDUSDT | 0.03740 | 0.0100 | pay 0.0050% / 4h | 49m 37s | $1.0M | $944K | 50x |
| Short | BloFin ID-USDT | 0.03741 | 0.0114 | get 0.0057% / 4h | 49m 37s | $157K | $17K | 50x |
Bitget IDUSDT
BloFin ID-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
- $2.88
- Price spread: +0.027% → −0.109%
- $13.61
- Slippage, 4 orders
- −$52.32
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$59.83
- Costs to cover
- 0.763%
- Break-even
- 152.2 days
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 47 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, 4 min ago | 5.34 bp | 20.5 bp −$21 | 115.1 bp −$1,151 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 47 min ago | 9.23 bp | 18.5 bp −$18 | 42.8 bp −$428 | doesn't fit | doesn't fit |
ID on 11 exchanges
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_IDUSD | +0.0065% | 1h | 0.03741 | +0.038% | $4K | $4K | 10x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03740 | +0.013% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03740 | −0.002% | $2.4M | $4.1M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03741 | +0.027% | $1.3M | $1.2M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03737 | −0.080% | $252K | $188K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03740 | 0.000% | $459K | $241K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03740 | 0.000% | $1.0M | $76K | 30x | as long as short |
| Bitget IDUSDTlong | +0.0100% | 4h | 0.03740 | long leg | $1.0M | $944K | 50x | |
| BingX ID-USDT | +0.0100% | 4h | 0.03735 | −0.134% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03735 | −0.147% | $12K | $94 | — | as long as short |
Kraken Futures PF_IDUSD
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
BingX ID-USDT
Variational Omni IDShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ID-USDTshort | +0.0114% | 4h | 0.03741 | +0.027% | $157K | $17K | 50x |