data as of
Settings8H · net · $10k
Funding arb /

M

all M markets
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Funding spread now, next payment 20:00 UTC+0.0615%/8h
next payment, per $10,000+$3.08paid, last 24h+0.090%paid, last 7 days+0.308%to open and close $10k−$192
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.308% in total (about 16.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.08 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 MUSDT1.49310.0100pay 0.0050% / 4h1h 40m$1.9M$390K10x
ShortBloFin M-USDT1.49450.0715get 0.0358% / 4h1h 40m$358K$447K10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$129.22
Slippage, 4 orders
−$167.51
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$62.29
Break-even
10.4 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 57 min ago.

Price risk

price view
Price gap now
+0.094%
Avg gap 7d
+0.016%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

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, 3 min ago13.72 bp66.4 bp −$66546.0 bp −$5,460doesn't fitdoesn't fit
Sell BloFin live order book, 57 min ago2.36 bp31.8 bp −$32doesn't fitdoesn't fitdoesn't fit

M on 12 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Bybit MUSDT+0.0100%4h$4.7M$2.5M20xas long as short
Gate M_USDT+0.0100%8h$2.0M$945K10xas long as short
Bitget MUSDTlong+0.0100%4h$1.9M$390K10x
Variational Omni M+0.0100%4h$92K$42Kas long as short
Orderly PERP_M_USDC+0.0100%4h$2K$21910xas long as short
SunX M-USDT+0.0100%4h$2K$513K20xas long as short
Aster MUSDT+0.0487%4h$16K$121K5xas long as short
BingX M-USDT+0.0606%4h$2.4Mas long as short
Binance MUSDT+0.0660%4h$5.5M$5.0M10xas long as short
MEXC M_USDT+0.0664%4h$250K$115K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin M-USDTshort+0.0715%4h$358K$447K10x
KuCoin MUSDTM+0.1384%4h$1.4M$4.2M10xas long as short