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

M

all M markets
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Funding spread now, next payment 20:00 UTC−0.0526%/8h
next payment, per $10,000$2.63paid, last 24h−0.090%paid, last 7 days−0.308%to open and close $10k−$195
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 $2.63 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
LongBloFin M-USDT1.49950.0626pay 0.0313% / 4h2h 31m$360K$460K10x
ShortBitget MUSDT1.49820.0100get 0.0050% / 4h2h 31m$1.9M$423K10x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
−$110.41
Slippage, 4 orders
−$170.77
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$305.18
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; Bitget: live order book, 2 min ago.

Price risk

price view
Price gap now
−0.087%
Avg gap 7d
−0.014%
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 BloFin live order book, 6 min ago2.36 bp43.4 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago14.36 bp51.0 bp −$51doesn'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$2.7M20xas long as short
Gate M_USDT+0.0100%8h$2.0M$1.0M10xas long as short
Bitget MUSDTshort+0.0100%4h$1.9M$423K10x
Variational Omni M+0.0100%4h$91K$45Kas long as short
Orderly PERP_M_USDC+0.0100%4h$2K$21910xas long as short
SunX M-USDT+0.0100%4h$2K$506K20xas long as short
Aster MUSDT+0.0425%4h$16K$121K5xas long as short
BingX M-USDT+0.0544%4h$2.4Mas long as short
MEXC M_USDT+0.0592%4h$251K$119K50xas long as short
Binance MUSDT+0.0594%4h$5.5M$5.2M10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
BloFin M-USDTlong+0.0626%4h$360K$460K10x
KuCoin MUSDTM+0.2144%4h$1.4M$4.1M10xas long as short