Funding you earn now, next payment 12:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h −0.008%
Price spread now: BloFin against Bitget−0.038%7-day average −0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)+0.162%+$16 · spread now −0.038%, 7d avg −0.010%
=Funding pays, the price is against you. BloFin is 0.028% cheaper against Bitget than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of −0.010%). If the spread goes back, that is −$3 on $10k: about 2.7 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget REDUSDT | 0.1571 | 0.0100 | pay 0.0050% / 4h | 2h 18m | $789K | $363K | 20x |
| Short | BloFin RED-USDT | 0.1570 | 0.0135 | get 0.0067% / 4h | 2h 18m | $220K | $5K | 25x |
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
- $7.3
- Price spread: −0.038% → −0.010%
- −$2.8
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$19.5
- Costs to cover
- 0.240%
- Break-even
- 25.7 days
Slippage unknown: Bitget: live order book, 29 min ago; BloFin: live order book, 27 min ago. Net counts fees only.
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, 29 min ago | 12.65 bp | 36.3 bp −$36 | 140.7 bp −$1,407 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 27 min ago | 4.42 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
RED on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster REDUSDT | +0.0100% | 4h | 0.1572 | +0.082% | $29K | $38K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1566 | −0.318% | $2.3M | $4.2M | 50x | as long as short |
| Bybit REDUSDT | +0.0100% | 4h | 0.1568 | −0.165% | $1.8M | $2.1M | 25x | as long as short |
| Gate RED_USDT | +0.0100% | 4h | 0.1575 | +0.255% | $359K | $90K | 25x | as long as short |
| Bitget REDUSDTlong | +0.0100% | 4h | 0.1571 | long leg | $789K | $363K | 20x | |
| Variational Omni RED | +0.0100% | 4h | 0.1570 | −0.084% | $27K | $3K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1607 | +2.292% | $2K | $867K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1566 | −0.348% | $31 | — | 5x | as long as short |
| BloFin RED-USDTshort | +0.0135% | 4h | 0.1570 | −0.038% | $220K | $5K | 25x | |
| MEXC RED_USDT | +0.0342% | 4h | 0.1566 | −0.318% | $498K | $170K | 20x | as long as short |
Bitget REDUSDT
BloFin RED-USDT
Aster REDUSDT
Binance REDUSDT
Bybit REDUSDT
Gate RED_USDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
MEXC RED_USDT