Funding you earn now, next payment 12:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.12 per $10,000 · paid last 24h +0.008%
Price spread now: Bitget against BloFin+0.107%65s7-day average +0.010% · you sell dearer than you buy
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)−0.321%−$32 · spread now +0.107%, 7d avg +0.010%
=The price spread pays, funding is against you. Bitget is 0.098% dearer against BloFin than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.010%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. The two prices were read 65 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 | BloFin RED-USDT | 0.1587 | 0.0125 | pay 0.0062% / 4h | 3h 02m | $222K | $5K | 25x |
| Short | Bitget REDUSDT | 0.1589 | 0.0100 | get 0.0050% / 4h | 3h 02m | $800K | $360K | 20x |
BloFin RED-USDT
Bitget REDUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- −$5.19
- Price spread: +0.107% → +0.010%
- $9.76
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$19.43
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 64 min ago; Bitget: live order book, 28 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 BloFin live order book, 64 min ago | 6.31 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 28 min ago | 9.47 bp | 25.3 bp −$25 | 149.3 bp −$1,493 | doesn't fit | doesn't fit |
RED on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster REDUSDT | +0.0100% | 4h | 0.1587 | −0.019% | $28K | $40K | 5x | as long as short |
| Binance REDUSDT | +0.0100% | 4h | 0.1586 | −0.070% | $2.3M | $4.3M | 50x | as long as short |
| Bybit REDUSDT | +0.0100% | 4h | 0.1587 | −0.006% | $1.9M | $2.1M | 25x | as long as short |
| Gate RED_USDT | +0.0100% | 4h | 0.1588 | +0.044% | $361K | $96K | 25x | as long as short |
| Bitget REDUSDTshort | +0.0100% | 4h | 0.1589 | +0.107% | $800K | $360K | 20x | |
| Variational Omni RED | +0.0100% | 4h | 0.1588 | +0.069% | $28K | $4K | — | as long as short |
| SunX RED-USDT | +0.0100% | 4h | 0.1625 | +2.375% | $2K | $862K | 20x | as long as short |
| Extended RED-USD | +0.0104% | 1h | 0.1587 | −0.046% | $32 | — | 5x | as long as short |
| BloFin RED-USDTlong | +0.0125% | 4h | 0.1587 | long leg | $222K | $5K | 25x | |
| MEXC RED_USDT | +0.0342% | 4h | 0.1586 | −0.082% | $489K | $171K | 20x | as long as short |
Aster REDUSDT
Binance REDUSDT
Bybit REDUSDT
Gate RED_USDT
Variational Omni RED
SunX RED-USDT
Extended RED-USD
MEXC RED_USDT