Funding you earn now, next payment 08:00 UTC−0.0043%/8h= −4.7% APRnext payment −$0.22 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Bitget+0.462%65s7-day average +0.178% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as 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−$1361.357% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)−0.344%−$34 · spread now +0.462%, 7d avg +0.178%
=The price spread pays, funding is against you. BloFin is 0.284% dearer against Bitget than usual: you sell high and buy low (spread +0.462% now, against its 7-day average of +0.178%): +$28 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days. At the pace of the last 7 days (−0.019% in total) that is about 3 months. 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 | Bitget SPACEUSDT | 0.005190 | 0.0100 | pay 0.0050% / 4h | 40m 06s | $910K | $281K | 20x |
| Short | BloFin SPACE-USDT | 0.005214 | 0.0057 | get 0.0028% / 4h | 40m 06s | $162K | $12K | 50x |
Bitget SPACEUSDT
BloFin SPACE-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
- −$9.11
- Price spread: +0.462% → +0.178%
- $28.43
- Slippage, 4 orders
- −$111.69
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$116.37
- Costs to cover
- 1.357%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 61 min ago; BloFin: live order book, 30 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, 61 min ago | 6.77 bp | 42.6 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 7.68 bp | 28.4 bp −$28 | 81.0 bp −$810 | doesn't fit | doesn't fit |
SPACE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPACE-USDTshort | +0.0057% | 4h | 0.005214 | +0.462% | $162K | $12K | 50x | |
| Binance SPACEUSDT | +0.0100% | 4h | 0.005202 | +0.231% | $1.9M | $2.4M | 50x | as long as short |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.005195 | +0.096% | $807K | $190K | 13x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005189 | −0.019% | $1.6M | $1.3M | 20x | as long as short |
| Gate SPACE_USDT | +0.0100% | 4h | 0.005195 | +0.096% | $780K | $330K | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005203 | +0.250% | $482K | $162K | 20x | as long as short |
| Bitget SPACEUSDTlong | +0.0100% | 4h | 0.005190 | long leg | $910K | $281K | 20x | |
| KuCoin SPACEUSDTM | +0.0312% | 4h | 0.005194 | +0.077% | $664K | $101K | 20x | as long as short |
| Aster SPACEUSDT | +0.1223% | 4h | 0.005194 | +0.085% | $17K | $36K | 5x | as long as short |
Binance SPACEUSDT
Bybit SPACEUSDT
OKX SPACE-USDT-SWAP
Gate SPACE_USDT
MEXC SPACE_USDT
KuCoin SPACEUSDTM
Aster SPACEUSDT