Funding you earn now, next payment 08:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against BloFin+0.164%65s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$187as 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−$1881.883% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.164%, 7d avg +0.028%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.136% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.028%. 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 STABLE-USDT | 0.02435 | 0.0067 | pay 0.0033% / 4h | 40m 12s | $112K | $10K | 75x |
| Short | Bitget STABLEUSDT | 0.02439 | 0.0100 | get 0.0050% / 4h | 40m 12s | $281K | $89K | 25x |
Funding 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
- $6.99
- Price spread: +0.164% → +0.028%
- $13.61
- Slippage, 4 orders
- −$164.34
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$167.74
- Costs to cover
- 1.883%
- Break-even
- 174.9 days
Slippage from BloFin: live order book, 26 min ago; Bitget: live order book, 55 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 BloFin live order book, 26 min ago | 8.21 bp | 24.7 bp −$25 | 59.5 bp −$595 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 55 min ago | 6.14 bp | 68.9 bp −$69 | 272.1 bp −$2,721 | doesn't fit | doesn't fit |
STABLE on 15 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 STABLE-USDTlong | +0.0067% | 4h | 0.02435 | long leg | $112K | $10K | 75x | |
| Lighter STABLE | +0.0096% | 1h | 0.02452 | +0.686% | $113K | $10K | 3x | as long as short |
| Hyperliquid STABLE | +0.0100% | 1h | 0.02437 | +0.070% | $856K | $180K | 3x | as long as short |
| Aster STABLEUSDT | +0.0100% | 4h | 0.02438 | +0.108% | $18K | $9K | 20x | as long as short |
| Binance STABLEUSDT | +0.0100% | 4h | 0.02435 | +0.013% | $2.5M | $2.7M | 75x | as long as short |
| Bybit STABLEUSDT | +0.0100% | 4h | 0.02439 | +0.164% | $1.5M | $751K | 25x | as long as short |
| OKX STABLE-USDT-SWAP | +0.0100% | 4h | 0.02438 | +0.123% | $214K | $425K | 20x | as long as short |
| Gate STABLE_USDT | +0.0100% | 4h | 0.02438 | +0.123% | $174K | $56K | 50x | as long as short |
| MEXC STABLE_USDT | +0.0100% | 4h | 0.02436 | +0.041% | $582K | $163K | 20x | as long as short |
| KuCoin STABLEUSDTM | +0.0100% | 4h | 0.02445 | +0.411% | $179K | $27K | 30x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget STABLEUSDTshort | +0.0100% | 4h | 0.02439 | +0.164% | $281K | $89K | 25x | |
| BingX STABLE-USDT | +0.0100% | 4h | 0.02439 | +0.164% | — | $6.6M | — | as long as short |
| Variational Omni STABLE | +0.0100% | 4h | 0.02442 | +0.268% | $143K | $8K | — | as long as short |
| SunX STABLE-USDT | +0.0100% | 4h | 0.02438 | +0.140% | $1K | $925K | 20x | as long as short |
| Extended STABLE-USD | +0.0104% | 1h | 0.02435 | −0.015% | $13K | $187K | 10x | as long as short |
BloFin STABLE-USDT
Bitget STABLEUSDT
Lighter STABLE
Hyperliquid STABLE
Aster STABLEUSDT
Binance STABLEUSDT
Bybit STABLEUSDT
OKX STABLE-USDT-SWAP
Gate STABLE_USDT
MEXC STABLE_USDT
KuCoin STABLEUSDTM
BingX STABLE-USDT
Variational Omni STABLE
SunX STABLE-USDT
Extended STABLE-USD