Funding you earn now, next payment 12:00 UTC−0.0410%/8h= −44.8% APRnext payment −$2.05 per $10,000 · paid last 24h −0.095%
Price spread now: Bitget against BloFin−0.041%65s7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$189as 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−$1661.662% of the position
Funding, last 7 days−0.226%−$23 on $10k
+Price spread, last 4 days (all we have)−1.221%−$122 · spread now −0.041%, 7d avg +0.070%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Bitget is 0.111% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.070%). Swap the legs. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.226% in total (about -11.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.05 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ACU-USDT | 0.1212 | 0.0542 | pay 0.0271% / 4h | 2h 18m | $116K | $61K | 10x |
| Short | Bitget ACUUSDT | 0.1211 | 0.0132 | get 0.0066% / 4h | 2h 18m | $235K | $258K | 10x |
BloFin ACU-USDT
Bitget ACUUSDTFunding 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
- −$86
- Price spread: −0.041% → +0.070%
- −$11.14
- Slippage, 4 orders
- −$142.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$263.31
- Costs to cover
- 1.662%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 25 min ago; Bitget: live order book, 28 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, 25 min ago | 3.72 bp | 28.7 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 28 min ago | 9.08 bp | 40.4 bp −$40 | 585.5 bp −$5,855 | doesn't fit | doesn't fit |
ACU on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACUUSDT | +0.0100% | 4h | 0.1211 | −0.066% | $854K | $667K | 13x | as long as short |
| OKX ACU-USDT-SWAP | +0.0100% | 4h | 0.1212 | +0.025% | $220K | $312K | 10x | as long as short |
| Gate ACU_USDT | +0.0100% | 4h | 0.1208 | −0.272% | $173K | $23K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1208 | −0.322% | $559K | $30K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1210 | −0.173% | $1K | $1.5M | 20x | as long as short |
| Bitget ACUUSDTshort | +0.0132% | 4h | 0.1211 | −0.041% | $235K | $258K | 10x | |
| Aster ACUUSDT | +0.0283% | 4h | 0.1210 | −0.130% | $2K | $5K | 5x | as long as short |
| BingX ACU-USDT | +0.0484% | 4h | 0.1211 | −0.041% | — | $1.3M | — | as long as short |
| MEXC ACU_USDT | +0.0502% | 4h | 0.1212 | −0.008% | $13.9M | $376K | 50x | as long as short |
| Binance ACUUSDT | +0.0503% | 4h | 0.1212 | −0.006% | $2.5M | $1.8M | 10x | as long as short |
Bybit ACUUSDT
OKX ACU-USDT-SWAP
Gate ACU_USDT
KuCoin ACUUSDTM
SunX ACU-USDT
Aster ACUUSDT
BingX ACU-USDT
MEXC ACU_USDT
Binance ACUUSDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ACU-USDTlong | +0.0542% | 4h | 0.1212 | long leg | $116K | $61K | 10x |