Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.026%
Price spread now: Bitget against BloFin−0.425%95s7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as 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−$1071.068% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)+0.366%+$37 · spread now −0.425%, 7d avg −0.064%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.362% cheaper against BloFin than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of −0.064%). Swap the legs. The two prices were read 95 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 -0.015% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AKT-USDT | 0.6584 | 0.0340 | pay 0.0170% / 4h | 1h 55m | $149K | $229K | 50x |
| Short | Bitget AKTUSDT | 0.6556 | 0.0100 | get 0.0050% / 4h | 1h 55m | $1.4M | $1.1M | 50x |
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
- −$50.4
- Price spread: −0.425% → −0.064%
- −$36.17
- Slippage, 4 orders
- −$82.76
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$193.33
- Costs to cover
- 1.068%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 20 min ago; Bitget: live order book, 1 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, 20 min ago | 6.88 bp | 25.1 bp −$25 | 51.7 bp −$517 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.81 bp | 19.7 bp −$20 | 79.4 bp −$794 | doesn't fit | doesn't fit |
AKT on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AKT/USDC PERP | +0.0033% | 1h | 0.6681 | +1.473% | $910 | $35K | 5.5x | as long as short |
| Binance AKTUSDT | +0.0100% | 4h | 0.6559 | −0.379% | $2.3M | $12.2M | 50x | as long as short |
| Bybit AKTUSDT | +0.0100% | 4h | 0.6555 | −0.440% | $1.8M | $5.9M | 25x | as long as short |
| Gate AKT_USDT | +0.0100% | 4h | 0.6556 | −0.425% | $324K | $361K | 50x | as long as short |
| MEXC AKT_USDT | +0.0100% | 4h | 0.6559 | −0.380% | $14.9M | $982K | 50x | as long as short |
| Bitget AKTUSDTshort | +0.0100% | 4h | 0.6556 | −0.425% | $1.4M | $1.1M | 50x | |
| BingX AKT-USDT | +0.0100% | 4h | 0.6558 | −0.395% | — | $1.5M | — | as long as short |
| Variational Omni AKT | +0.0100% | 4h | 0.6570 | −0.207% | $140K | $293K | — | as long as short |
| Extended AKT-USD | +0.0104% | 1h | 0.6555 | −0.435% | $82K | $488K | 10x | as long as short |
| BloFin AKT-USDTlong | +0.0340% | 4h | 0.6584 | long leg | $149K | $229K | 50x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AKTUSD | +0.0529% | 1h | 0.6561 | −0.348% | $21K | $76K | 10x | as long as short |
BloFin AKT-USDT
Bitget AKTUSDT
Injective AKT/USDC PERP
Binance AKTUSDT
Bybit AKTUSDT
Gate AKT_USDT
MEXC AKT_USDT
BingX AKT-USDT
Variational Omni AKT
Extended AKT-USD
Kraken Futures PF_AKTUSD