Funding you earn now, next payment 12:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.004%
Price spread now: Bitget against BloFin−0.229%55s7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as 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−$1271.267% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.229%, 7d avg −0.009%
=Funding pays, the price is against you. Bitget is 0.220% cheaper against BloFin than usual: you would sell low and buy high (spread −0.229% now, against its 7-day average of −0.009%). If the spread goes back, that is −$22 on $10k: about 12 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.012% in total) that is about 4 months. The two prices were read 55 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 AWE-USDT | 0.06432 | 0.0040 | pay 0.0020% / 4h | 3h 02m | $139K | $26K | 40x |
| Short | Bitget AWEUSDT | 0.06417 | 0.0100 | get 0.0050% / 4h | 3h 02m | $435K | $198K | 40x |
BloFin AWE-USDT
Bitget AWEUSDTFunding 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
- $12.57
- Price spread: −0.229% → −0.009%
- −$21.99
- Slippage, 4 orders
- −$102.73
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$136.15
- Costs to cover
- 1.267%
- Break-even
- 82.8 days
Slippage from BloFin: live order book, 62 min ago; Bitget: live order book, 23 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, 62 min ago | 2.35 bp | 22.9 bp −$23 | 89.1 bp −$891 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 23 min ago | 3.77 bp | 36.0 bp −$36 | 206.7 bp −$2,067 | doesn't fit | doesn't fit |
AWE 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 AWE-USDTlong | +0.0040% | 4h | 0.06432 | long leg | $139K | $26K | 40x | |
| Aster AWEUSDT | +0.0100% | 4h | 0.06419 | −0.209% | $2K | $5K | 5x | as long as short |
| Binance AWEUSDT | +0.0100% | 4h | 0.06428 | −0.069% | $2.2M | $1.1M | 40x | as long as short |
| Bybit AWEUSDT | +0.0100% | 4h | 0.06427 | −0.078% | $552K | $218K | 25x | as long as short |
| MEXC AWE_USDT | +0.0100% | 4h | 0.06426 | −0.093% | $1.1M | $135K | 20x | as long as short |
| KuCoin AWEUSDTM | +0.0100% | 4h | 0.06422 | −0.155% | $130K | $50K | 20x | as long as short |
| Bitget AWEUSDTshort | +0.0100% | 4h | 0.06417 | −0.229% | $435K | $198K | 40x | |
| BingX AWE-USDT | +0.0100% | 4h | 0.06431 | −0.016% | — | $6.6M | — | as long as short |
| Gate AWE_USDT | +0.1651% | 8h | 0.06430 | −0.031% | $58K | $30K | 25x | as long as short |
Aster AWEUSDT
Binance AWEUSDT
Bybit AWEUSDT
MEXC AWE_USDT
KuCoin AWEUSDTM
BingX AWE-USDT
Gate AWE_USDT