Funding you earn now, next payment 12:00 UTC+0.0222%/8h= +24.3% APRnext payment +$1.11 per $10,000 · paid last 24h +0.031%
Price spread now: BloFin against Bitget−0.261%95s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as 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−$720.720% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)+0.340%+$34 · spread now −0.261%, 7d avg −0.001%
=Funding pays, the price is against you. BloFin is 0.260% cheaper against Bitget than usual: you would sell low and buy high (spread −0.261% now, against its 7-day average of −0.001%). If the spread goes back, that is −$26 on $10k: about 3.9 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.050% in total) that is about 36 days. 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 0.050% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.11 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 | Bitget BANKUSDT | 0.03445 | 0.0118 | pay 0.0059% / 4h | 1h 07m | $2.7M | $3.0M | 25x |
| Short | BloFin BANK-USDT | 0.03436 | 0.0340 | get 0.0170% / 4h | 1h 07m | $448K | $72K | 50x |
Bitget BANKUSDT
BloFin BANK-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
- $46.62
- Price spread: −0.261% → −0.001%
- −$26.03
- Slippage, 4 orders
- −$47.98
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.39
- Costs to cover
- 0.720%
- Break-even
- 14.7 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 36 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, 3 min ago | 2.91 bp | 21.4 bp −$21 | 369.7 bp −$3,697 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 36 min ago | 4.37 bp | 16.4 bp −$16 | 36.5 bp −$365 | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03440 | −0.139% | $55K | $76K | 5x | as long as short |
| Binance BANKUSDT | +0.0100% | 4h | 0.03445 | −0.004% | $7.4M | $26.0M | 50x | as long as short |
| Bybit BANKUSDT | +0.0100% | 4h | 0.03445 | 0.000% | $2.9M | $5.5M | 20x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03442 | −0.087% | $707K | $1.3M | 10x | as long as short |
| MEXC BANK_USDT | +0.0100% | 4h | 0.03443 | −0.058% | $2.4M | $428K | 20x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03440 | −0.145% | $1.1M | $162K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03443 | −0.058% | $40K | $194K | 20x | as long as short |
| BingX BANK-USDT | +0.0102% | 4h | 0.03445 | 0.000% | — | $6.9M | — | as long as short |
| edgeX BANKUSDC | +0.0108% | 4h | 0.03438 | −0.214% | $1K | $246K | 5x | as long as short |
| Bitget BANKUSDTlong | +0.0118% | 4h | 0.03445 | long leg | $2.7M | $3.0M | 25x |
Aster BANKUSDT
Binance BANKUSDT
Bybit BANKUSDT
Gate BANK_USDT
MEXC BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
BingX BANK-USDT
edgeX BANKUSDCShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BANK-USDTshort | +0.0340% | 4h | 0.03436 | −0.261% | $448K | $72K | 50x |