Settings8H · net · $10k
Funding arb · Price arb /

CC

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Bitget against BloFin−0.059%75s7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1111.109% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.309%−$31 on $10k
Price spread, last 3 days (all we have)+0.067%+$7 · spread now −0.059%, 7d avg +0.054%
Together, before fees−0.242%−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.113% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.054%). Swap the legs. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CC-USDT0.11860.0340pay 0.0170% / 4h3h 57m$591K$108K75x
ShortBitget CCUSDT0.11850.0100get 0.0050% / 4h3h 57m$946K$792K20x

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 it
latest
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: −0.059% → +0.054%
−$11.26
Slippage, 4 orders
−$86.91
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$172.57
Costs to cover
1.109%
Break-even
never at this rate
Slippage from BloFin: live order book, 13 min ago; Bitget: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 13 min ago1.70 bp20.0 bp −$2053.7 bp −$537doesn't fitdoesn't fit
Sell Bitget live order book, 13 min ago4.23 bp47.1 bp −$47119.7 bp −$1,197doesn't fitdoesn't fit

CC on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CC/USDC PERP−0.4522%1h0.1169−1.433%$6K$965.5xas long as short
Bybit CCUSDT−0.1411%4h0.1185−0.101%$10.7M$3.8M25xas long as short
Gate CC_USDT−0.0018%4h0.1185−0.118%$367K$210K50xas long as short
Paradex CC-USD-PERP+0.0098%8h0.1185−0.073%$1K5xas long as short
Hyperliquid CC+0.0100%1h0.1187+0.101%$5.5M$1.4M3xas long as short
Aster CCUSDT+0.0100%4h0.1185−0.058%$35K$38K20xas long as short
Binance CCUSDT+0.0100%4h0.1185−0.110%$11.2M$11.3M75xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1186+0.008%$2.6M$3.5M20xas long as short
MEXC CC_USDT+0.0100%4h0.1185−0.118%$1.6M$312K100xas long as short
KuCoin CCUSDTM+0.0100%4h0.1186+0.034%$502K$116K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CCUSDTshort+0.0100%4h0.1185−0.059%$946K$792K20x
BingX CC-USDT+0.0100%4h0.1185−0.110%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1185−0.051%$16K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1185−0.115%$591K$43Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1186+0.025%$86K$2.3M10xas long as short
Derive CC-PERP+0.0100%1h0.1185−0.105%$6K$36K6.7xas long as short
BloFin CC-USDTlong+0.0340%4h0.1186long leg$591K$108K75x
GMX CC/USD [WBTC.b-USDC]L +0.0448% / S −0.0241%1h0.1187+0.046%$44K50xas long as short
Lighter CC+0.0784%1h0.1190+0.304%$237K$152K5xas long as short