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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1111.109% of the position
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CC-USDT | 0.1186 | 0.0340 | pay 0.0170% / 4h | 3h 57m | $591K | $108K | 75x |
| Short | Bitget CCUSDT | 0.1185 | 0.0100 | get 0.0050% / 4h | 3h 57m | $946K | $792K | 20x |
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: −0.059% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 13 min ago | 1.70 bp | 20.0 bp −$20 | 53.7 bp −$537 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 13 min ago | 4.23 bp | 47.1 bp −$47 | 119.7 bp −$1,197 | doesn't fit | doesn't fit |
CC on 19 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 CC/USDC PERP | −0.4522% | 1h | 0.1169 | −1.433% | $6K | $96 | 5.5x | as long as short |
| Bybit CCUSDT | −0.1411% | 4h | 0.1185 | −0.101% | $10.7M | $3.8M | 25x | as long as short |
| Gate CC_USDT | −0.0018% | 4h | 0.1185 | −0.118% | $367K | $210K | 50x | as long as short |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1185 | −0.073% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1187 | +0.101% | $5.5M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1185 | −0.058% | $35K | $38K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1185 | −0.110% | $11.2M | $11.3M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1186 | +0.008% | $2.6M | $3.5M | 20x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1185 | −0.118% | $1.6M | $312K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1186 | +0.034% | $502K | $116K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDTshort | +0.0100% | 4h | 0.1185 | −0.059% | $946K | $792K | 20x | |
| BingX CC-USDT | +0.0100% | 4h | 0.1185 | −0.110% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1185 | −0.051% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1185 | −0.115% | $591K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1186 | +0.025% | $86K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1185 | −0.105% | $6K | $36K | 6.7x | as long as short |
| BloFin CC-USDTlong | +0.0340% | 4h | 0.1186 | long leg | $591K | $108K | 75x | |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1187 | +0.046% | $44K | — | 50x | as long as short |
| Lighter CC | +0.0784% | 1h | 0.1190 | +0.304% | $237K | $152K | 5x | as long as short |
BloFin CC-USDT
Bitget CCUSDT
Injective CC/USDC PERP
Bybit CCUSDT
Gate CC_USDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
MEXC CC_USDT
KuCoin CCUSDTM
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
GMX CC/USD [WBTC.b-USDC]
Lighter CC