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

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.37 per $10,000 · paid last 24h −0.010%
Price spread now: BloFin against Bitget−0.142%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.142% cheaper against Bitget than usual: you would sell low and buy high (spread −0.142% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 6.4 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CPUSDT0.014110.0100pay 0.0050% / 4h38m 51s$796K$1.7M20x
ShortBloFin CP-USDT0.014090.0174get 0.0087% / 4h38m 51s$428$43K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$15.55
Price spread: −0.142% → 0.000%
−$14.17
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$22.63
Costs to cover
0.240%
Break-even
17.2 days
Slippage unknown: Bitget: live order book, 3 min ago; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago8.16 bp28.0 bp −$28141.8 bp −$1,418doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CP on 8 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
BingX CP-USDT+0.0070%4h0.01410−0.071%$1.0Mas long as short
Gate CP_USDT+0.0100%4h0.01407−0.283%$603K$537K20xas long as short
KuCoin CPUSDTM+0.0100%4h0.01413+0.142%$206K$921K20xas long as short
Bitget CPUSDTlong+0.0100%4h0.01411long leg$796K$1.7M20x
MEXC CP_USDT+0.0120%4h0.01410−0.071%$1.5M$398K20xas long as short
OKX CP-USDT-SWAP+0.0135%4h0.01410−0.071%$4.0M$11.9M20xas long as short
BloFin CP-USDTshort+0.0174%4h0.01409−0.142%$428$43K20x
Bybit CPUSDT+0.1619%4h0.014110.000%$1.7M$3.2M20xas long as short