Funding you earn now, next payment 00:00 UTC+0.0594%/8h= +65.1% APRnext payment +$2.97 per $10,000 · paid last 24h +0.050%
Price spread now: BloFin against Bitget+0.050%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1231.234% of the position
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 3 days (all we have)+0.327%+$33 · spread now +0.050%, 7d avg +0.126%
=Funding pays, the price is against you. BloFin is 0.076% cheaper against Bitget than usual: you would sell low and buy high (spread +0.050% now, against its 7-day average of +0.126%). If the spread goes back, that is −$8 on $10k: about 10 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.193% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.193% in total (about 10.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.97 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget EDGEUSDT | 0.6018 | 0.0100 | pay 0.0050% / 4h | 49m 03s | $4.8M | $999K | 20x |
| Short | BloFin EDGE-USDT | 0.6021 | 0.0694 | get 0.0347% / 4h | 49m 03s | $641K | $129K | 50x |
Bitget EDGEUSDT
BloFin EDGE-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
- $124.79
- Price spread: +0.050% → +0.126%
- −$7.58
- Slippage, 4 orders
- −$99.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$6.19
- Costs to cover
- 1.234%
- Break-even
- 7.3 days
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 27 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, 4 min ago | 7.50 bp | 38.6 bp −$39 | 360.1 bp −$3,601 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 27 min ago | 5.97 bp | 24.2 bp −$24 | 88.4 bp −$884 | doesn't fit | doesn't fit |
EDGE on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDGE | +0.0096% | 1h | 0.6006 | −0.199% | $56K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.6015 | −0.050% | $7.1M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDTlong | +0.0100% | 4h | 0.6018 | long leg | $4.8M | $999K | 20x | |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.6020 | +0.040% | $59K | $100K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5988 | −0.503% | $194K | $131K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.6002 | −0.263% | $12K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.6007 | −0.183% | $8K | $289K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.6303 | +4.736% | $4K | $610K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0252% | 4h | 0.6019 | +0.017% | $2.1M | $2.2M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0634% | 4h | 0.6022 | +0.066% | $1.2M | $914K | 50x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
Backpack EDGE_USDC_PERP
Variational Omni EDGE
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
MEXC EDGE_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance EDGEUSDT | +0.0646% | 4h | 0.6024 | +0.095% | $10.2M | $10.1M | 50x | as long as short |
| Extended EDGE-USD | +0.0648% | 1h | 0.6020 | +0.040% | $27K | $230K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0656% | 4h | 0.6021 | +0.050% | $3K | — | 10x | as long as short |
| Aster EDGEUSDT | +0.0663% | 4h | 0.6012 | −0.107% | $69K | $136K | 5x | as long as short |
| BloFin EDGE-USDTshort | +0.0694% | 4h | 0.6021 | +0.050% | $641K | $129K | 50x | |
| edgeX EDGEUSDC | +0.0768% | 4h | 0.6010 | −0.132% | $14.4M | $3.5M | 30x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0803% | 4h | 0.6033 | +0.249% | $3.7M | $5.9M | 20x | as long as short |
Binance EDGEUSDT
Extended EDGE-USD
Orderly PERP_EDGE_USDC
Aster EDGEUSDT
edgeX EDGEUSDC
OKX EDGE-USDT-SWAP