Funding you earn now, next payment 12:00 UTC−0.0416%/8h= −45.6% APRnext payment −$2.08 per $10,000 · paid last 24h −0.118%
Price spread now: Bitget against BloFin+0.017%7-day average −0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1421.421% of the position
Funding, last 7 days−0.273%−$27 on $10k
+Price spread, last 4 days (all we have)−0.291%−$29 · spread now +0.017%, 7d avg −0.125%
=The price spread pays, funding is against you. Bitget is 0.142% dearer against BloFin than usual: you sell high and buy low (spread +0.017% now, against its 7-day average of −0.125%): +$14 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.273% in total) that is about 3.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.273% in total (about -14.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.08 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 | BloFin EDGE-USDT | 0.5981 | 0.0516 | pay 0.0258% / 4h | 3h 52m | $669K | $106K | 50x |
| Short | Bitget EDGEUSDT | 0.5982 | 0.0100 | get 0.0050% / 4h | 3h 52m | $4.8M | $1.1M | 20x |
BloFin EDGE-USDT
Bitget EDGEUSDTFunding 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
- −$87.44
- Price spread: +0.017% → −0.125%
- $14.22
- Slippage, 4 orders
- −$118.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$215.28
- Costs to cover
- 1.421%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 24 min ago; Bitget: live order book, 5 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, 24 min ago | 7.52 bp | 27.2 bp −$27 | 132.9 bp −$1,329 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 7.49 bp | 44.6 bp −$45 | doesn't fit | 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 | 0.5972 | −0.155% | $44K | $22K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5978 | −0.050% | $7.3M | $3.4M | 25x | as long as short |
| Bitget EDGEUSDTshort | +0.0100% | 4h | 0.5982 | +0.017% | $4.8M | $1.1M | 20x | |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.5983 | +0.027% | $58K | $122K | 3.3x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5993 | +0.192% | $189K | $145K | — | as long as short |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5994 | +0.215% | $9K | $3.2M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5996 | +0.251% | $9K | $296K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5945 | −0.602% | $4K | $645K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0188% | 4h | 0.5985 | +0.067% | $2.1M | $2.2M | 50x | as long as short |
| Aster EDGEUSDT | +0.0368% | 4h | 0.5984 | +0.055% | $52K | $152K | 5x | 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
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin EDGE-USDTlong | +0.0516% | 4h | 0.5981 | long leg | $669K | $106K | 50x | |
| Binance EDGEUSDT | +0.0557% | 4h | 0.5982 | +0.014% | $10.4M | $11.0M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0564% | 4h | 0.5981 | 0.000% | $1.1M | $717K | 50x | as long as short |
| Extended EDGE-USD | +0.0568% | 1h | 0.5991 | +0.167% | $29K | $267K | 5x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0583% | 4h | 0.5992 | +0.184% | $3.8M | $6.2M | 20x | as long as short |
| edgeX EDGEUSDC | +0.0602% | 4h | 0.5991 | +0.166% | $14.4M | $3.7M | 30x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0654% | 4h | 0.5979 | −0.033% | $2K | $1K | 10x | as long as short |
Binance EDGEUSDT
MEXC EDGE_USDT
Extended EDGE-USD
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC
Orderly PERP_EDGE_USDC