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

ESP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Bitget−0.349%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$970.971% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.132%−$13 on $10k
Price spread, last 4 days (all we have)+0.637%+$64 · spread now −0.349%, 7d avg −0.029%
Together, before fees+0.505%+$50 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.320% cheaper against Bitget than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ESPUSDT0.094070.0100pay 0.0050% / 4h3h 54m$945K$137K20x
ShortBloFin ESP-USDT0.093740.0102get 0.0051% / 4h3h 54m$124K$33K25x

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
$0.35
Price spread: −0.349% → −0.029%
−$31.98
Slippage, 4 orders
−$73.08
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$128.7
Costs to cover
0.971%
Break-even
2548.3 days
Slippage from Bitget: live order book, 61 min ago; BloFin: live order book, 34 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 Bitget live order book, 61 min ago13.15 bp23.0 bp −$2391.2 bp −$912doesn't fitdoesn't fit
Sell BloFin live order book, 34 min ago1.07 bp18.9 bp −$1947.5 bp −$475doesn't fitdoesn't fit

ESP on 11 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 ESP-USDT+0.0036%4h0.09405−0.019%$1.7Mas long as short
Aster ESPUSDT+0.0100%4h0.09394−0.132%$6K$18K5xas long as short
Binance ESPUSDT+0.0100%4h0.09405−0.017%$2.4M$4.1M25xas long as short
OKX ESP-USDT-SWAP+0.0100%4h0.09412+0.055%$596K$1.1M20xas long as short
Gate ESP_USDT+0.0100%8h0.09401−0.062%$175K$589K50xas long as short
MEXC ESP_USDT+0.0100%4h0.09400−0.072%$1.3M$120K20xas long as short
KuCoin ESPUSDTM+0.0100%4h0.09405−0.019%$1.5M$45K25xas long as short
Bitget ESPUSDTlong+0.0100%4h0.09407long leg$945K$137K20x
Bybit ESPUSDT+0.0101%4h0.09389−0.189%$1.1M$612K50xas long as short
BloFin ESP-USDTshort+0.0102%4h0.09374−0.349%$124K$33K25x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ESPUSDC+0.0105%4h0.09386−0.222%$29K$266K10xas long as short