Funding you earn now, next payment 12:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.69 per $10,000 · paid last 24h +0.061%
Price spread now: BloFin against Bitget−0.043%45s7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as 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−$660.658% of the position
Funding, last 7 days+0.504%+$50 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now −0.043%, 7d avg −0.027%
=The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 45 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 | Bitget ETHFIUSDT | 0.6986 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $6.2M | $3.9M | 75x |
| Short | BloFin ETHFI-USDT | 0.6983 | 0.0238 | get 0.0119% / 4h | 2h 20m | $1.2M | $235K | 75x |
Bitget ETHFIUSDT
BloFin ETHFI-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
- $29
- Price spread: −0.043% → −0.027%
- −$1.62
- Slippage, 4 orders
- −$41.81
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$38.43
- Costs to cover
- 0.658%
- Break-even
- 16.3 days
Slippage from Bitget: live order book, 1 min ago; BloFin: 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 Bitget live order book, 1 min ago | 1.43 bp | 19.8 bp −$20 | 32.1 bp −$321 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.71 bp | 14.2 bp −$14 | 28.7 bp −$287 | 91.6 bp −$9,164 | doesn't fit |
ETHFI on 24 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0753% | 1h | 0.6975 | −0.157% | $42K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0305% | 4h | 0.6975 | −0.157% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFI | −0.0187% | 4h | 0.6976 | −0.142% | $932K | $743K | — | as long as short |
| HTX ETHFI-USDT | −0.0029% | 4h | 0.6975 | −0.157% | $83K | $135K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.636% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0047% | 8h | 0.6976 | −0.140% | $6K | — | 5x | as long as short |
| Extended ETHFI-USD | +0.0056% | 1h | 0.6973 | −0.188% | $106K | $500K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0058% | 4h | 0.6976 | −0.143% | $15.7M | $4.2M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0059% | 4h | 0.6975 | −0.163% | $24.4M | $33.1M | 75x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6987 | +0.013% | $1.1M | $729K | 5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Variational Omni ETHFI
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDT
Lighter ETHFIShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.6972 | −0.195% | $8K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6988 | +0.036% | $16.8M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6985 | −0.014% | $179K | $181K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.6979 | −0.100% | $17.2M | $12.1M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6982 | −0.057% | $5.1M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6981 | −0.072% | $1.7M | $1.8M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6979 | −0.100% | $1.2M | $190K | 50x | as long as short |
| Bitget ETHFIUSDTlong | +0.0100% | 4h | 0.6986 | long leg | $6.2M | $3.9M | 75x | |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.6980 | −0.086% | — | $11.6M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6989 | +0.043% | $53K | $148K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6991 | +0.072% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDTshort | +0.0238% | 4h | 0.6983 | −0.043% | $1.2M | $235K | 75x | |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.7040 | +0.773% | $32K | $5K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.1000% | 1h | 0.6995 | +0.130% | $299K | $298K | 20x | as long as short |
Aevo ETHFI-PERP
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD