Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.031%
Price spread now: Bitget against BloFin+0.079%105s7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as 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−$830.828% of the position
Funding, last 7 days+0.105%+$10 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.079%, 7d avg +0.104%
=Funding pays, the price is against you. Bitget is 0.025% cheaper against BloFin than usual: you would sell low and buy high (spread +0.079% now, against its 7-day average of +0.104%). If the spread goes back, that is −$3 on $10k: about 6.3 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.105% in total) that is about 40 hours. The two prices were read 105 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 | BloFin ID-USDT | 0.03814 | 0.0087 | pay 0.0043% / 4h | 2h 53m | $158K | $13K | 50x |
| Short | Bitget IDUSDT | 0.03817 | 0.0100 | get 0.0050% / 4h | 2h 53m | $811K | $632K | 50x |
BloFin ID-USDT
Bitget IDUSDTFunding 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
- $2.79
- Price spread: +0.079% → +0.104%
- −$2.52
- Slippage, 4 orders
- −$58.85
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$82.58
- Costs to cover
- 0.828%
- Break-even
- 213.9 days
Slippage from BloFin: live order book, 18 min ago; Bitget: live order book, 57 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, 18 min ago | 2.63 bp | 20.7 bp −$21 | 51.8 bp −$518 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 57 min ago | 6.50 bp | 23.7 bp −$24 | 179.5 bp −$1,795 | doesn't fit | doesn't fit |
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ID-USDTlong | +0.0087% | 4h | 0.03814 | long leg | $158K | $13K | 50x | |
| Aster IDUSDT | +0.0100% | 4h | 0.03815 | +0.036% | $9K | $2K | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03810 | −0.105% | $2.4M | $3.8M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03812 | −0.052% | $1.5M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03813 | −0.026% | $255K | $215K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03811 | −0.079% | $395K | $209K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03810 | −0.105% | $1.1M | $65K | 30x | as long as short |
| Bitget IDUSDTshort | +0.0100% | 4h | 0.03817 | +0.079% | $811K | $632K | 50x | |
| Variational Omni ID | +0.0100% | 8h | 0.03816 | +0.061% | $12K | $20K | — | as long as short |
| BingX ID-USDT | +0.0200% | 4h | 0.03812 | −0.052% | — | $2.3M | — | as long as short |
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Variational Omni ID
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0279% | 1h | 0.03809 | −0.133% | $4K | $5K | 10x | as long as short |
Kraken Futures PF_IDUSD