Funding you earn now, next payment 00:00 UTC+0.0216%/8h= +23.7% APRnext payment +$1.08 per $10,000 · paid last 24h −0.039%
Price spread now: BloFin against Bitget−0.230%65s7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as 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−$770.771% of the position
Funding, last 7 days−0.321%−$32 on $10k
+Price spread, last 3 days (all we have)+0.419%+$42 · spread now −0.230%, 7d avg +0.055%
=Funding pays, the price is against you. BloFin is 0.285% cheaper against Bitget than usual: you would sell low and buy high (spread −0.230% now, against its 7-day average of +0.055%). If the spread goes back, that is −$28 on $10k: about 4.4 days of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.321%, so the current rate has only just turned in your favour. The two prices were read 65 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 LAUSDT | 0.07405 | −0.0188 | get 0.0094% / 4h | 1h 28m | $2.0M | $524K | 25x |
| Short | BloFin LA-USDT | 0.07388 | 0.0028 | get 0.0014% / 4h | 1h 28m | $250K | $19K | 25x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $45.46
- Price spread: −0.230% → +0.055%
- −$28.48
- Slippage, 4 orders
- −$53.12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$60.14
- Costs to cover
- 0.771%
- Break-even
- 16.3 days
Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 48 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 | 3.38 bp | 20.4 bp −$20 | 127.4 bp −$1,274 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 0.67 bp | 12.4 bp −$12 | 28.4 bp −$284 | doesn't fit | doesn't fit |
LA 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0358% | 4h | 0.07417 | +0.162% | $249K | $796K | 50x | as long as short |
| Bitget LAUSDTlong | −0.0188% | 4h | 0.07405 | long leg | $2.0M | $524K | 25x | |
| BingX LA-USDT | −0.0180% | 4h | 0.07416 | +0.149% | — | $6.5M | — | as long as short |
| KuCoin LAUSDTM | −0.0058% | 4h | 0.07416 | +0.149% | $1.0M | $57K | 30x | as long as short |
| Aster LAUSDT | −0.0042% | 4h | 0.07416 | +0.151% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | −0.0012% | 4h | 0.07418 | +0.171% | $4.7M | $8.4M | 25x | as long as short |
| MEXC LA_USDT | 0.0000% | 4h | 0.07417 | +0.162% | $395K | $137K | 50x | as long as short |
| OKX LA-USDT-SWAP | +0.0014% | 4h | 0.07409 | +0.054% | $1.3M | $2.8M | 20x | as long as short |
| BloFin LA-USDTshort | +0.0028% | 4h | 0.07388 | −0.230% | $250K | $19K | 25x | |
| Bybit LAUSDT | +0.0100% | 4h | 0.07423 | +0.243% | $2.4M | $2.3M | 25x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perp | +0.0100% | 4h | 0.07388 | −0.233% | $146K | $468K | 10x | as long as short |
Bitget LAUSDT
BloFin LA-USDT
Gate LA_USDT
BingX LA-USDT
KuCoin LAUSDTM
Aster LAUSDT
Binance LAUSDT
MEXC LA_USDT
OKX LA-USDT-SWAP
Bybit LAUSDT
GRVT LA_USDT_Perp