Funding you earn now, next payment 08:00 UTC−0.0462%/8h= −50.6% APRnext payment −$2.31 per $10,000 · paid last 24h −0.172%
Price spread now: Bitget against BloFin−0.028%85s7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$231as 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−$1901.902% of the position
Funding, last 7 days−0.412%−$41 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.028%, 7d avg −0.023%
=The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate. The two prices were read 85 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 M-USDT | 1.4276 | 0.0562 | pay 0.0281% / 4h | 3h 53m | $361K | $449K | 10x |
| Short | Bitget MUSDT | 1.4272 | 0.0100 | get 0.0050% / 4h | 3h 53m | $1.8M | $251K | 10x |
BloFin M-USDT
Bitget MUSDTFunding 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
- −$97.11
- Price spread: −0.028% → −0.023%
- −$0.5
- Slippage, 4 orders
- −$166.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$287.77
- Costs to cover
- 1.902%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 42 min ago; Bitget: live order book, 3 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, 42 min ago | 3.14 bp | 39.3 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 12.99 bp | 57.1 bp −$57 | 431.5 bp −$4,315 | doesn't fit | doesn't fit |
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4287 | +0.077% | $4.4M | $1.8M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4264 | −0.084% | $1.9M | $863K | 10x | as long as short |
| Bitget MUSDTshort | +0.0100% | 4h | 1.4272 | −0.028% | $1.8M | $251K | 10x | |
| Variational Omni M | +0.0100% | 4h | 1.4272 | −0.032% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4272 | −0.028% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4289 | +0.091% | $1K | $771K | 20x | as long as short |
| Aster MUSDT | +0.0368% | 4h | 1.4269 | −0.047% | $15K | $87K | 5x | as long as short |
| BingX M-USDT | +0.0510% | 4h | 1.4261 | −0.105% | — | $2.4M | — | as long as short |
| Binance MUSDT | +0.0523% | 4h | 1.4267 | −0.060% | $5.6M | $3.8M | 10x | as long as short |
| MEXC M_USDT | +0.0524% | 4h | 1.4266 | −0.070% | $236K | $105K | 50x | as long as short |
Bybit MUSDT
Gate M_USDT
Variational Omni M
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
BingX M-USDT
Binance MUSDT
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDTlong | +0.0562% | 4h | 1.4276 | long leg | $361K | $449K | 10x | |
| KuCoin MUSDTM | +0.1404% | 4h | 1.4128 | −1.037% | $1.4M | $3.9M | 10x | as long as short |
KuCoin MUSDTM