Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.004%
Price spread now: Bitget against BloFin+0.062%7-day average −0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$940.941% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 3 days (all we have)−0.062%−$6 · spread now +0.062%, 7d avg −0.162%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.224% dearer against BloFin than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.162%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MASK-USDT | 0.4849 | 0.0072 | pay 0.0036% / 4h | 26m 51s | $129K | $20K | 50x |
| Short | Bitget MASKUSDT | 0.4852 | 0.0100 | get 0.0050% / 4h | 26m 51s | $511K | $1.4M | 50x |
Funding 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
- $5.89
- Price spread: +0.062% → −0.162%
- $22.43
- Slippage, 4 orders
- −$70.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$65.74
- Costs to cover
- 0.941%
- Break-even
- 85.1 days
Slippage from BloFin: live order book, 34 min ago; Bitget: 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 BloFin live order book, 34 min ago | 1.03 bp | 11.5 bp −$11 | 44.5 bp −$445 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 7.21 bp | 25.8 bp −$26 | 144.6 bp −$1,446 | doesn't fit | doesn't fit |
MASK on 10 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 MASKUSDT | −0.0457% | 4h | 0.4849 | 0.000% | $1.3M | $1.9M | 50x | as long as short |
| Variational Omni MASK | −0.0136% | 4h | 0.4848 | −0.022% | $23K | $1 | — | as long as short |
| BloFin MASK-USDTlong | +0.0072% | 4h | 0.4849 | long leg | $129K | $20K | 50x | |
| Binance MASKUSDT | +0.0100% | 4h | 0.4852 | +0.061% | $2.6M | $9.8M | 50x | as long as short |
| OKX MASK-USDT-SWAP | +0.0100% | 8h | 0.4848 | −0.021% | $501K | $3.1M | 20x | as long as short |
| Gate MASK_USDT | +0.0100% | 8h | 0.4853 | +0.082% | $274K | $658K | 50x | as long as short |
| MEXC MASK_USDT | +0.0100% | 8h | 0.4850 | +0.021% | $1.1M | $328K | 50x | as long as short |
| KuCoin MASKUSDTM | +0.0100% | 4h | 0.4853 | +0.082% | $600K | $229K | 50x | as long as short |
| Bitget MASKUSDTshort | +0.0100% | 4h | 0.4852 | +0.062% | $511K | $1.4M | 50x | |
| BingX MASK-USDT | +0.0100% | 4h | 0.4852 | +0.062% | — | $2.3M | — | as long as short |
BloFin MASK-USDT
Bitget MASKUSDT
Bybit MASKUSDT
Variational Omni MASK
Binance MASKUSDT
OKX MASK-USDT-SWAP
Gate MASK_USDT
MEXC MASK_USDT
KuCoin MASKUSDTM
BingX MASK-USDT