Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against BloFin−0.082%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$870.875% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 3 days (all we have)−0.024%−$2 · spread now −0.082%, 7d avg +0.027%
=Funding pays, the price is against you. Bitget is 0.109% cheaper against BloFin than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of +0.027%). If the spread goes back, that is −$11 on $10k: about 7.9 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.040% in total) that is about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ME-USDT | 0.07354 | 0.0054 | pay 0.0027% / 4h | 2h 08m | $108K | $8K | 50x |
| Short | Bitget MEUSDT | 0.07348 | 0.0100 | get 0.0050% / 4h | 2h 08m | $636K | $416K | 25x |
BloFin ME-USDT
Bitget MEUSDTFunding 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
- $9.67
- Price spread: −0.082% → +0.027%
- −$10.9
- Slippage, 4 orders
- −$63.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$88.71
- Costs to cover
- 0.875%
- Break-even
- 71.3 days
Slippage from BloFin: live order book, 70 min ago; Bitget: live order book, 11 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, 70 min ago | 2.70 bp | 22.2 bp −$22 | 64.3 bp −$643 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 11 min ago | 3.39 bp | 21.5 bp −$21 | 70.8 bp −$708 | doesn't fit | doesn't fit |
ME on 13 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 ME-USDTlong | +0.0054% | 4h | 0.07354 | long leg | $108K | $8K | 50x | |
| Hyperliquid ME | +0.0100% | 1h | 0.07347 | −0.095% | $231K | $98K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07351 | −0.044% | $17K | $11K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07350 | −0.054% | $2.1M | $3.8M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07348 | −0.082% | $1.5M | $625K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07346 | −0.109% | $468K | $976K | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07350 | −0.054% | $202K | $65K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07350 | −0.054% | $503K | $129K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07355 | +0.014% | $205K | $25K | 30x | as long as short |
| Bitget MEUSDTshort | +0.0100% | 4h | 0.07348 | −0.082% | $636K | $416K | 25x |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ME-USDT | +0.0100% | 4h | 0.07351 | −0.041% | — | $1.3M | — | as long as short |
| Variational Omni ME | +0.0100% | 4h | 0.07349 | −0.070% | $11K | $1K | — | as long as short |
| Reya MERUSDPERP | +0.0228% | 1h | 0.07351 | −0.042% | $26K | — | 15x | as long as short |
BingX ME-USDT
Variational Omni ME
Reya MERUSDPERP