Funding you earn now, next payment 12:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.25 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against BloFin−0.616%95s7-day average −0.178% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as 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−$1251.254% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+0.497%+$50 · spread now −0.616%, 7d avg −0.178%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.438% cheaper against BloFin than usual: you would sell low and buy high (−$44 if the spread goes back to its 7-day average of −0.178%). Swap the legs. The two prices were read 95 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 SPACE-USDT | 0.005192 | 0.0149 | pay 0.0075% / 4h | 3h 55m | $164K | $12K | 50x |
| Short | Bitget SPACEUSDT | 0.005160 | 0.0100 | get 0.0050% / 4h | 3h 55m | $905K | $275K | 20x |
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
- −$10.3
- Price spread: −0.616% → −0.178%
- −$43.82
- Slippage, 4 orders
- −$101.43
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$179.55
- Costs to cover
- 1.254%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 9 min ago; Bitget: live order book, 40 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, 9 min ago | 2.89 bp | 29.0 bp −$29 | 163.5 bp −$1,635 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 40 min ago | 8.72 bp | 39.8 bp −$40 | 207.8 bp −$2,078 | doesn't fit | doesn't fit |
SPACE on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SPACEUSDT | +0.0100% | 4h | 0.005171 | −0.404% | $1.8M | $2.3M | 50x | as long as short |
| Bybit SPACEUSDT | +0.0100% | 4h | 0.005161 | −0.597% | $804K | $186K | 13x | as long as short |
| OKX SPACE-USDT-SWAP | +0.0100% | 4h | 0.005160 | −0.616% | $1.6M | $1.3M | 20x | as long as short |
| Gate SPACE_USDT | +0.0100% | 4h | 0.005166 | −0.501% | $776K | $319K | 20x | as long as short |
| MEXC SPACE_USDT | +0.0100% | 4h | 0.005168 | −0.462% | $458K | $165K | 20x | as long as short |
| Bitget SPACEUSDTshort | +0.0100% | 4h | 0.005160 | −0.616% | $905K | $275K | 20x | |
| BloFin SPACE-USDTlong | +0.0149% | 4h | 0.005192 | long leg | $164K | $12K | 50x | |
| KuCoin SPACEUSDTM | +0.0178% | 4h | 0.005173 | −0.366% | $662K | $98K | 20x | as long as short |
| Aster SPACEUSDT | +0.1364% | 4h | 0.005180 | −0.231% | $17K | $36K | 5x | as long as short |
BloFin SPACE-USDT
Bitget SPACEUSDT
Binance SPACEUSDT
Bybit SPACEUSDT
OKX SPACE-USDT-SWAP
Gate SPACE_USDT
MEXC SPACE_USDT
KuCoin SPACEUSDTM
Aster SPACEUSDT