Funding you earn now, next payment 04:00 UTC+0.0087%/8h= +9.5% APRnext payment +$0.43 per $10,000 · paid last 24h +0.034%
Price spread now: BloFin against Bitget−0.146%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1921.918% of the position
Funding, last 7 days+0.175%+$17 on $10k
+Price spread, last 4 days (all we have)+0.306%+$31 · spread now −0.146%, 7d avg −0.034%
=Funding pays, the price is against you. BloFin is 0.112% cheaper against Bitget than usual: you would sell low and buy high (spread −0.146% now, against its 7-day average of −0.034%). If the spread goes back, that is −$11 on $10k: about 4.3 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget USUSDT | 0.01641 | 0.0442 | pay 0.0221% / 4h | 1h 36m | $4.3M | $256K | 10x |
| Short | BloFin US-USDT | 0.01639 | 0.0529 | get 0.0264% / 4h | 1h 36m | $481K | $49K | 10x |
Bitget USUSDT
BloFin US-USDTFunding 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
- $18.23
- Price spread: −0.146% → −0.034%
- −$11.19
- Slippage, 4 orders
- −$167.83
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$184.79
- Costs to cover
- 1.918%
- Break-even
- 78.0 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 4 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, 1 min ago | 14.62 bp | 61.0 bp −$61 | 455.9 bp −$4,559 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 2.44 bp | 36.3 bp −$36 | 65.0 bp −$650 | doesn't fit | doesn't fit |
US 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit USUSDT | +0.0100% | 4h | 0.01639 | −0.140% | $3.2M | $915K | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01636 | −0.293% | $2.1M | $592K | 20x | as long as short |
| KuCoin USUSDTM | +0.0100% | 4h | 0.01636 | −0.317% | $4.1M | $289K | 20x | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01640 | −0.080% | $16K | $3K | — | as long as short |
| Bitget USUSDTlong | +0.0442% | 4h | 0.01641 | long leg | $4.3M | $256K | 10x | |
| BingX US-USDT | +0.0470% | 4h | 0.01638 | −0.158% | — | $1.3M | — | as long as short |
| Aster USUSDT | +0.0479% | 4h | 0.01639 | −0.146% | $12K | $54K | 5x | as long as short |
| Extended US-USD | +0.0488% | 1h | 0.01638 | −0.211% | $1K | $97K | 5x | as long as short |
| MEXC US_USDT | +0.0488% | 4h | 0.01638 | −0.171% | $5.5M | $112K | 100x | as long as short |
| Binance USUSDT | +0.0489% | 4h | 0.01638 | −0.183% | $9.1M | $3.3M | 10x | as long as short |
Bybit USUSDT
Gate US_USDT
KuCoin USUSDTM
Variational Omni US
BingX US-USDT
Aster USUSDT
Extended US-USD
MEXC US_USDT
Binance USUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin US-USDTshort | +0.0529% | 4h | 0.01639 | −0.146% | $481K | $49K | 10x |