Funding you earn now, next payment 12:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h −0.028%
Price spread now: Bitget against BloFin+0.119%55s7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as 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−$2032.026% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 4 days (all we have)−0.199%−$20 · spread now +0.119%, 7d avg +0.045%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.075% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.045%. Mind the row above: over the last 7 days funding on this pair cost −0.154%, so the current rate has only just turned in your favour. The two prices were read 55 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 US-USDT | 0.01507 | 0.0080 | pay 0.0040% / 4h | 1h 30m | $456K | $45K | 10x |
| Short | Bitget USUSDT | 0.01509 | 0.0100 | get 0.0050% / 4h | 1h 30m | $4.0M | $337K | 10x |
BloFin US-USDT
Bitget USUSDTFunding 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
- $4.16
- Price spread: +0.119% → +0.045%
- $7.46
- Slippage, 4 orders
- −$178.63
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$191.01
- Costs to cover
- 2.026%
- Break-even
- 328.2 days
Slippage from BloFin: live order book, 13 min ago; Bitget: live order book, 1 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, 13 min ago | 2.33 bp | 38.5 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 6.30 bp | 66.8 bp −$67 | 237.3 bp −$2,373 | doesn't fit | doesn't fit |
US on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin USUSDTM | −0.0974% | 4h | 0.01497 | −0.683% | $3.1M | $703K | 20x | as long as short |
| BloFin US-USDTlong | +0.0080% | 4h | 0.01507 | long leg | $456K | $45K | 10x | |
| Binance USUSDT | +0.0100% | 4h | 0.01506 | −0.119% | $8.5M | $3.8M | 10x | as long as short |
| Bybit USUSDT | +0.0100% | 4h | 0.01507 | −0.046% | $3.0M | $1.2M | 20x | as long as short |
| Gate US_USDT | +0.0100% | 4h | 0.01502 | −0.385% | $1.9M | $788K | 20x | as long as short |
| MEXC US_USDT | +0.0100% | 4h | 0.01504 | −0.212% | $5.1M | $135K | 100x | as long as short |
| Bitget USUSDTshort | +0.0100% | 4h | 0.01509 | +0.119% | $4.0M | $337K | 10x | |
| BingX US-USDT | +0.0100% | 4h | 0.01506 | −0.100% | — | $1.3M | — | as long as short |
| Variational Omni US | +0.0100% | 4h | 0.01510 | +0.175% | $15K | $4K | — | as long as short |
| Extended US-USD | +0.0104% | 1h | 0.01504 | −0.225% | $4K | $205K | 5x | as long as short |
KuCoin USUSDTM
Binance USUSDT
Bybit USUSDT
Gate US_USDT
MEXC US_USDT
BingX US-USDT
Variational Omni US
Extended US-USDShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster USUSDT | +0.0221% | 4h | 0.01503 | −0.298% | $14K | $49K | 5x | as long as short |
Aster USUSDT