Funding you earn now, next payment 08:00 UTC−0.0517%/8h= −56.7% APRnext payment −$5.17 per $10,000 · paid last 24h −0.055%
Price spread now: Bitget against BloFin−0.052%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$570.573% of the position
Funding, last 7 days−0.297%−$30 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now −0.052%, 7d avg −0.004%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Bitget is 0.048% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.004%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.297% in total (about -15.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.17 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AMAT-USDT | 460.59 | −0.0012 | get 0.0012% / 8h | 1h 16m | $107K | $116K | 20x |
| Short | Bitget AMATUSDT | 460.35 | −0.0529 | pay 0.0529% / 8h | 1h 16m | $1.9M | $1.8M | 20x |
BloFin AMAT-USDT
Bitget AMATUSDTFunding 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
- −$108.67
- Price spread: −0.052% → −0.004%
- −$4.84
- Slippage, 4 orders
- −$33.28
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$170.79
- Costs to cover
- 0.573%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 54 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, 54 min ago | 1.84 bp | 11.6 bp −$12 | 27.6 bp −$276 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.13 bp | 21.7 bp −$22 | 132.7 bp −$1,327 | doesn't fit | doesn't fit |
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AMATUSDTshort | −0.0529% | 8h | 460.35 | −0.052% | $1.9M | $1.8M | 20x | |
| BloFin AMAT-USDTlong | −0.0012% | 8h | 460.59 | long leg | $107K | $116K | 20x | |
| Aster AMATUSDT | 0.0000% | 8h | 460.01 | −0.125% | $10K | $10K | 20x | as long as short |
| Extended AMAT-USD | 0.0000% | 1h | 460.07 | −0.113% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDT | 0.0000% | 8h | 460.32 | −0.059% | $8.4M | $14.1M | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 460.26 | −0.072% | $840K | $693K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 460.91 | +0.069% | $1.4M | $1.6M | 20x | as long as short |
| Gate AMAT_USDT | 0.0000% | 8h | 460.70 | +0.024% | $1.5M | $6.1M | 50x | as long as short |
| Variational Omni AMAT | 0.0000% | 8h | 459.72 | −0.188% | $64K | $44K | — | as long as short |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 460.09 | −0.109% | $400 | $113K | 10x | as long as short |
Aster AMATUSDT
Extended AMAT-USD
Binance AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Gate AMAT_USDT
Variational Omni AMAT
GRVT AMAT_USDT_PerpShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest AMAT-USD-PERP | +0.0046% | 1h | 460.48 | −0.024% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 460.03 | −0.122% | $2.5M | $2.3M | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 459.39 | −0.261% | $398K | $532K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 459.77 | −0.178% | $1K | $385K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 461.11 | +0.113% | $168K | $39K | 20x | as long as short |
| Phoenix AMAT | +0.0277% | 1h | 460.02 | −0.124% | $18K | $114K | 10x | as long as short |
Vest AMAT-USD-PERP
tradeXYZ xyz:AMAT
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
Phoenix AMAT