ALCH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1253%/8h= +137.2% APRnext payment +$6.26 per $10,000 · paid last 24h +0.292%

Price spread now: BloFin against Bitget−0.039%7-day average +0.150% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.451%+$45 on $10k

Price spread, last 3 days (all we have)−0.493%−$49 · spread now −0.039%, 7d avg +0.150%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.189% cheaper against Bitget than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of +0.150%). If the spread goes back, that is −$19 on $10k: about 12 hours of funding at the current rate (+$38 a day). At the pace of the last 7 days (+0.451% in total) that is about 2.9 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.451% in total (about 23.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.26 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	Bitget ALCHUSDT	0.05139	0.0100	pay 0.0050% / 4h	1h 42m	$923K	$1.8M	10x
Short	BloFin ALCH-USDT	0.05137	0.1353	get 0.0676% / 4h	1h 42m	$399K	$112K	10x

Funding 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

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BloFinbpOrdersPrice spread, now −0.039%Rate

Funding earned: $263.11
Price spread: −0.039% → +0.150%: −$18.88
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: $220.23
Costs to cover: 0.240%
Break-even: 1.1 days

Slippage unknown: Bitget: live order book, 4 min ago; BloFin: no order-book sample. Net counts fees only.

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, 4 min ago	8.77 bp	39.6 bp −$40	251.0 bp −$2,510	doesn't fit	doesn't fit
Sell BloFin no order-book sample	—	—	—	—	—

BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ALCH 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 ALCHUSDT	+0.0100%	4h	0.05135	−0.078%	$3.0M	$6.0M	20x	as long as short
Bitget ALCHUSDTlong	+0.0100%	4h	0.05139	long leg	$923K	$1.8M	10x
Variational Omni ALCH	+0.0100%	4h	0.05117	−0.436%	$3K	$17K	—	as long as short
Gate ALCH_USDT	+0.0286%	4h	0.05137	−0.039%	$284K	$665K	20x	as long as short
BingX ALCH-USDT	+0.1242%	4h	0.05139	0.000%	—	$6.7M	—	as long as short
Aster ALCHUSDT	+0.1251%	4h	0.05143	+0.084%	$13K	$101K	5x	as long as short
MEXC ALCH_USDT	+0.1326%	4h	0.05143	+0.078%	$4.9M	$2.4M	100x	as long as short
Binance ALCHUSDT	+0.1327%	4h	0.05145	+0.112%	$6.1M	$27.1M	10x	as long as short
BloFin ALCH-USDTshort	+0.1353%	4h	0.05137	−0.039%	$399K	$112K	10x
KuCoin ALCHUSDTM	+0.1548%	4h	0.05127	−0.234%	$1.2M	$276K	10x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ALCHUSD	+0.3855%	1h	0.05139	−0.008%	$11K	$32K	10x	as long as short