AR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h −0.024%

Price spread now: BloFin against Bitget+0.224%85s7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as 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−$730.731% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.224%, 7d avg +0.030%

Together, before fees+0.028%+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.194% dearer against Bitget than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.030%. The two prices were read 85 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	Bitget ARUSDT	4.4630	0.0100	pay 0.0100% / 8h	1h 51m	$3.8M	$5.6M	75x
Short	BloFin AR-USDT	4.4730	0.0220	get 0.0220% / 8h	1h 51m	$415K	$668K	20x

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

click an exchange to add or hide it

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 +0.224%Rate

Funding earned: $25.2
Price spread: +0.224% → +0.030%: $19.41
Slippage, 4 orders: −$49.11
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$28.5
Costs to cover: 0.731%
Break-even: 14.9 days

Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 30 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	3.36 bp	24.7 bp −$25	89.4 bp −$894	doesn't fit	doesn't fit
Sell BloFin live order book, 30 min ago	2.23 bp	14.2 bp −$14	36.8 bp −$368	doesn't fit	doesn't fit

AR on 17 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
Kraken Futures PF_ARUSD	−0.1937%	1h	4.4665	+0.079%	$46K	$154K	20x	as long as short
GMX AR/USD [WBTC.b-USDC]	L −0.0140% / S +0.0551%	1h	4.4690	+0.134%	$574K	—	50x	as long as short
Injective AR/USDC PERP	+0.0033%	1h	4.5720	+2.442%	$3K	$339	5.5x	as long as short
OKX AR-USDT-SWAP	+0.0091%	8h	4.4630	0.000%	$2.2M	$20.5M	20x	as long as short
Hyperliquid AR	+0.0100%	1h	4.4739	+0.244%	$3.8M	$4.8M	5x	as long as short
Aster ARUSDT	+0.0100%	8h	4.4717	+0.194%	$20K	$621K	10x	as long as short
Binance ARUSDT	+0.0100%	8h	4.4670	+0.090%	$8.7M	$55.8M	75x	as long as short
Bybit ARUSDT	+0.0100%	8h	4.4660	+0.067%	$4.6M	$8.9M	75x	as long as short
Gate AR_USDT	+0.0100%	8h	4.4660	+0.067%	$2.5M	$2.3M	50x	as long as short
MEXC AR_USDT	+0.0100%	8h	4.4670	+0.090%	$6.8M	$4.5M	100x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ARUSDTM	+0.0100%	8h	4.4670	+0.090%	$1.4M	$1.2M	50x	as long as short
Bitget ARUSDTlong	+0.0100%	8h	4.4630	long leg	$3.8M	$5.6M	75x
BingX AR-USDT	+0.0100%	8h	4.4640	+0.022%	—	$2.9M	—	as long as short
Variational Omni AR	+0.0100%	8h	4.4736	+0.238%	$135K	$174K	—	as long as short
ApeX Omni ARUSDT	+0.0100%	1h	4.4890	+0.583%	$57K	$747K	50x	as long as short
Extended AR-USD	+0.0104%	1h	4.4663	+0.074%	$36K	$237K	10x	as long as short
BloFin AR-USDTshort	+0.0220%	8h	4.4730	+0.224%	$415K	$668K	20x