ATH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.10 per $10,000 · paid last 24h −0.004%

Price spread now: BloFin against Bitget+0.219%55s7-day average +0.102% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as 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−$1051.048% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 4 days (all we have)−0.331%−$33 · spread now +0.219%, 7d avg +0.102%

Together, before fees−0.322%−$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.118% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.102%. 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	Bitget ATHUSDT	0.005469	0.0100	pay 0.0050% / 4h	4m 19s	$1.5M	$889K	25x
Short	BloFin ATH-USDT	0.005481	0.0121	get 0.0060% / 4h	4m 19s	$166K	$69K	75x

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 +0.219%Rate

Funding earned: $4.33
Price spread: +0.219% → +0.102%: $11.77
Slippage, 4 orders: −$80.78
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$88.69
Costs to cover: 1.048%
Break-even: 150.4 days

Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 25 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, 2 min ago	7.31 bp	25.9 bp −$26	103.3 bp −$1,033	doesn't fit	doesn't fit
Sell BloFin live order book, 25 min ago	6.34 bp	34.2 bp −$34	81.1 bp −$811	doesn't fit	doesn't fit

ATH on 13 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_ATHUSD	−0.2891%	1h	0.005475	+0.114%	$19K	$106K	10x	as long as short
Variational Omni ATH	−0.0101%	4h	0.005466	−0.063%	$184K	$93K	—	as long as short
dYdX ATH-USD	0.0000%	1h	0.005493	+0.438%	$11K	$57	5x	as long as short
Aster ATHUSDT	+0.0100%	4h	0.005476	+0.135%	$5K	$42K	5x	as long as short
Binance ATHUSDT	+0.0100%	4h	0.005480	+0.193%	$3.3M	$4.3M	50x	as long as short
Bybit ATHUSDT	+0.0100%	4h	0.005466	−0.055%	$4.3M	$2.6M	25x	as long as short
OKX ATH-USDT-SWAP	+0.0100%	4h	0.005473	+0.073%	$700K	$1.3M	20x	as long as short
Gate ATH_USDT	+0.0100%	4h	0.005467	−0.037%	$783K	$589K	30x	as long as short
MEXC ATH_USDT	+0.0100%	4h	0.005481	+0.219%	$8.9M	$646K	50x	as long as short
KuCoin ATHUSDTM	+0.0100%	4h	0.005468	−0.018%	$551K	$79K	30x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ATHUSDTlong	+0.0100%	4h	0.005469	long leg	$1.5M	$889K	25x
BingX ATH-USDT	+0.0100%	4h	0.005472	+0.055%	—	$21.6M	—	as long as short
BloFin ATH-USDTshort	+0.0121%	4h	0.005481	+0.219%	$166K	$69K	75x