ATH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.14 per $10,000 · paid last 24h +0.004%

Price spread now: Bitget against BloFin+0.347%105s7-day average −0.109% · you sell dearer than you buy

Net, funding: paid 7d − costs−$121as 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−$1201.204% of the position

Long on BloFin Short on Bitget

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)−0.286%−$29 · spread now +0.347%, 7d avg −0.109%

Together, before fees−0.294%−$29 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.455% dearer against BloFin than usual: you sell high and buy low (spread +0.347% now, against its 7-day average of −0.109%): +$46 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 53 days. At the pace of the last 7 days (−0.009% in total) that is about 12 months. The two prices were read 105 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 ATH-USDT	0.005480	0.0129	pay 0.0064% / 4h	1h 43m	$168K	$72K	75x
Short	Bitget ATHUSDT	0.005499	0.0100	get 0.0050% / 4h	1h 43m	$1.5M	$846K	25x

Funding 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 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 BloFinbpFee BitgetbpOrdersPrice spread, now +0.347%Rate

Funding earned: −$6.05
Price spread: +0.347% → −0.109%: $45.55
Slippage, 4 orders: −$96.44
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$80.94
Costs to cover: 1.204%
Break-even: never at this rate

Slippage from BloFin: live order book, 76 min ago; Bitget: live order book, 3 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, 76 min ago	4.53 bp	30.5 bp −$30	80.3 bp −$803	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	7.29 bp	36.5 bp −$37	148.5 bp −$1,485	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	−0.3213%	1h	0.005490	+0.174%	$19K	$106K	10x	as long as short
Variational Omni ATH	−0.0112%	4h	0.005477	−0.054%	$184K	$93K	—	as long as short
dYdX ATH-USD	0.0000%	1h	0.005504	+0.437%	$11K	$57	5x	as long as short
Aster ATHUSDT	+0.0100%	4h	0.005504	+0.436%	$5K	$41K	5x	as long as short
Binance ATHUSDT	+0.0100%	4h	0.005504	+0.444%	$3.3M	$4.1M	50x	as long as short
Bybit ATHUSDT	+0.0100%	4h	0.005491	+0.201%	$4.3M	$2.5M	25x	as long as short
OKX ATH-USDT-SWAP	+0.0100%	4h	0.005495	+0.274%	$700K	$1.3M	20x	as long as short
Gate ATH_USDT	+0.0100%	4h	0.005495	+0.274%	$786K	$558K	30x	as long as short
MEXC ATH_USDT	+0.0100%	4h	0.005504	+0.438%	$8.8M	$621K	50x	as long as short
KuCoin ATHUSDTM	+0.0100%	4h	0.005494	+0.255%	$555K	$77K	30x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ATHUSDTshort	+0.0100%	4h	0.005499	+0.347%	$1.5M	$846K	25x
BingX ATH-USDT	+0.0100%	4h	0.005495	+0.274%	—	$21.7M	—	as long as short
BloFin ATH-USDTlong	+0.0129%	4h	0.005480	long leg	$168K	$72K	75x