BARD

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.24 per $10,000 · paid last 24h −0.004%

Price spread now: BloFin against Bitget−0.074%65s7-day average +0.062% · you buy dearer than you sell

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−$1141.136% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.097%+$10 on $10k

Price spread, last 3 days (all we have)+0.336%+$34 · spread now −0.074%, 7d avg +0.062%

Together, before fees+0.432%+$43 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.135% cheaper against Bitget than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.062%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.097%, so the current rate has only just turned against you. The two prices were read 65 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 BARDUSDT	0.1356	0.0100	pay 0.0050% / 4h	1h 44m	$1.0M	$173K	20x
Short	BloFin BARD-USDT	0.1355	0.0052	get 0.0026% / 4h	1h 44m	$119K	$5K	25x

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 −0.074%Rate

Funding earned: −$10.15
Price spread: −0.074% → +0.062%: −$13.54
Slippage, 4 orders: −$89.56
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$137.24
Costs to cover: 1.136%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 28 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	7.38 bp	27.7 bp −$28	313.7 bp −$3,137	doesn't fit	doesn't fit
Sell BloFin live order book, 28 min ago	3.69 bp	15.8 bp −$16	83.2 bp −$832	doesn't fit	doesn't fit

BARD on 12 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
BloFin BARD-USDTshort	+0.0052%	4h	0.1355	−0.074%	$119K	$5K	25x
BingX BARD-USDT	+0.0070%	4h	0.1355	−0.074%	—	$6.5M	—	as long as short
Aster BARDUSDT	+0.0100%	4h	0.1356	+0.010%	$18K	$14K	5x	as long as short
Binance BARDUSDT	+0.0100%	4h	0.1356	−0.036%	$2.2M	$1.8M	25x	as long as short
Bybit BARDUSDT	+0.0100%	4h	0.1356	−0.015%	$1.0M	$306K	25x	as long as short
OKX BARD-USDT-SWAP	+0.0100%	4h	0.1355	−0.074%	$712K	$957K	20x	as long as short
Gate BARD_USDT	+0.0100%	4h	0.1356	0.000%	$192K	$44K	20x	as long as short
MEXC BARD_USDT	+0.0100%	4h	0.1355	−0.074%	$716K	$143K	50x	as long as short
KuCoin BARDUSDTM	+0.0100%	4h	0.1354	−0.133%	$96K	$67K	25x	as long as short
Bitget BARDUSDTlong	+0.0100%	4h	0.1356	long leg	$1.0M	$173K	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BARD	+0.0100%	4h	0.1354	−0.157%	$12K	$252	—	as long as short
GRVT BARD_USDT_Perp	+0.0100%	4h	0.1354	−0.117%	$136K	$518K	10x	as long as short