BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h −0.002%

Price spread now: BloFin against Bitget+0.059%105s7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$73as 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−$760.765% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 4 days (all we have)−0.211%−$21 · spread now +0.059%, 7d avg −0.011%

Together, before fees−0.181%−$18 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 0.070% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.011%. 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	Bitget BASEDUSDT	0.06823	0.0100	pay 0.0050% / 4h	5m 26s	$1.3M	$369K	25x
Short	BloFin BASED-USDT	0.06827	0.0133	get 0.0067% / 4h	5m 26s	$258K	$47K	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 +0.059%Rate

Funding earned: $7.01
Price spread: +0.059% → −0.011%: $6.97
Slippage, 4 orders: −$52.48
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$62.51
Costs to cover: 0.765%
Break-even: 69.5 days

Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 26 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	5.13 bp	20.0 bp −$20	114.2 bp −$1,142	doesn't fit	doesn't fit
Sell BloFin live order book, 26 min ago	0.73 bp	21.9 bp −$22	88.7 bp −$887	doesn't fit	doesn't fit

BASED on 15 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
Aster BASEDUSDT	+0.0100%	4h	0.06818	−0.071%	$29K	$6K	5x	as long as short
Binance BASEDUSDT	+0.0100%	4h	0.06819	−0.059%	$4.2M	$3.1M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06805	−0.264%	$2.1M	$706K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06813	−0.147%	$2.7M	$3.8M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06813	−0.147%	$534K	$599K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06821	−0.029%	$4.9M	$596K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06817	−0.088%	$578K	$72K	20x	as long as short
Bitget BASEDUSDTlong	+0.0100%	4h	0.06823	long leg	$1.3M	$369K	25x
BingX BASED-USDT	+0.0100%	4h	0.06815	−0.117%	—	$1.7M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06803	−0.289%	$94K	$15K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06780	−0.630%	$95K	$382K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06815	−0.117%	$1K	$901K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06818	−0.080%	$2K	$201K	5x	as long as short
BloFin BASED-USDTshort	+0.0133%	4h	0.06827	+0.059%	$258K	$47K	25x
Orderly PERP_BASED_USDC	+0.0289%	4h	0.06818	−0.073%	$3K	$664	10x	as long as short