BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.03 per $10,000 · paid last 24h +0.001%

Price spread now: Bybit against BloFin−0.147%7-day average −0.137% · you buy dearer than you sell

Net, funding: paid 7d − costs−$165as in the Funding arb table

Net, price: spread back to 7d avg − costs−$161as in the Price arb table

costs, in and out, $10k−$1601.596% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.056%−$6 on $10k

Price spread, last 3 days (all we have)+0.005%$0 · spread now −0.147%, 7d avg −0.137%

Together, before fees−0.051%−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BASED-USDT	0.06787	0.0106	pay 0.0053% / 4h	1h 41m	$251K	$37K	25x
Short	Bybit BASEDUSDT	0.06777	0.0100	get 0.0050% / 4h	1h 41m	$2.1M	$578K	25x

Funding history

latest

Range statsloading…

Bybit against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now −0.147%Rate

Slippage from BloFin: live order book, 35 min ago; Bybit: live order book, just now.

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, 35 min ago	0.74 bp	20.8 bp −$21	62.3 bp −$623	doesn't fit	doesn't fit
Sell Bybit live order book, just now	5.17 bp	48.7 bp −$49	925.5 bp −$9,255	doesn't fit	doesn't fit

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
Binance BASEDUSDT	+0.0100%	4h	0.06786	−0.015%	$4.2M	$2.9M	25x	as long as short
Bybit BASEDUSDTshort	+0.0100%	4h	0.06777	−0.147%	$2.1M	$578K	25x
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06779	−0.118%	$2.6M	$3.4M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06785	−0.029%	$539K	$521K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06784	−0.044%	$4.8M	$645K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06777	−0.147%	$568K	$110K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06789	+0.029%	$1.3M	$361K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06780	−0.103%	—	$1.6M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06755	−0.466%	$92K	$22K	—	as long as short
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06770	−0.246%	$98K	$354K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX BASED-USDT	+0.0100%	4h	0.06782	−0.074%	$1K	$799K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06785	−0.034%	$5K	$226K	5x	as long as short
BloFin BASED-USDTlong	+0.0106%	4h	0.06787	long leg	$251K	$37K	25x
Aster BASEDUSDT	+0.0145%	4h	0.06784	−0.045%	$29K	$6K	5x	as long as short
Orderly PERP_BASED_USDC	+0.0334%	4h	0.06786	−0.015%	$3K	$652	10x	as long as short