FORM

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.23 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against Bitget+0.055%7-day average +0.095% · you sell dearer than you buy

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$1051.050% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 3 days (all we have)+0.045%+$4 · spread now +0.055%, 7d avg +0.095%

Together, before fees+0.045%+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.039% cheaper against Bitget than usual: you would sell low and buy high (spread +0.055% now, against its 7-day average of +0.095%). If the spread goes back, that is −$4 on $10k: about 2.8 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.001% in total) that is about 16 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget FORMUSDT	0.3612	0.0100	pay 0.0050% / 4h	1h 21m	$1.1M	$7.8M	50x
Short	BloFin FORM-USDT	0.3614	0.0147	get 0.0073% / 4h	1h 21m	$1.0M	$358K	50x

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 +0.055%Rate

Funding earned: $9.79
Price spread: +0.055% → +0.095%: −$3.95
Slippage, 4 orders: −$81
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$99.16
Costs to cover: 1.050%
Break-even: 77.9 days

Slippage from Bitget: live order book, 2 min ago; BloFin: live order book, 1 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	5.54 bp	34.7 bp −$35	127.7 bp −$1,277	doesn't fit	doesn't fit
Sell BloFin live order book, 1 min ago	2.76 bp	14.7 bp −$15	48.8 bp −$488	174.0 bp −$17.4K	doesn't fit

FORM on 10 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
gTrade (Gains Network) FORM/USD	L −0.0007% / S +0.0008%	1h	0.3612	+0.009%	—	—	—	as long as short
BingX FORM-USDT	+0.0070%	4h	0.3615	+0.083%	—	$3.5M	—	as long as short
Aster FORMUSDT	+0.0100%	4h	0.3616	+0.120%	$49K	$646K	5x	as long as short
Binance FORMUSDT	+0.0100%	4h	0.3614	+0.065%	$19.2M	$135.6M	50x	as long as short
Gate FORM_USDT	+0.0100%	4h	0.3615	+0.083%	$827K	$4.1M	50x	as long as short
MEXC FORM_USDT	+0.0100%	4h	0.3613	+0.028%	$1.8M	$8.3M	100x	as long as short
KuCoin FORMUSDTM	+0.0100%	4h	0.3618	+0.166%	$378K	$849K	30x	as long as short
Bitget FORMUSDTlong	+0.0100%	4h	0.3612	long leg	$1.1M	$7.8M	50x
BloFin FORM-USDTshort	+0.0147%	4h	0.3614	+0.055%	$1.0M	$358K	50x
Bybit FORMUSDT	+0.0538%	4h	0.3615	+0.089%	$2.3M	$11.5M	20x	as long as short