H

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.16 per $10,000 · paid last 24h +0.007%

Price spread now: Bitget against BloFin−0.135%95s7-day average −0.216% · you buy dearer than you sell

Net, funding: paid 7d − costs−$392as 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−$3663.664% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.252%−$25 on $10k

Price spread, last 4 days (all we have)−0.608%−$61 · spread now −0.135%, 7d avg −0.216%

Together, before fees−0.860%−$86 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.081% dearer against BloFin than usual: you sell high and buy low (spread −0.135% now, against its 7-day average of −0.216%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.6 days. At the pace of the last 7 days (−0.252% in total) that is about 2.2 days. The two prices were read 95 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 H-USDT	0.06684	0.0131	pay 0.0066% / 4h	29m 40s	$580K	$108K	25x
Short	Bitget HUSDT	0.06675	0.0100	get 0.0050% / 4h	29m 40s	$1.7M	$447K	4x

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 −0.135%Rate

Funding earned: −$6.59
Price spread: −0.135% → −0.216%: $8.11
Slippage, 4 orders: −$342.44
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$364.92
Costs to cover: 3.664%
Break-even: never at this rate

Slippage from BloFin: live order book, 7 min ago; Bitget: live order book, 2 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, 7 min ago	1.49 bp	22.9 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	5.99 bp	145.1 bp −$145	doesn't fit	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−6.493%	$1K	$1	5.5x	as long as short
KuCoin HUSDTM	+0.0050%	4h	0.06688	+0.060%	$1.6M	$10.0M	8x	as long as short
Aster HUSDT	+0.0100%	4h	0.06688	+0.058%	$109K	$54K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06690	+0.090%	$14.3M	$11.0M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06679	−0.078%	$7.4M	$4.9M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06690	+0.090%	$1.8M	$6.0M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06684	0.000%	$2.7M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06690	+0.090%	$6.0M	$1.1M	20x	as long as short
Bitget HUSDTshort	+0.0100%	4h	0.06675	−0.135%	$1.7M	$447K	4x
BingX H-USDT	+0.0100%	4h	0.06687	+0.045%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06685	+0.012%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06692	+0.121%	$1.1M	$432K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06688	+0.064%	$10K	$102K	5x	as long as short
BloFin H-USDTlong	+0.0131%	4h	0.06684	long leg	$580K	$108K	25x