Funding you earn now, next payment 00:00 UTC−0.0398%/8h= −43.6% APRnext payment −$1.99 per $10,000 · paid last 24h −0.155%
Price spread now: Bitget against BloFin+0.163%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$223as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1901.904% of the position
Funding, last 7 days−0.326%−$33 on $10k
+Price spread, last 3 days (all we have)−0.362%−$36 · spread now +0.163%, 7d avg +0.062%
=The price spread pays, funding is against you. Bitget is 0.101% dearer against BloFin than usual: you sell high and buy low (spread +0.163% now, against its 7-day average of +0.062%): +$10 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.326% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NAORIS-USDT | 0.03683 | 0.0498 | pay 0.0249% / 4h | 54m 43s | $280K | $10K | 10x |
| Short | Bitget NAORISUSDT | 0.03689 | 0.0100 | get 0.0050% / 4h | 54m 43s | $3.3M | $219K | 10x |
BloFin NAORIS-USDT
Bitget NAORISUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$83.61
- Price spread: +0.163% → +0.062%
- $10.08
- Slippage, 4 orders
- −$166.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$263.91
- Costs to cover
- 1.904%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 17 min ago; Bitget: live order book, 3 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, 17 min ago | 5.44 bp | 27.1 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 10.84 bp | 64.6 bp −$65 | 531.1 bp −$5,311 | doesn't fit | doesn't fit |
NAORIS on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NAORISUSDT | +0.0100% | 4h | 0.03686 | +0.079% | $1.1M | $529K | 20x | as long as short |
| Gate NAORIS_USDT | +0.0100% | 4h | 0.03676 | −0.190% | $287K | $19K | 20x | as long as short |
| Bitget NAORISUSDTshort | +0.0100% | 4h | 0.03689 | +0.163% | $3.3M | $219K | 10x | |
| Variational Omni NAORIS | +0.0100% | 4h | 0.03681 | −0.068% | $75K | $24K | — | as long as short |
| KuCoin NAORISUSDTM | +0.0128% | 4h | 0.03683 | 0.000% | $444K | $26K | 10x | as long as short |
| Aster NAORISUSDT | +0.0258% | 4h | 0.03680 | −0.081% | $5K | $5K | 5x | as long as short |
| BingX NAORIS-USDT | +0.0470% | 4h | 0.03685 | +0.054% | — | $1.3M | — | as long as short |
| BloFin NAORIS-USDTlong | +0.0498% | 4h | 0.03683 | long leg | $280K | $10K | 10x | |
| Extended NAORIS-USD | +0.0504% | 1h | 0.03682 | −0.020% | $4K | $110K | 5x | as long as short |
| MEXC NAORIS_USDT | +0.0504% | 4h | 0.03687 | +0.109% | $4.3M | $212K | 100x | as long as short |
Bybit NAORISUSDT
Gate NAORIS_USDT
Variational Omni NAORIS
KuCoin NAORISUSDTM
Aster NAORISUSDT
BingX NAORIS-USDT
Extended NAORIS-USD
MEXC NAORIS_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NAORISUSDT | +0.0504% | 4h | 0.03684 | +0.027% | $4.9M | $1.3M | 10x | as long as short |
Binance NAORISUSDT