NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.007%

Price spread now: Gate against BloFin+0.259%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$106as in the Price arb table

costs, in and out, $10k−$1301.297% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 4 days (all we have)−0.302%−$30 · spread now +0.259%, 7d avg +0.018%

Together, before fees−0.293%−$29 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.241% dearer against BloFin than usual: you sell high and buy low (spread +0.259% now, against its 7-day average of +0.018%): +$24 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin NOT-USDT	0.0005017	0.0142	pay 0.0071% / 4h	2h 41m	$111K	$18K	50x
Short	Gate NOT_USDT	0.0005030	0.0100	get 0.0050% / 4h	2h 41m	$138K	$73K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.259%Rate

Funding earned: −$8.81
Price spread: +0.259% → +0.018%: $24.1
Slippage, 4 orders: −$102.65
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$114.36
Costs to cover: 1.297%
Break-even: never at this rate

Slippage from BloFin: live order book, 37 min ago; Gate: live order book, 64 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, 37 min ago	4.94 bp	20.4 bp −$20	58.7 bp −$587	doesn't fit	doesn't fit
Sell Gate live order book, 64 min ago	10.83 bp	46.7 bp −$47	doesn't fit	doesn't fit	doesn't fit

NOT on 16 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
Variational Omni NOT	−0.0166%	4h	0.0005044	+0.541%	$72K	$38K	—	as long as short
KuCoin NOTUSDTM	−0.0134%	4h	0.0005012	−0.100%	$478K	$136K	50x	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−2.850%	$1K	$13K	5.5x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005022	+0.110%	$11K	$4K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005020	+0.060%	$353K	$58K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005015	−0.032%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005009	−0.163%	$2.1M	$3.1M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005013	−0.080%	$2.1M	$884K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005016	−0.020%	$637K	$695K	20x	as long as short
Gate NOT_USDTshort	+0.0100%	4h	0.0005030	+0.259%	$138K	$73K	50x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NOT_USDT	+0.0100%	4h	0.0005017	0.000%	$1.3M	$444K	200x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005022	+0.100%	$668K	$480K	50x	as long as short
BingX NOT-USDC	+0.0100%	4h	0.0005019	+0.040%	—	$730K	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005016	−0.025%	$4K	—	5x	as long as short
BloFin NOT-USDTlong	+0.0142%	4h	0.0005017	long leg	$111K	$18K	50x
Kraken Futures PF_NOTUSD	+0.1684%	1h	0.0005028	+0.228%	$49K	$9K	10x	as long as short