H

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h −0.005%

Price spread now: BloFin against Bitget+0.072%95s7-day average +0.226% · you sell dearer than you buy

Net, funding: paid 7d − costs−$421as 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−$4474.475% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.264%+$26 on $10k

Price spread, last 3 days (all we have)+0.403%+$40 · spread now +0.072%, 7d avg +0.226%

Together, before fees+0.666%+$67 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.154% cheaper against Bitget than usual: you would sell low and buy high (spread +0.072% now, against its 7-day average of +0.226%). If the spread goes back, that is −$15 on $10k: about 15 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.264% in total) that is about 4.1 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	Bitget HUSDT	0.06966	0.0100	pay 0.0050% / 4h	25m 33s	$1.7M	$451K	4x
Short	BloFin H-USDT	0.06971	0.0134	get 0.0067% / 4h	25m 33s	$592K	$116K	25x

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 +0.072%Rate

Funding earned: $7.23
Price spread: +0.072% → +0.226%: −$15.41
Slippage, 4 orders: −$423.5
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$455.68
Costs to cover: 4.475%
Break-even: 448.1 days

Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 51 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, 1 min ago	10.76 bp	216.8 bp −$217	621.4 bp −$6,214	doesn't fit	doesn't fit
Sell BloFin live order book, 51 min ago	2.89 bp	34.2 bp −$34	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	−10.278%	$1K	$1	5.5x	as long as short
Aster HUSDT	+0.0100%	4h	0.06984	+0.253%	$115K	$53K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06983	+0.239%	$15.0M	$10.5M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06974	+0.115%	$7.6M	$4.6M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06987	+0.301%	$1.7M	$5.9M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06971	+0.072%	$2.9M	$1.9M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06984	+0.258%	$6.3M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.06981	+0.215%	$1.6M	$10.0M	8x	as long as short
Bitget HUSDTlong	+0.0100%	4h	0.06966	long leg	$1.7M	$451K	4x
BingX H-USDT	+0.0100%	4h	0.06987	+0.301%	—	$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	0.06978	+0.175%	$8K	$10K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06988	+0.311%	$1.2M	$438K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06983	+0.240%	$11K	$107K	5x	as long as short
BloFin H-USDTshort	+0.0134%	4h	0.06971	+0.072%	$592K	$116K	25x