NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against Binance+0.336%71s7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$88as 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−$880.880% of the position

Long on Binance 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 4 days (all we have)+0.107%+$11 · spread now +0.336%, 7d avg −0.003%

Together, before fees+0.106%+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.339% dearer against Binance than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −0.003%. The two prices were read 71 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	Binance NOTUSDT	0.0005061	0.0100	pay 0.0050% / 4h	1h 06m	$2.1M	$3.1M	50x
Short	BloFin NOT-USDT	0.0005078	0.0152	get 0.0076% / 4h	1h 06m	$112K	$16K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now +0.336%Rate

Funding earned: $10.98
Price spread: +0.336% → −0.003%: $33.89
Slippage, 4 orders: −$65.99
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$43.13
Costs to cover: 0.880%
Break-even: 34.5 days

Slippage from Binance: live order book, 15 min ago; BloFin: live order book, 29 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 Binance live order book, 15 min ago	1.97 bp	22.4 bp −$22	174.7 bp −$1,747	doesn't fit	doesn't fit
Sell BloFin live order book, 29 min ago	6.89 bp	22.1 bp −$22	73.6 bp −$736	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	−0.0463%	4h	0.0005052	−0.178%	$71K	$39K	—	as long as short
KuCoin NOTUSDTM	−0.0272%	4h	0.0005058	−0.059%	$466K	$129K	50x	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.695%	$1K	$13K	5.5x	as long as short
Bybit NOTUSDT	+0.0045%	4h	0.0005058	−0.059%	$2.1M	$851K	25x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005073	+0.239%	$11K	$4K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005060	−0.020%	$369K	$51K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005067	+0.126%	$14K	$9K	5x	as long as short
Binance NOTUSDTlong	+0.0100%	4h	0.0005061	long leg	$2.1M	$3.1M	50x
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005059	−0.040%	$632K	$645K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	0.0005066	+0.099%	$143K	$68K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NOT_USDT	+0.0100%	4h	0.0005061	0.000%	$1.3M	$442K	200x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005070	+0.178%	$672K	$408K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005058	−0.059%	—	$8.8M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005061	+0.010%	$4K	$491	5x	as long as short
BloFin NOT-USDTshort	+0.0152%	4h	0.0005078	+0.336%	$112K	$16K	50x
Kraken Futures PF_NOTUSD	+0.1945%	1h	0.0005086	+0.486%	$50K	$9K	10x	as long as short