NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against BingX+0.079%246s7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as 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−$740.744% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.033%−$3 on $10k

Price spread, last 3 days (all we have)+0.002%$0 · spread now +0.079%, 7d avg +0.024%

Together, before fees−0.031%−$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.055% dearer against BingX than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of +0.024%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.6 days. At the pace of the last 7 days (−0.033% in total) that is about 12 days. The two prices were read 246 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	BingX NOT-USDT	0.0005068	0.0100	pay 0.0050% / 4h	2h 45m	—	$8.9M	—
Short	BloFin NOT-USDT	0.0005072	0.0060	get 0.0030% / 4h	2h 45m	$112K	$17K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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 BingXbpFee BloFinbpOrdersPrice spread, now +0.079%Rate

Funding earned: −$8.44
Price spread: +0.079% → +0.024%: $5.5
Slippage, 4 orders: −$52.41
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$77.34
Costs to cover: 0.744%
Break-even: never at this rate

Slippage from BingX: live order book, 8 min ago; BloFin: live order book, 5 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 BingX live order book, 8 min ago	4.94 bp	20.3 bp −$20	50.9 bp −$509	608.7 bp −$60.9K	doesn't fit
Sell BloFin live order book, 5 min ago	6.90 bp	17.2 bp −$17	45.2 bp −$452	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	−0.0237%	4h	0.0005060	−0.154%	$71K	$39K	—	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.828%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDTshort	+0.0060%	4h	0.0005072	+0.079%	$112K	$17K	50x
Bybit NOTUSDT	+0.0090%	4h	0.0005064	−0.079%	$2.1M	$866K	25x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005083	+0.288%	$11K	$5K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005070	+0.039%	$370K	$51K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005069	+0.018%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005070	+0.045%	$2.1M	$3.2M	50x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005069	+0.020%	$627K	$640K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	0.0005070	+0.039%	$143K	$81K	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	0.0005069	+0.020%	$1.3M	$471K	200x	as long as short
KuCoin NOTUSDTM	+0.0100%	4h	0.0005062	−0.118%	$464K	$135K	50x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005071	+0.059%	$669K	$405K	50x	as long as short
BingX NOT-USDTlong	+0.0100%	4h	0.0005068	long leg	—	$8.9M	—
Extended kNOT-USD	+0.0104%	1h	0.0005069	+0.024%	$4K	$491	5x	as long as short
Kraken Futures PF_NOTUSD	+0.0203%	1h	0.0005073	+0.093%	$49K	$10K	10x	as long as short