NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against Bitget−0.158%65s7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$104as 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−$1011.008% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.358%+$36 · spread now −0.158%, 7d avg −0.052%

Together, before fees+0.326%+$33 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.105% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.052%. The two prices were read 65 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 NOTUSDT	0.0005076	0.0100	pay 0.0050% / 4h	22m 05s	$673K	$415K	50x
Short	BloFin NOT-USDT	0.0005068	0.0096	get 0.0048% / 4h	22m 05s	$110K	$16K	50x

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 −0.158%Rate

Funding earned: −$0.91
Price spread: −0.158% → −0.052%: −$10.53
Slippage, 4 orders: −$76.77
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$112.21
Costs to cover: 1.008%
Break-even: never at this rate

Slippage from Bitget: live order book, 33 min ago; BloFin: live order book, 6 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, 33 min ago	7.91 bp	33.2 bp −$33	297.7 bp −$2,977	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	6.90 bp	19.0 bp −$19	65.3 bp −$653	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	−0.0348%	4h	0.0005058	−0.353%	$72K	$39K	—	as long as short
KuCoin NOTUSDTM	−0.0210%	4h	0.0005067	−0.177%	$471K	$129K	50x	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.980%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDTshort	+0.0096%	4h	0.0005068	−0.158%	$110K	$16K	50x
Lighter 1000NOT	+0.0096%	1h	0.0005085	+0.185%	$11K	$4K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005070	−0.118%	$360K	$57K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005073	−0.061%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005076	0.000%	$2.1M	$3.1M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005073	−0.059%	$2.1M	$856K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005076	0.000%	$643K	$672K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOT_USDT	+0.0100%	4h	0.0005070	−0.118%	$141K	$70K	50x	as long as short
MEXC NOT_USDT	+0.0100%	4h	0.0005077	+0.020%	$1.3M	$433K	200x	as long as short
Bitget NOTUSDTlong	+0.0100%	4h	0.0005076	long leg	$673K	$415K	50x
BingX NOT-USDT	+0.0100%	4h	0.0005073	−0.059%	—	$8.8M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005076	−0.008%	$4K	—	5x	as long as short
Kraken Futures PF_NOTUSD	+0.1700%	1h	0.0005080	+0.072%	$50K	$8K	10x	as long as short