NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.005%

Price spread now: BloFin against Gate+0.137%93s7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$123as 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−$1211.210% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 3 days (all we have)−0.094%−$9 · spread now +0.137%, 7d avg −0.008%

Together, before fees−0.114%−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.145% dearer against Gate than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.008%. The two prices were read 93 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	Gate NOT_USDT	0.0005106	0.0100	pay 0.0050% / 4h	3h 55m	$142K	$78K	50x
Short	BloFin NOT-USDT	0.0005113	0.0119	get 0.0060% / 4h	3h 55m	$112K	$17K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.137%Rate

Funding earned: $4.03
Price spread: +0.137% → −0.008%: $14.51
Slippage, 4 orders: −$94
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$102.47
Costs to cover: 1.210%
Break-even: 185.1 days

Slippage from Gate: live order book, 10 min ago; BloFin: live order book, 65 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 Gate live order book, 10 min ago	6.86 bp	45.6 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 65 min ago	3.94 bp	21.0 bp −$21	58.5 bp −$585	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
Kraken Futures PF_NOTUSD	−0.0332%	1h	0.0005112	+0.112%	$50K	$10K	10x	as long as short
Variational Omni NOT	−0.0014%	4h	0.0005109	+0.065%	$72K	$39K	—	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−4.544%	$1K	$13K	5.5x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005111	+0.096%	$12K	$5K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005100	−0.118%	$373K	$50K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005104	−0.049%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005100	−0.123%	$2.1M	$3.1M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005096	−0.196%	$2.2M	$830K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005095	−0.215%	$635K	$615K	20x	as long as short
Gate NOT_USDTlong	+0.0100%	4h	0.0005106	long leg	$142K	$78K	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	0.0005103	−0.059%	$1.4M	$460K	200x	as long as short
KuCoin NOTUSDTM	+0.0100%	4h	0.0005098	−0.157%	$466K	$138K	50x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005102	−0.078%	$669K	$391K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005102	−0.078%	—	$7.4M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005103	−0.066%	$4K	$491	5x	as long as short
BloFin NOT-USDTshort	+0.0119%	4h	0.0005113	+0.137%	$112K	$17K	50x