S

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.061%

Price spread now: Bitget against BloFin+0.179%7-day average +0.103% · you sell dearer than you buy

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$750.750% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.268%−$27 on $10k

Price spread, last 3 days (all we have)+0.147%+$15 · spread now +0.179%, 7d avg +0.103%

Together, before fees−0.121%−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.077% dearer against BloFin than usual: you sell high and buy low (spread +0.179% now, against its 7-day average of +0.103%): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 26 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin S-USDT	0.03906	0.0340	pay 0.0170% / 4h	1h 20m	$267K	$126K	75x
Short	Bitget SUSDT	0.03913	0.0100	get 0.0050% / 4h	1h 20m	$1.2M	$2.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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 BloFinbpFee BitgetbpOrdersPrice spread, now +0.179%Rate

Funding earned: −$50.4
Price spread: +0.179% → +0.103%: $7.66
Slippage, 4 orders: −$51.02
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$117.76
Costs to cover: 0.750%
Break-even: never at this rate

Slippage from BloFin: live order book, 56 min ago; Bitget: live order book, 2 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 BloFin live order book, 56 min ago	2.54 bp	15.8 bp −$16	35.1 bp −$351	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	5.12 bp	19.2 bp −$19	53.9 bp −$539	doesn't fit	doesn't fit

S on 25 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_SUSD	−0.1599%	1h	0.03908	+0.043%	$33K	$26K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1576%	1h	0.03826	−2.048%	$47K	$5K	25x	as long as short
Variational Omni S	−0.0835%	4h	0.03901	−0.140%	$607K	$31K	—	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0196% / S +0.0190%	1h	0.03909	+0.087%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.03906	−0.013%	$4	—	15x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.03910	+0.109%	$603	—	150x	as long as short
Orderly PERP_S_USDC	+0.0030%	4h	0.03910	+0.102%	$100K	$345K	10x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+4.967%	$2K	$37K	12x	as long as short
01 Exchange SUSD	+0.0064%	1h	0.03850	−1.434%	$23K	$2K	5x	as long as short
Lighter S	+0.0096%	1h	0.03914	+0.205%	$164K	$223K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SUSDT	+0.0100%	4h	0.03909	+0.088%	$43K	$212K	10x	as long as short
Hyperliquid S	+0.0100%	1h	0.03911	+0.120%	$981K	$716K	5x	as long as short
Binance SUSDT	+0.0100%	4h	0.03910	+0.109%	$5.3M	$18.5M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.03906	0.000%	$5.6M	$5.5M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.03910	+0.102%	$977K	$5.6M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.03904	−0.051%	$319K	$265K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.03910	+0.102%	$3.5M	$2.3M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.03906	0.000%	$1.8M	$3.0M	50x	as long as short
Bitget SUSDTshort	+0.0100%	4h	0.03913	+0.179%	$1.2M	$2.6M	50x
BingX S-USDT	+0.0100%	4h	0.03906	0.000%	—	$6.7M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.03910	+0.102%	$25K	$464K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.03909	+0.076%	$219K	$877K	10x	as long as short
Deribit S_USDC-PERPETUAL	+0.0261%	1h	0.03915	+0.230%	$66K	$10K	10x	as long as short
BloFin S-USDTlong	+0.0340%	4h	0.03906	long leg	$267K	$126K	75x
Backpack S_USDC_PERP	+0.0474%	1h	0.03920	+0.358%	$114K	$301K	5x	as long as short