ATH

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.004%

Price spread now: Bitget against BloFin+0.382%95s7-day average −0.109% · you sell dearer than you buy

Net, funding: paid 7d − costs−$97as 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−$970.966% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.009%−$1 on $10k

Price spread, last 4 days (all we have)−0.322%−$32 · spread now +0.382%, 7d avg −0.109%

Together, before fees−0.330%−$33 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.491% dearer against BloFin than usual: you sell high and buy low (spread +0.382% now, against its 7-day average of −0.109%): +$49 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months. At the pace of the last 7 days (−0.009% in total) that is about 13 months. The two prices were read 95 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	BloFin ATH-USDT	0.005492	0.0118	pay 0.0059% / 4h	1h 31m	$168K	$72K	75x
Short	Bitget ATHUSDT	0.005513	0.0100	get 0.0050% / 4h	1h 31m	$1.5M	$847K	25x

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 +0.382%Rate

Funding earned: −$3.78
Price spread: +0.382% → −0.109%: $49.11
Slippage, 4 orders: −$72.63
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$51.29
Costs to cover: 0.966%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; Bitget: 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 BloFin live order book, 5 min ago	4.55 bp	17.8 bp −$18	55.2 bp −$552	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	8.20 bp	29.1 bp −$29	92.3 bp −$923	doesn't fit	doesn't fit

ATH on 13 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_ATHUSD	−0.3206%	1h	0.005502	+0.175%	$19K	$106K	10x	as long as short
Variational Omni ATH	−0.0085%	4h	0.005485	−0.120%	$184K	$93K	—	as long as short
dYdX ATH-USD	0.0000%	1h	0.005510	+0.326%	$11K	$57	5x	as long as short
Aster ATHUSDT	+0.0100%	4h	0.005512	+0.359%	$5K	$41K	5x	as long as short
Binance ATHUSDT	+0.0100%	4h	0.005515	+0.419%	$3.3M	$4.1M	50x	as long as short
Bybit ATHUSDT	+0.0100%	4h	0.005505	+0.237%	$4.4M	$2.5M	25x	as long as short
OKX ATH-USDT-SWAP	+0.0100%	4h	0.005505	+0.237%	$703K	$1.3M	20x	as long as short
Gate ATH_USDT	+0.0100%	4h	0.005503	+0.200%	$787K	$561K	30x	as long as short
MEXC ATH_USDT	+0.0100%	4h	0.005515	+0.419%	$8.9M	$629K	50x	as long as short
KuCoin ATHUSDTM	+0.0100%	4h	0.005505	+0.237%	$557K	$77K	30x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ATHUSDTshort	+0.0100%	4h	0.005513	+0.382%	$1.5M	$847K	25x
BingX ATH-USDT	+0.0100%	4h	0.005507	+0.273%	—	$21.7M	—	as long as short
BloFin ATH-USDTlong	+0.0118%	4h	0.005492	long leg	$168K	$72K	75x