H

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.005%

Price spread now: Bitget against BloFin−0.346%85s7-day average −0.224% · you buy dearer than you sell

Net, funding: paid 7d − costs−$381as 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−$3543.544% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.264%−$26 on $10k

Price spread, last 3 days (all we have)−0.396%−$40 · spread now −0.346%, 7d avg −0.224%

Together, before fees−0.660%−$66 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.122% cheaper against BloFin than usual: you would sell low and buy high (spread −0.346% now, against its 7-day average of −0.224%). If the spread goes back, that is −$12 on $10k: about 14 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.264%, so the current rate has only just turned in your favour. The two prices were read 85 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 H-USDT	0.06928	0.0070	pay 0.0035% / 4h	2h 09m	$595K	$113K	25x
Short	Bitget HUSDT	0.06904	0.0100	get 0.0050% / 4h	2h 09m	$1.7M	$454K	4x

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 −0.346%Rate

Funding earned: $6.29
Price spread: −0.346% → −0.224%: −$12.23
Slippage, 4 orders: −$330.4
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$360.33
Costs to cover: 3.544%
Break-even: 407.7 days

Slippage from BloFin: live order book, 11 min ago; Bitget: live order book, 7 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, 11 min ago	0.71 bp	16.4 bp −$16	72.2 bp −$722	doesn't fit	doesn't fit
Sell Bitget live order book, 7 min ago	9.37 bp	143.6 bp −$144	476.6 bp −$4,766	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−9.786%	$1K	$1	5.5x	as long as short
BloFin H-USDTlong	+0.0070%	4h	0.06928	long leg	$595K	$113K	25x
Aster HUSDT	+0.0100%	4h	0.06912	−0.236%	$116K	$48K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06911	−0.245%	$14.9M	$10.4M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06903	−0.362%	$7.5M	$4.5M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06915	−0.188%	$1.7M	$5.7M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06909	−0.274%	$2.8M	$1.9M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06921	−0.101%	$6.3M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.06915	−0.188%	$1.6M	$10.0M	8x	as long as short
Bitget HUSDTshort	+0.0100%	4h	0.06904	−0.346%	$1.7M	$454K	4x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.06913	−0.217%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06913	−0.212%	$8K	$10K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06939	+0.156%	$1.2M	$469K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06918	−0.143%	$11K	$107K	5x	as long as short