IO

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against BloFin0.000%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1000.999% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.079%+$8 on $10k

Price spread, last 4 days (all we have)+0.141%+$14 · spread now 0.000%, 7d avg +0.039%

Together, before fees+0.220%+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.039% cheaper against BloFin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.039%). If the spread goes back, that is −$4 on $10k: about 8.0 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.079% in total) that is about 3.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin IO-USDT	0.1512	0.0084	pay 0.0042% / 4h	3h 03m	$193K	$32K	50x
Short	Bitget IOUSDT	0.1512	0.0100	get 0.0050% / 4h	3h 03m	$1.4M	$923K	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 0.000%Rate

Funding earned: $3.46
Price spread: 0.000% → +0.039%: −$3.93
Slippage, 4 orders: −$75.91
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$100.38
Costs to cover: 0.999%
Break-even: 210.2 days

Slippage from BloFin: live order book, 62 min ago; Bitget: live order book, 3 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, 62 min ago	3.35 bp	22.5 bp −$22	52.4 bp −$524	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	3.31 bp	33.4 bp −$33	154.3 bp −$1,543	doesn't fit	doesn't fit

IO 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
BloFin IO-USDTlong	+0.0084%	4h	0.1512	long leg	$193K	$32K	50x
Hyperliquid IO	+0.0100%	1h	0.1512	−0.007%	$1.0M	$274K	3x	as long as short
Aster IOUSDT	+0.0100%	4h	0.1511	−0.056%	$23K	$42K	5x	as long as short
Binance IOUSDT	+0.0100%	4h	0.1511	−0.060%	$3.0M	$4.8M	50x	as long as short
Bybit IOUSDT	+0.0100%	4h	0.1509	−0.192%	$1.1M	$572K	25x	as long as short
Gate IO_USDT	+0.0100%	4h	0.1511	−0.060%	$225K	$456K	50x	as long as short
MEXC IO_USDT	+0.0100%	4h	0.1510	−0.132%	$1.2M	$218K	125x	as long as short
KuCoin IOUSDTM	+0.0100%	4h	0.1511	−0.066%	$347K	$192K	50x	as long as short
Bitget IOUSDTshort	+0.0100%	4h	0.1512	0.000%	$1.4M	$923K	50x
BingX IO-USDT	+0.0100%	4h	0.1510	−0.132%	—	$1.3M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni IO	+0.0100%	4h	0.1506	−0.413%	$30K	$18K	—	as long as short
Extended IO-USD	+0.0104%	1h	0.1511	−0.058%	$2K	$210K	5x	as long as short
Injective IO/USDC PERP	+0.0277%	1h	0.1492	−1.323%	$2K	$196	5.5x	as long as short
Kraken Futures PF_IOUSD	+3.9410%	1h	0.1515	+0.181%	$39K	$7K	10x	as long as short