NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.5% APRnext payment −$0.02 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against Bitget0.000%7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$1021.025% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.033%−$3 on $10k

Price spread, last 4 days (all we have)+0.443%+$44 · spread now 0.000%, 7d avg −0.045%

Together, before fees+0.410%+$41 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.045% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NOTUSDT	0.0005079	0.0100	pay 0.0050% / 4h	1h 32m	$674K	$411K	50x
Short	BloFin NOT-USDT	0.0005079	0.0096	get 0.0048% / 4h	1h 32m	$111K	$17K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$0.89
Price spread: 0.000% → −0.045%: $4.48
Slippage, 4 orders: −$78.47
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$98.88
Costs to cover: 1.025%
Break-even: never at this rate

Slippage from Bitget: live order book, 28 min ago; BloFin: 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 Bitget live order book, 28 min ago	6.89 bp	35.1 bp −$35	231.6 bp −$2,316	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	6.89 bp	22.1 bp −$22	73.6 bp −$736	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
Variational Omni NOT	−0.0335%	4h	0.0005059	−0.403%	$71K	$39K	—	as long as short
KuCoin NOTUSDTM	−0.0192%	4h	0.0005073	−0.118%	$467K	$130K	50x	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−4.036%	$1K	$13K	5.5x	as long as short
Bybit NOTUSDT	+0.0089%	4h	0.0005073	−0.118%	$2.1M	$863K	25x	as long as short
BloFin NOT-USDTshort	+0.0096%	4h	0.0005079	0.000%	$111K	$17K	50x
Lighter 1000NOT	+0.0096%	1h	0.0005091	+0.236%	$11K	$4K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005080	+0.020%	$370K	$51K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005079	−0.006%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005080	+0.020%	$2.1M	$3.1M	50x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005079	0.000%	$634K	$655K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOT_USDT	+0.0100%	4h	0.0005076	−0.059%	$143K	$68K	50x	as long as short
MEXC NOT_USDT	+0.0100%	4h	0.0005080	+0.020%	$1.3M	$440K	200x	as long as short
Bitget NOTUSDTlong	+0.0100%	4h	0.0005079	long leg	$674K	$411K	50x
BingX NOT-USDT	+0.0100%	4h	0.0005074	−0.098%	—	$8.8M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005079	−0.009%	$4K	$491	5x	as long as short
Kraken Futures PF_NOTUSD	+0.1945%	1h	0.0005086	+0.137%	$50K	$9K	10x	as long as short