NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.08 per $10,000 · paid last 24h −0.002%

Price spread now: BingX against BloFin−0.020%66s7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as 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−$720.716% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−0.073%−$7 · spread now −0.020%, 7d avg −0.026%

Together, before fees−0.041%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 66 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 NOT-USDT	0.0005100	0.0085	pay 0.0042% / 4h	3h 32m	$112K	$17K	50x
Short	BingX NOT-USDT	0.0005099	0.0100	get 0.0050% / 4h	3h 32m	—	$7.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.020%Rate

Funding earned: $3.23
Price spread: −0.020% → −0.026%: $0.64
Slippage, 4 orders: −$49.59
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$67.72
Costs to cover: 0.716%
Break-even: 153.9 days

Slippage from BloFin: live order book, 23 min ago; BingX: live order book, 6 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, 23 min ago	3.93 bp	19.9 bp −$20	64.3 bp −$643	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	2.95 bp	15.9 bp −$16	48.5 bp −$485	581.8 bp −$58.2K	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
Kraken Futures PF_NOTUSD	−0.0333%	1h	0.0005096	−0.070%	$50K	$10K	10x	as long as short
Variational Omni NOT	−0.0123%	4h	0.0005093	−0.143%	$72K	$39K	—	as long as short
Bybit NOTUSDT	+0.0031%	4h	0.0005089	−0.216%	$2.1M	$822K	25x	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−4.431%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDTlong	+0.0085%	4h	0.0005100	long leg	$112K	$17K	50x
Lighter 1000NOT	+0.0096%	1h	0.0005103	+0.061%	$11K	$5K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005100	0.000%	$373K	$50K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005096	−0.078%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005095	−0.098%	$2.1M	$3.1M	50x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005094	−0.118%	$632K	$610K	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	0.0005094	−0.118%	$142K	$79K	50x	as long as short
MEXC NOT_USDT	+0.0100%	4h	0.0005096	−0.078%	$1.4M	$464K	200x	as long as short
KuCoin NOTUSDTM	+0.0100%	4h	0.0005087	−0.255%	$465K	$136K	50x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005100	0.000%	$670K	$392K	50x	as long as short
BingX NOT-USDTshort	+0.0100%	4h	0.0005099	−0.020%	—	$7.4M	—
Extended kNOT-USD	+0.0104%	1h	0.0005092	−0.163%	$4K	$491	5x	as long as short