NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h +0.002%

Price spread now: BloFin against Gate+0.080%7-day average −0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$157as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1561.557% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 4 days (all we have)+0.142%+$14 · spread now +0.080%, 7d avg −0.017%

Together, before fees+0.125%+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.097% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NOT_USDT	0.0005030	0.0100	pay 0.0050% / 4h	40m 58s	$140K	$69K	50x
Short	BloFin NOT-USDT	0.0005034	0.0140	get 0.0070% / 4h	40m 58s	$111K	$16K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.080%Rate

Funding earned: $8.32
Price spread: +0.080% → −0.017%: $9.67
Slippage, 4 orders: −$128.67
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$137.68
Costs to cover: 1.557%
Break-even: 122.8 days

Slippage from Gate: live order book, 10 min ago; BloFin: live order book, 54 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 Gate live order book, 10 min ago	10.94 bp	38.5 bp −$38	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 54 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	−0.0387%	4h	0.0005028	−0.048%	$71K	$39K	—	as long as short
KuCoin NOTUSDTM	−0.0256%	4h	0.0005027	−0.060%	$466K	$127K	50x	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.101%	$1K	$13K	5.5x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005046	+0.316%	$11K	$4K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005040	+0.199%	$357K	$57K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005039	+0.171%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005040	+0.205%	$2.1M	$3.0M	50x	as long as short
Bybit NOTUSDT	+0.0100%	4h	0.0005038	+0.159%	$2.1M	$849K	25x	as long as short
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005042	+0.239%	$628K	$650K	20x	as long as short
Gate NOT_USDTlong	+0.0100%	4h	0.0005030	long leg	$140K	$69K	50x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NOT_USDT	+0.0100%	4h	0.0005037	+0.139%	$1.3M	$424K	200x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005043	+0.258%	$669K	$412K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005038	+0.159%	—	$8.8M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005039	+0.179%	$4K	$491	5x	as long as short
BloFin NOT-USDTshort	+0.0140%	4h	0.0005034	+0.080%	$111K	$16K	50x
Kraken Futures PF_NOTUSD	+0.1716%	1h	0.0005031	+0.022%	$49K	$9K	10x	as long as short