ONE

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0476%/8h= +52.1% APRnext payment +$0.59 per $10,000 · paid last 24h −0.152%

Price spread now: Bitget against BloFin+1.149%85s7-day average +0.416% · you sell dearer than you buy

Net, funding: paid 7d − costs+$123as 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−$1171.173% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+2.402%+$240 on $10k

Price spread, last 4 days (all we have)−1.224%−$122 · spread now +1.149%, 7d avg +0.416%

Together, before fees+1.178%+$118 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Bitget is 0.733% dearer against BloFin than usual: you sell high and buy low: +$73 more if the spread goes back to its 7-day average of +0.416%. 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 ONE-USDT	0.003777	−0.0860	get 0.0107% / 1h	51m 51s	$809K	$1.8M	50x
Short	Bitget ONEUSDT	0.003821	−0.0384	pay 0.0048% / 1h	51m 51s	$1.9M	$27.5M	20x

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 +1.149%Rate

Funding earned: $99.96
Price spread: +1.149% → +0.416%: $73.27
Slippage, 4 orders: −$93.27
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: $55.96
Costs to cover: 1.173%
Break-even: 3.1 days

Slippage from BloFin: live order book, 1 min ago; Bitget: live order book, 2 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, 1 min ago	1.59 bp	25.0 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	5.86 bp	36.4 bp −$36	doesn't fit	doesn't fit	doesn't fit

ONE on 10 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
OKX ONE-USDT-SWAP	−5.6912%	1h	0.005682	+50.438%	$7.2M	$232.3M	10x	as long as short
KuCoin ONEUSDTM	−0.1808%	1h	0.003928	+3.995%	$3.7M	$11.3M	30x	as long as short
BloFin ONE-USDTlong	−0.0860%	1h	0.003777	long leg	$809K	$1.8M	50x
Bitget ONEUSDTshort	−0.0384%	1h	0.003821	+1.149%	$1.9M	$27.5M	20x
Aster ONEUSDT	+0.0062%	1h	0.003767	−0.272%	$2.0M	$4.9M	5x	as long as short
MEXC ONE_USDT	+0.0096%	1h	0.003766	−0.304%	$11.6M	$13.7M	20x	as long as short
Binance ONEUSDT	+0.0100%	1h	0.003771	−0.161%	$13.3M	$304.0M	50x	as long as short
Gate ONE_USDT	+0.0100%	8h	0.003764	−0.347%	$1.7M	$13.0M	20x	as long as short
Variational Omni ONE	+0.0100%	1h	0.003762	−0.390%	$92K	$31K	—	as long as short
BingX ONE-USDT	+0.0104%	1h	0.003761	−0.418%	—	$5.2M	—	as long as short