Funding you earn now, next payment 00:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against BloFin+0.108%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$850.850% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 3 days (all we have)−0.276%−$28 · spread now +0.108%, 7d avg −0.005%
=The price spread pays, funding is against you. Binance is 0.113% dearer against BloFin than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of −0.005%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin A-USDT | 0.09264 | 0.0154 | pay 0.0077% / 4h | 8m 57s | $148K | $8K | 75x |
| Short | Binance AUSDT | 0.09274 | 0.0100 | get 0.0050% / 4h | 8m 57s | $2.9M | $3.2M | 75x |
BloFin A-USDT
Binance AUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.29
- Price spread: +0.108% → −0.005%
- $11.25
- Slippage, 4 orders
- −$62.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$85.03
- Costs to cover
- 0.850%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 52 min ago; Binance: live order book, 12 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, 52 min ago | 1.62 bp | 11.8 bp −$12 | 52.0 bp −$520 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.62 bp | 20.9 bp −$21 | 83.2 bp −$832 | doesn't fit | doesn't fit |
A on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective A/USDC PERP | +0.0033% | 1h | 0.08945 | −3.443% | $1K | $5 | 5.5x | as long as short |
| Binance AUSDTshort | +0.0100% | 4h | 0.09274 | +0.108% | $2.9M | $3.2M | 75x | |
| Bybit AUSDT | +0.0100% | 4h | 0.09259 | −0.054% | $3.2M | $989K | 50x | as long as short |
| OKX A-USDT-SWAP | +0.0100% | 4h | 0.09274 | +0.108% | $722K | $538K | 10x | as long as short |
| Gate A_USDT | +0.0100% | 4h | 0.09271 | +0.076% | $219K | $68K | 50x | as long as short |
| MEXC A_USDT | +0.0100% | 4h | 0.09277 | +0.140% | $4.0M | $146K | 100x | as long as short |
| KuCoin AUSDTM | +0.0100% | 4h | 0.09284 | +0.216% | $685K | $50K | 75x | as long as short |
| Bitget AUSDT | +0.0100% | 4h | 0.09274 | +0.108% | $911K | $270K | 75x | as long as short |
| BingX A-USDT | +0.0100% | 4h | 0.09269 | +0.054% | — | $6.5M | — | as long as short |
| Variational Omni A | +0.0100% | 4h | 0.09252 | −0.133% | $1K | $1 | — | as long as short |
Injective A/USDC PERP
Bybit AUSDT
OKX A-USDT-SWAP
Gate A_USDT
MEXC A_USDT
KuCoin AUSDTM
Bitget AUSDT
BingX A-USDT
Variational Omni AShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin A-USDTlong | +0.0154% | 4h | 0.09264 | long leg | $148K | $8K | 75x |