Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Binance−0.147%51s7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as 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−$1841.838% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+1.055%+$105 · spread now −0.147%, 7d avg +0.040%
=Funding pays, the price is against you. BloFin is 0.187% cheaper against Binance than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of +0.040%). If the spread goes back, that is −$19 on $10k: about 21 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.004% in total) that is about 12 months. The two prices were read 51 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 | Binance ACUUSDT | 0.1221 | 0.1009 | pay 0.0504% / 4h | 2h 18m | $2.6M | $1.8M | 10x |
| Short | BloFin ACU-USDT | 0.1220 | 0.1038 | get 0.0519% / 4h | 2h 18m | $118K | $60K | 10x |
Binance ACUUSDT
BloFin ACU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $6.24
- Price spread: −0.147% → +0.040%
- −$18.7
- Slippage, 4 orders
- −$161.76
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$196.22
- Costs to cover
- 1.838%
- Break-even
- 227.0 days
Slippage from Binance: live order book, 1 min ago; BloFin: live order book, 60 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 Binance live order book, 1 min ago | 2.87 bp | 47.6 bp −$48 | 508.0 bp −$5,080 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 60 min ago | 2.84 bp | 33.4 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
ACU 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ACUUSDT | +0.0100% | 4h | 0.1220 | −0.131% | $855K | $691K | 13x | as long as short |
| OKX ACU-USDT-SWAP | +0.0100% | 4h | 0.1220 | −0.123% | $224K | $314K | 10x | as long as short |
| Gate ACU_USDT | +0.0100% | 4h | 0.1217 | −0.377% | $174K | $19K | 10x | as long as short |
| KuCoin ACUUSDTM | +0.0100% | 4h | 0.1216 | −0.426% | $562K | $32K | 10x | as long as short |
| Bitget ACUUSDT | +0.0100% | 4h | 0.1222 | +0.082% | $238K | $255K | 10x | as long as short |
| SunX ACU-USDT | +0.0100% | 4h | 0.1217 | −0.352% | $2K | $1.5M | 20x | as long as short |
| Aster ACUUSDT | +0.0796% | 4h | 0.1223 | +0.144% | $2K | $5K | 5x | as long as short |
| BingX ACU-USDT | +0.0916% | 4h | 0.1221 | −0.066% | — | $1.3M | — | as long as short |
| MEXC ACU_USDT | +0.0992% | 4h | 0.1221 | −0.008% | $13.9M | $345K | 50x | as long as short |
| Binance ACUUSDTlong | +0.1009% | 4h | 0.1221 | long leg | $2.6M | $1.8M | 10x |
Bybit ACUUSDT
OKX ACU-USDT-SWAP
Gate ACU_USDT
KuCoin ACUUSDTM
Bitget ACUUSDT
SunX ACU-USDT
Aster ACUUSDT
BingX ACU-USDT
MEXC ACU_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ACU-USDTshort | +0.1038% | 4h | 0.1220 | −0.147% | $118K | $60K | 10x |