Funding you earn now, next payment 04:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.15 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against Binance−0.388%71s7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$224as 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−$2232.225% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 3 days (all we have)+0.303%+$30 · spread now −0.388%, 7d avg +0.025%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.413% cheaper against Binance than usual: you would sell low and buy high (−$41 if the spread goes back to its 7-day average of +0.025%). Swap the legs. The two prices were read 71 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 AIAUSDT | 0.06950 | 0.0217 | pay 0.0108% / 4h | 2h 49m | $4.9M | $2.2M | 20x |
| Short | BloFin AIA-USDT | 0.06923 | 0.0186 | get 0.0093% / 4h | 2h 49m | $325K | $17K | 20x |
Binance AIAUSDT
BloFin AIA-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
- −$6.49
- Price spread: −0.388% → +0.025%
- −$41.31
- Slippage, 4 orders
- −$200.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$270.31
- Costs to cover
- 2.225%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; BloFin: 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 Binance live order book, 3 min ago | 10.81 bp | 53.5 bp −$53 | 360.7 bp −$3,607 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 12 min ago | 4.28 bp | 47.1 bp −$47 | 123.5 bp −$1,235 | doesn't fit | doesn't fit |
AIA on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate AIA_USDT | +0.0100% | 4h | 0.06965 | +0.216% | $337K | $104K | 20x | as long as short |
| BloFin AIA-USDTshort | +0.0186% | 4h | 0.06923 | −0.388% | $325K | $17K | 20x | |
| MEXC AIA_USDT | +0.0208% | 4h | 0.06953 | +0.043% | $3.7M | $482K | 20x | as long as short |
| Extended AIA-USD | +0.0216% | 1h | 0.06952 | +0.034% | $3K | $219K | 5x | as long as short |
| Binance AIAUSDTlong | +0.0217% | 4h | 0.06950 | long leg | $4.9M | $2.2M | 20x | |
| BingX AIA-USDT | +0.0222% | 4h | 0.06955 | +0.072% | — | $2.3M | — | as long as short |
| Aster AIAUSDT | +0.1215% | 4h | 0.06924 | −0.368% | $25K | $38K | 5x | as long as short |
Gate AIA_USDT
MEXC AIA_USDT
Extended AIA-USD
BingX AIA-USDT
Aster AIAUSDT