Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h −0.008%
Price spread now: BloFin against Binance+0.165%101s7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as 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−$880.877% of the position
Funding, last 7 days+0.148%+$15 on $10k
+Price spread, last 4 days (all we have)−0.196%−$20 · spread now +0.165%, 7d avg +0.017%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.147% dearer against Binance than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 101 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 AIXBTUSDT | 0.02290 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $2.5M | $4.3M | 50x |
| Short | BloFin AIXBT-USDT | 0.02294 | 0.0131 | get 0.0065% / 4h | 3h 59m | $120K | $92K | 50x |
Funding 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
- $6.41
- Price spread: +0.165% → +0.017%
- $14.74
- Slippage, 4 orders
- −$65.69
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$66.54
- Costs to cover
- 0.877%
- Break-even
- 79.6 days
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 67 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, 7 min ago | 2.18 bp | 24.3 bp −$24 | 123.6 bp −$1,236 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 67 min ago | 6.44 bp | 18.8 bp −$19 | 53.1 bp −$531 | doesn't fit | doesn't fit |
AIXBT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AIXBTUSD | −0.0891% | 1h | 0.02291 | +0.022% | $19K | $5K | 10x | as long as short |
| Variational Omni AIXBT | +0.0021% | 4h | 0.02290 | −0.002% | $99K | $12K | — | as long as short |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02293 | +0.134% | $408K | $230K | 3x | as long as short |
| Binance AIXBTUSDTlong | +0.0100% | 4h | 0.02290 | long leg | $2.5M | $4.3M | 50x | |
| Bybit AIXBTUSDT | +0.0100% | 4h | 0.02287 | −0.141% | $1.2M | $1.3M | 25x | as long as short |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02291 | +0.034% | $462K | $1.9M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02293 | +0.121% | $214K | $140K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02290 | −0.010% | $708K | $281K | 100x | as long as short |
| KuCoin AIXBTUSDTM | +0.0100% | 4h | 0.02291 | +0.034% | $1.1M | $1.5M | 30x | as long as short |
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02293 | +0.121% | $656K | $643K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02291 | +0.034% | — | $6.7M | — | as long as short |
| BloFin AIXBT-USDTshort | +0.0131% | 4h | 0.02294 | +0.165% | $120K | $92K | 50x | |
| GMX AIXBT/USD [ETH-USDC] | L +0.0247% / S −0.0698% | 1h | 0.02294 | +0.143% | $3K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02292 | +0.086% | — | — | — | as long as short |
Binance AIXBTUSDT
BloFin AIXBT-USDT
Kraken Futures PF_AIXBTUSD
Variational Omni AIXBT
Hyperliquid AIXBT
Bybit AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
MEXC AIXBT_USDT
KuCoin AIXBTUSDTM
Bitget AIXBTUSDT
BingX AIXBT-USDT
GMX AIXBT/USD [ETH-USDC]