Funding you earn now, next payment 04:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h +0.004%
Price spread now: Binance against BloFin+0.057%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1011.011% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)−0.214%−$21 · spread now +0.057%, 7d avg −0.022%
=The price spread pays, funding is against you. Binance is 0.079% dearer against BloFin than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of −0.022%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AIXBT-USDT | 0.02293 | 0.0137 | pay 0.0068% / 4h | 1h 15m | $119K | $76K | 50x |
| Short | Binance AIXBTUSDT | 0.02294 | 0.0100 | get 0.0050% / 4h | 1h 15m | $2.4M | $3.2M | 50x |
Funding 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
- −$7.67
- Price spread: +0.057% → −0.022%
- $7.92
- Slippage, 4 orders
- −$79.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$100.82
- Costs to cover
- 1.011%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 21 min ago; Binance: live order book, 6 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, 21 min ago | 4.36 bp | 12.7 bp −$13 | 51.0 bp −$510 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 4.33 bp | 29.0 bp −$29 | 138.6 bp −$1,386 | 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 | −0.1147% | 1h | 0.02294 | +0.049% | $19K | $7K | 10x | as long as short |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02297 | +0.157% | $394K | $203K | 3x | as long as short |
| Binance AIXBTUSDTshort | +0.0100% | 4h | 0.02294 | +0.057% | $2.4M | $3.2M | 50x | |
| Bybit AIXBTUSDT | +0.0100% | 4h | 0.02292 | −0.044% | $1.2M | $1.1M | 25x | as long as short |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02290 | −0.131% | $451K | $1.6M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02298 | +0.218% | $202K | $101K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02294 | +0.044% | $610K | $217K | 100x | as long as short |
| KuCoin AIXBTUSDTM | +0.0100% | 4h | 0.02298 | +0.218% | $1.2M | $1.4M | 30x | as long as short |
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02297 | +0.174% | $654K | $525K | 20x | as long as short |
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02294 | +0.044% | — | $6.6M | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AIXBT | +0.0100% | 4h | 0.02299 | +0.264% | $101K | $10K | — | as long as short |
| BloFin AIXBT-USDTlong | +0.0137% | 4h | 0.02293 | long leg | $119K | $76K | 50x | |
| GMX AIXBT/USD [ETH-USDC] | L +0.0271% / S −0.0486% | 1h | 0.02293 | −0.004% | $5K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02292 | −0.028% | — | — | — | as long as short |
BloFin AIXBT-USDT
Binance AIXBTUSDT
Kraken Futures PF_AIXBTUSD
Hyperliquid AIXBT
Bybit AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
MEXC AIXBT_USDT
KuCoin AIXBTUSDTM
Bitget AIXBTUSDT
BingX AIXBT-USDT
Variational Omni AIXBT
GMX AIXBT/USD [ETH-USDC]