Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.026%
Price spread now: BloFin against Binance−0.134%101s7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as 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−$1011.012% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.134%, 7d avg +0.058%
=Funding pays, the price is against you. BloFin is 0.192% cheaper against Binance than usual: you would sell low and buy high (spread −0.134% now, against its 7-day average of +0.058%). If the spread goes back, that is −$19 on $10k: about 2.7 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.010% in total) that is about 5 months. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.010% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AKTUSDT | 0.6710 | 0.0100 | pay 0.0050% / 4h | 41m 36s | $2.5M | $12.4M | 50x |
| Short | BloFin AKT-USDT | 0.6701 | 0.0340 | get 0.0170% / 4h | 41m 36s | $162K | $353K | 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
- $50.4
- Price spread: −0.134% → +0.058%
- −$19.17
- Slippage, 4 orders
- −$79.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$70.02
- Costs to cover
- 1.012%
- Break-even
- 16.7 days
Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 30 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, 13 min ago | 2.23 bp | 29.8 bp −$30 | 82.1 bp −$821 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 4.52 bp | 14.3 bp −$14 | 42.2 bp −$422 | doesn't fit | doesn't fit |
AKT 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 AKT/USDC PERP | +0.0033% | 1h | 0.6681 | −0.432% | $910 | $35K | 5.5x | as long as short |
| Binance AKTUSDTlong | +0.0100% | 4h | 0.6710 | long leg | $2.5M | $12.4M | 50x | |
| Bybit AKTUSDT | +0.0100% | 4h | 0.6716 | +0.089% | $1.8M | $5.9M | 25x | as long as short |
| Gate AKT_USDT | +0.0100% | 4h | 0.6704 | −0.089% | $347K | $347K | 50x | as long as short |
| MEXC AKT_USDT | +0.0100% | 4h | 0.6713 | +0.045% | $15.3M | $997K | 50x | as long as short |
| Bitget AKTUSDT | +0.0100% | 4h | 0.6715 | +0.075% | $1.4M | $1.1M | 50x | as long as short |
| BingX AKT-USDT | +0.0100% | 4h | 0.6714 | +0.060% | — | $1.4M | — | as long as short |
| Variational Omni AKT | +0.0100% | 4h | 0.6716 | +0.092% | $143K | $293K | — | as long as short |
| Extended AKT-USD | +0.0104% | 1h | 0.6708 | −0.027% | $83K | $781K | 10x | as long as short |
| BloFin AKT-USDTshort | +0.0340% | 4h | 0.6701 | −0.134% | $162K | $353K | 50x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AKTUSD | +0.0396% | 1h | 0.6713 | +0.050% | $21K | $74K | 10x | as long as short |
Binance AKTUSDT
BloFin AKT-USDT
Injective AKT/USDC PERP
Bybit AKTUSDT
Gate AKT_USDT
MEXC AKT_USDT
Bitget AKTUSDT
BingX AKT-USDT
Variational Omni AKT
Extended AKT-USD
Kraken Futures PF_AKTUSD