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: Binance against BloFin+0.195%111s7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as 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−$1161.161% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.196%−$20 · spread now +0.195%, 7d avg −0.057%
=The price spread pays, funding is against you. Binance is 0.252% dearer against BloFin than usual: you sell high and buy low (spread +0.195% now, against its 7-day average of −0.057%): +$25 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.5 days. At the pace of the last 7 days (−0.010% in total) that is about 6 months. The two prices were read 111 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 | BloFin AKT-USDT | 0.6530 | 0.0340 | pay 0.0170% / 4h | 2h 19m | $150K | $220K | 50x |
| Short | Binance AKTUSDT | 0.6543 | 0.0100 | get 0.0050% / 4h | 2h 19m | $2.3M | $12.2M | 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
- −$50.4
- Price spread: +0.195% → −0.057%
- $25.23
- Slippage, 4 orders
- −$94.05
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$141.23
- Costs to cover
- 1.161%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 62 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, 62 min ago | 9.14 bp | 19.8 bp −$20 | 39.8 bp −$398 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 3.85 bp | 32.0 bp −$32 | 75.5 bp −$755 | 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 | +2.312% | $910 | $35K | 5.5x | as long as short |
| Binance AKTUSDTshort | +0.0100% | 4h | 0.6543 | +0.195% | $2.3M | $12.2M | 50x | |
| Bybit AKTUSDT | +0.0100% | 4h | 0.6551 | +0.322% | $1.8M | $5.9M | 25x | as long as short |
| Gate AKT_USDT | +0.0100% | 4h | 0.6523 | −0.107% | $322K | $382K | 50x | as long as short |
| MEXC AKT_USDT | +0.0100% | 4h | 0.6540 | +0.153% | $14.8M | $983K | 50x | as long as short |
| Bitget AKTUSDT | +0.0100% | 4h | 0.6527 | −0.046% | $1.4M | $1.1M | 50x | as long as short |
| BingX AKT-USDT | +0.0100% | 4h | 0.6547 | +0.260% | — | $1.5M | — | as long as short |
| Variational Omni AKT | +0.0100% | 4h | 0.6527 | −0.048% | $139K | $294K | — | as long as short |
| Extended AKT-USD | +0.0104% | 1h | 0.6541 | +0.176% | $81K | $493K | 10x | as long as short |
| BloFin AKT-USDTlong | +0.0340% | 4h | 0.6530 | long leg | $150K | $220K | 50x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AKTUSD | +0.1096% | 1h | 0.6535 | +0.082% | $21K | $76K | 10x | as long as short |
BloFin AKT-USDT
Binance AKTUSDT
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