Funding you earn now, next payment 08:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against BloFin+0.103%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1361.360% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.392%−$39 · spread now +0.103%, 7d avg −0.038%
=The price spread pays, funding is against you. Binance is 0.141% dearer against BloFin than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of −0.038%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin APR-USDT | 0.1477 | 0.0137 | pay 0.0068% / 4h | 1h 58m | $288K | $111K | 50x |
| Short | Binance APRUSDT | 0.1479 | 0.0100 | get 0.0050% / 4h | 1h 58m | $6.7M | $5.1M | 50x |
BloFin APR-USDT
Binance APRUSDTFunding 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
- −$7.76
- Price spread: +0.103% → −0.038%
- $14.13
- Slippage, 4 orders
- −$114.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$129.65
- Costs to cover
- 1.360%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 26 min ago; Binance: live order book, 10 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, 26 min ago | 10.15 bp | 26.8 bp −$27 | 127.4 bp −$1,274 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 3.38 bp | 35.8 bp −$36 | 167.7 bp −$1,677 | doesn't fit | doesn't fit |
APR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APRUSDTshort | +0.0100% | 4h | 0.1479 | +0.103% | $6.7M | $5.1M | 50x | |
| Bybit APRUSDT | +0.0100% | 4h | 0.1478 | +0.054% | $1.5M | $643K | 20x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1478 | +0.068% | $370K | $173K | 50x | as long as short |
| SunX APR-USDT | +0.0100% | 4h | 0.1478 | +0.095% | $1K | $1.1M | 20x | as long as short |
| HTX APR-USDT | +0.0100% | 4h | 0.1483 | +0.406% | $19K | $37K | 20x | as long as short |
| Bitget APRUSDT | +0.0118% | 4h | 0.1478 | +0.088% | $3.9M | $1.0M | 50x | as long as short |
| BloFin APR-USDTlong | +0.0137% | 4h | 0.1477 | long leg | $288K | $111K | 50x | |
| BingX APR-USDT | +0.0322% | 4h | 0.1477 | 0.000% | — | $1.4M | — | as long as short |
| OKX APR-USDT-SWAP | +0.0330% | 4h | 0.1479 | +0.135% | $1.3M | $2.5M | 20x | as long as short |
| Aster APRUSDT | +0.0718% | 4h | 0.1477 | 0.000% | $71K | $80K | 5x | as long as short |
Bybit APRUSDT
MEXC APR_USDT
SunX APR-USDT
HTX APR-USDT
Bitget APRUSDT
BingX APR-USDT
OKX APR-USDT-SWAP
Aster APRUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APRUSDTM | +0.0836% | 4h | 0.1476 | −0.047% | $2.4M | $342K | 50x | as long as short |
| Gate APR_USDT | +0.0960% | 4h | 0.1476 | −0.095% | $700K | $205K | 25x | as long as short |
KuCoin APRUSDTM
Gate APR_USDT