Funding you earn now, next payment 04:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.22 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance+0.287%81s7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as 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−$1281.275% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.287%, 7d avg +0.002%
=The price spread pays, funding is against you. BloFin is 0.284% dearer against Binance than usual: you sell high and buy low (spread +0.287% now, against its 7-day average of +0.002%): +$28 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 21 days. At the pace of the last 7 days (−0.003% in total) that is about 21 months. The two prices were read 81 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 ATUSDT | 0.1600 | 0.0100 | pay 0.0050% / 4h | 27m 51s | $8.8M | $3.4M | 50x |
| Short | BloFin AT-USDT | 0.1605 | 0.0055 | get 0.0028% / 4h | 27m 51s | $374K | $8K | 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
- −$9.36
- Price spread: +0.287% → +0.002%
- $28.43
- Slippage, 4 orders
- −$105.53
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$108.46
- Costs to cover
- 1.275%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; BloFin: live order book, 7 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, 12 min ago | 3.14 bp | 30.3 bp −$30 | 296.1 bp −$2,961 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 3.14 bp | 30.6 bp −$31 | 95.1 bp −$951 | doesn't fit | doesn't fit |
AT on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AT-USDTshort | +0.0055% | 4h | 0.1605 | +0.287% | $374K | $8K | 50x | |
| Binance ATUSDTlong | +0.0100% | 4h | 0.1600 | long leg | $8.8M | $3.4M | 50x | |
| Bybit ATUSDT | +0.0100% | 4h | 0.1603 | +0.137% | $505K | $943K | 25x | as long as short |
| OKX AT-USDT-SWAP | +0.0100% | 4h | 0.1605 | +0.287% | $224K | $516K | 20x | as long as short |
| Gate AT_USDT | +0.0100% | 4h | 0.1600 | +0.005% | $154K | $183K | 20x | as long as short |
| MEXC AT_USDT | +0.0100% | 4h | 0.1600 | −0.026% | $215K | $162K | 50x | as long as short |
| KuCoin ATUSDTM | +0.0100% | 4h | 0.1597 | −0.213% | $273K | $147K | 50x | as long as short |
| Bitget ATUSDT | +0.0100% | 4h | 0.1601 | +0.037% | $692K | $167K | 50x | as long as short |
| BingX AT-USDT | +0.0100% | 4h | 0.1600 | −0.026% | — | $6.5M | — | as long as short |
| Aster ATUSDT | +0.0197% | 4h | 0.1599 | −0.065% | $32K | $12K | 5x | as long as short |
Binance ATUSDT
BloFin AT-USDT
Bybit ATUSDT
OKX AT-USDT-SWAP
Gate AT_USDT
MEXC AT_USDT
KuCoin ATUSDTM
Bitget ATUSDT
BingX AT-USDT
Aster ATUSDT