Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against BloFin−0.087%91s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as 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−$1321.322% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now −0.087%, 7d avg −0.001%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.087% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.001%). Swap the legs. The two prices were read 91 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 | BloFin AT-USDT | 0.1573 | 0.0112 | pay 0.0056% / 4h | 1h 59m | $356K | $8K | 50x |
| Short | Binance ATUSDT | 0.1572 | 0.0100 | get 0.0050% / 4h | 1h 59m | $8.6M | $3.6M | 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
- −$2.56
- Price spread: −0.087% → −0.001%
- −$8.67
- Slippage, 4 orders
- −$110.25
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$143.47
- Costs to cover
- 1.322%
- 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 | 9.59 bp | 26.6 bp −$27 | 149.2 bp −$1,492 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 3.19 bp | 31.6 bp −$32 | 188.6 bp −$1,886 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ATUSDT | +0.0100% | 4h | 0.1573 | −0.003% | $32K | $13K | 5x | as long as short |
| Binance ATUSDTshort | +0.0100% | 4h | 0.1572 | −0.087% | $8.6M | $3.6M | 50x | |
| Bybit ATUSDT | +0.0100% | 4h | 0.1573 | −0.019% | $513K | $1.0M | 25x | as long as short |
| OKX AT-USDT-SWAP | +0.0100% | 4h | 0.1575 | +0.127% | $216K | $544K | 20x | as long as short |
| Gate AT_USDT | +0.0100% | 4h | 0.1568 | −0.312% | $153K | $187K | 20x | as long as short |
| MEXC AT_USDT | +0.0100% | 4h | 0.1571 | −0.127% | $243K | $165K | 50x | as long as short |
| KuCoin ATUSDTM | +0.0100% | 4h | 0.1569 | −0.254% | $253K | $157K | 50x | as long as short |
| Bitget ATUSDT | +0.0100% | 4h | 0.1571 | −0.127% | $664K | $171K | 50x | as long as short |
| BingX AT-USDT | +0.0100% | 4h | 0.1572 | −0.064% | — | $6.5M | — | as long as short |
| BloFin AT-USDTlong | +0.0112% | 4h | 0.1573 | long leg | $356K | $8K | 50x |
BloFin AT-USDT
Binance ATUSDT
Aster ATUSDT
Bybit ATUSDT
OKX AT-USDT-SWAP
Gate AT_USDT
MEXC AT_USDT
KuCoin ATUSDTM
Bitget ATUSDT
BingX AT-USDT