Settings8H · net · $10k
Funding arb · Price arb /

AT

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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$1321.322% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees−0.083%−$8 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AT-USDT0.15730.0112pay 0.0056% / 4h1h 59m$356K$8K50x
ShortBinance ATUSDT0.15720.0100get 0.0050% / 4h1h 59m$8.6M$3.6M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 26 min ago9.59 bp26.6 bp −$27149.2 bp −$1,492doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago3.19 bp31.6 bp −$32188.6 bp −$1,886doesn't fitdoesn't fit

AT on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ATUSDT+0.0100%4h0.1573−0.003%$32K$13K5xas long as short
Binance ATUSDTshort+0.0100%4h0.1572−0.087%$8.6M$3.6M50x
Bybit ATUSDT+0.0100%4h0.1573−0.019%$513K$1.0M25xas long as short
OKX AT-USDT-SWAP+0.0100%4h0.1575+0.127%$216K$544K20xas long as short
Gate AT_USDT+0.0100%4h0.1568−0.312%$153K$187K20xas long as short
MEXC AT_USDT+0.0100%4h0.1571−0.127%$243K$165K50xas long as short
KuCoin ATUSDTM+0.0100%4h0.1569−0.254%$253K$157K50xas long as short
Bitget ATUSDT+0.0100%4h0.1571−0.127%$664K$171K50xas long as short
BingX AT-USDT+0.0100%4h0.1572−0.064%$6.5Mas long as short
BloFin AT-USDTlong+0.0112%4h0.1573long leg$356K$8K50x