Funding you earn now, next payment 00:00 UTC−0.0008%/8h= −0.8% APRnext payment −$0.04 per $10,000 · paid last 24h +0.004%
Price spread now: Binance against BloFin+0.056%101s7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as 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−$1041.041% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 3 days (all we have)+0.005%$0 · spread now +0.056%, 7d avg −0.055%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.111% dearer against BloFin than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.055%. The two prices were read 101 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 ATH-USDT | 0.005554 | 0.0108 | pay 0.0054% / 4h | 7m 36s | $171K | $68K | 75x |
| Short | Binance ATHUSDT | 0.005557 | 0.0100 | get 0.0050% / 4h | 7m 36s | $3.4M | $3.8M | 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
- −$1.58
- Price spread: +0.056% → −0.055%
- $11.07
- Slippage, 4 orders
- −$82.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$94.57
- Costs to cover
- 1.041%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 62 min ago; Binance: live order book, 14 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 | 3.60 bp | 18.1 bp −$18 | 62.0 bp −$620 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.90 bp | 27.6 bp −$28 | 79.8 bp −$798 | doesn't fit | doesn't fit |
ATH on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ATHUSD | −0.3571% | 1h | 0.005559 | +0.091% | $19K | $106K | 10x | as long as short |
| Variational Omni ATH | −0.0016% | 4h | 0.005535 | −0.339% | $186K | $94K | — | as long as short |
| dYdX ATH-USD | 0.0000% | 1h | 0.005565 | +0.203% | $11K | $16 | 5x | as long as short |
| OKX ATH-USDT-SWAP | +0.0076% | 4h | 0.005548 | −0.108% | $705K | $1.2M | 20x | as long as short |
| Aster ATHUSDT | +0.0100% | 4h | 0.005562 | +0.150% | $4K | $38K | 5x | as long as short |
| Binance ATHUSDTshort | +0.0100% | 4h | 0.005557 | +0.056% | $3.4M | $3.8M | 50x | |
| Bybit ATHUSDT | +0.0100% | 4h | 0.005551 | −0.054% | $4.4M | $2.3M | 25x | as long as short |
| Gate ATH_USDT | +0.0100% | 4h | 0.005555 | +0.018% | $792K | $521K | 30x | as long as short |
| MEXC ATH_USDT | +0.0100% | 4h | 0.005563 | +0.162% | $9.0M | $589K | 50x | as long as short |
| KuCoin ATHUSDTM | +0.0100% | 4h | 0.005560 | +0.108% | $568K | $78K | 30x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ATHUSDT | +0.0100% | 4h | 0.005563 | +0.162% | $1.6M | $813K | 25x | as long as short |
| BingX ATH-USDT | +0.0100% | 4h | 0.005556 | +0.036% | — | $21.3M | — | as long as short |
| BloFin ATH-USDTlong | +0.0108% | 4h | 0.005554 | long leg | $171K | $68K | 75x |
BloFin ATH-USDT
Binance ATHUSDT
Kraken Futures PF_ATHUSD
Variational Omni ATH
OKX ATH-USDT-SWAP
Aster ATHUSDT
Bybit ATHUSDT
Gate ATH_USDT
MEXC ATH_USDT
KuCoin ATHUSDTM
Bitget ATHUSDT
BingX ATH-USDT