Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against BloFin−0.096%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1511.506% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.981%+$98 · spread now −0.096%, 7d avg +0.031%
=Funding pays, the price is against you. Binance is 0.127% cheaper against BloFin than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of +0.031%). If the spread goes back, that is −$13 on $10k: about 37 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.001% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin B-USDT | 0.2074 | 0.0294 | pay 0.0147% / 4h | 58m 52s | $612K | $39K | 20x |
| Short | Binance BUSDT | 0.2072 | 0.0305 | get 0.0153% / 4h | 58m 52s | $12.0M | $2.2M | 20x |
BloFin B-USDT
Binance BUSDTFunding 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
- $2.42
- Price spread: −0.096% → +0.031%
- −$12.71
- Slippage, 4 orders
- −$128.58
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$160.87
- Costs to cover
- 1.506%
- Break-even
- 472.0 days
Slippage from BloFin: live order book, 23 min ago; Binance: live order book, 11 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, 23 min ago | 2.45 bp | 45.8 bp −$46 | 249.3 bp −$2,493 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.45 bp | 40.5 bp −$41 | 325.1 bp −$3,251 | doesn't fit | doesn't fit |
B on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BUSDT | +0.0100% | 4h | 0.2070 | −0.193% | $1.7M | $1.1M | 13x | as long as short |
| Gate B_USDT | +0.0100% | 4h | 0.2069 | −0.241% | $3.5M | $647K | 20x | as long as short |
| KuCoin BUSDTM | +0.0100% | 4h | 0.2072 | −0.106% | $1.9M | $83K | 10x | as long as short |
| edgeX BUSDC | +0.0292% | 4h | 0.2071 | −0.167% | $3K | $389K | 5x | as long as short |
| BloFin B-USDTlong | +0.0294% | 4h | 0.2074 | long leg | $612K | $39K | 20x | |
| Extended B-USD | +0.0304% | 1h | 0.2071 | −0.124% | $17K | $195K | 5x | as long as short |
| Binance BUSDTshort | +0.0305% | 4h | 0.2072 | −0.096% | $12.0M | $2.2M | 20x | |
| MEXC B_USDT | +0.0308% | 4h | 0.2072 | −0.096% | $1.0M | $387K | 100x | as long as short |
| BingX B-USDT | +0.0664% | 4h | 0.2069 | −0.241% | — | $1.3M | — | as long as short |
| Bitget BUSDT | +0.0666% | 4h | 0.2071 | −0.145% | $2.8M | $414K | 10x | as long as short |
Bybit BUSDT
Gate B_USDT
KuCoin BUSDTM
edgeX BUSDC
Extended B-USD
MEXC B_USDT
BingX B-USDT
Bitget BUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BUSDT | +0.1065% | 4h | 0.2068 | −0.289% | $1.9M | $222K | 5x | as long as short |
Aster BUSDT