Funding you earn now, next payment 00:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.16 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Binance+0.245%91s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as 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−$930.933% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 3 days (all we have)−0.108%−$11 · spread now +0.245%, 7d avg +0.014%
=The price spread pays, funding is against you. BloFin is 0.231% dearer against Binance than usual: you sell high and buy low (spread +0.245% now, against its 7-day average of +0.014%): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 23 days. At the pace of the last 7 days (−0.018% in total) that is about 3 months. 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 | Binance BABYUSDT | 0.01225 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $3.3M | $4.1M | 50x |
| Short | BloFin BABY-USDT | 0.01228 | 0.0067 | get 0.0034% / 4h | 2h 11m | $257K | $25K | 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
- −$6.91
- Price spread: +0.245% → +0.014%
- $23.12
- Slippage, 4 orders
- −$71.32
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$77.12
- Costs to cover
- 0.933%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 4 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, 10 min ago | 4.07 bp | 17.3 bp −$17 | 209.0 bp −$2,090 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 8.16 bp | 29.9 bp −$30 | 64.6 bp −$646 | doesn't fit | doesn't fit |
BABY on 12 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 BABY-USDTshort | +0.0067% | 4h | 0.01228 | +0.245% | $257K | $25K | 50x | |
| Hyperliquid BABY | +0.0100% | 1h | 0.01225 | +0.008% | $124K | $95K | 3x | as long as short |
| Aster BABYUSDT | +0.0100% | 4h | 0.01226 | +0.072% | $5K | $9K | 5x | as long as short |
| Binance BABYUSDTlong | +0.0100% | 4h | 0.01225 | long leg | $3.3M | $4.1M | 50x | |
| Bybit BABYUSDT | +0.0100% | 4h | 0.01225 | −0.008% | $802K | $780K | 25x | as long as short |
| OKX BABY-USDT-SWAP | +0.0100% | 4h | 0.01224 | −0.073% | $363K | $519K | 10x | as long as short |
| Gate BABY_USDT | +0.0100% | 4h | 0.01225 | 0.000% | $145K | $111K | 50x | as long as short |
| MEXC BABY_USDT | +0.0100% | 4h | 0.01224 | −0.082% | $1.1M | $143K | 20x | as long as short |
| KuCoin BABYUSDTM | +0.0100% | 4h | 0.01224 | −0.082% | $429K | $51K | 30x | as long as short |
| Bitget BABYUSDT | +0.0100% | 4h | 0.01226 | +0.082% | $523K | $168K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BABY-USDT | +0.0100% | 4h | 0.01225 | 0.000% | — | $6.5M | — | as long as short |
| Extended BABY-USD | +0.0104% | 1h | 0.01225 | −0.010% | $4K | $215K | 5x | as long as short |
Binance BABYUSDT
BloFin BABY-USDT
Hyperliquid BABY
Aster BABYUSDT
Bybit BABYUSDT
OKX BABY-USDT-SWAP
Gate BABY_USDT
MEXC BABY_USDT
KuCoin BABYUSDTM
Bitget BABYUSDT
BingX BABY-USDT
Extended BABY-USD