Funding you earn now, next payment 08:00 UTC+0.0234%/8h= +25.7% APRnext payment +$1.17 per $10,000 · paid last 24h +0.058%
Price spread now: BloFin against Binance+0.061%51s7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as 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−$550.546% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.061%, 7d avg +0.038%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.024% dearer against Binance than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.038%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.149% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.17 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BANKUSDT | 0.03428 | 0.0251 | pay 0.0126% / 4h | 3h 00m | $7.5M | $31.1M | 50x |
| Short | BloFin BANK-USDT | 0.03430 | 0.0485 | get 0.0243% / 4h | 3h 00m | $436K | $78K | 50x |
Binance BANKUSDT
BloFin BANK-USDTFunding 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
- $49.19
- Price spread: +0.061% → +0.038%
- $2.35
- Slippage, 4 orders
- −$32.61
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$3.07
- Costs to cover
- 0.546%
- Break-even
- 7.4 days
Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 30 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, 11 min ago | 1.45 bp | 16.2 bp −$16 | 70.0 bp −$700 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 2.88 bp | 12.0 bp −$12 | 33.4 bp −$334 | doesn't fit | doesn't fit |
BANK 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BANKUSDT | +0.0100% | 4h | 0.03431 | +0.104% | $54K | $95K | 5x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03432 | +0.120% | $714K | $1.4M | 10x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03432 | +0.120% | $1.2M | $156K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03433 | +0.149% | $39K | $236K | 20x | as long as short |
| MEXC BANK_USDT | +0.0244% | 4h | 0.03433 | +0.149% | $2.5M | $536K | 20x | as long as short |
| Binance BANKUSDTlong | +0.0251% | 4h | 0.03428 | long leg | $7.5M | $31.1M | 50x | |
| edgeX BANKUSDC | +0.0259% | 4h | 0.03434 | +0.185% | $1K | $246K | 5x | as long as short |
| Bybit BANKUSDT | +0.0449% | 4h | 0.03428 | +0.003% | $2.8M | $6.5M | 20x | as long as short |
| BloFin BANK-USDTshort | +0.0485% | 4h | 0.03430 | +0.061% | $436K | $78K | 50x | |
| BingX BANK-USDT | +0.0660% | 4h | 0.03428 | +0.003% | — | $6.9M | — | as long as short |
Aster BANKUSDT
Gate BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
MEXC BANK_USDT
edgeX BANKUSDC
Bybit BANKUSDT
BingX BANK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BANKUSDT | +0.0698% | 4h | 0.03437 | +0.265% | $2.8M | $3.5M | 25x | as long as short |
Bitget BANKUSDT