Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.058%
Price spread now: Binance against BloFin+0.087%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$500.505% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 4 days (all we have)−0.142%−$14 · spread now +0.087%, 7d avg −0.035%
=The price spread pays, funding is against you. Binance is 0.122% dearer against BloFin than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of −0.035%): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 41 hours. At the pace of the last 7 days (−0.149% in total) that is about 5.7 days.
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 −$1.20 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 | BloFin BANK-USDT | 0.03455 | 0.0531 | pay 0.0266% / 4h | 1h 33m | $446K | $90K | 50x |
| Short | Binance BANKUSDT | 0.03458 | 0.0291 | get 0.0146% / 4h | 1h 33m | $7.6M | $31.5M | 50x |
BloFin BANK-USDT
Binance BANKUSDTFunding 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
- −$50.4
- Price spread: +0.087% → −0.035%
- $12.2
- Slippage, 4 orders
- −$28.45
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$88.65
- Costs to cover
- 0.505%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 53 min ago; Binance: live order book, 8 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, 53 min ago | 1.45 bp | 9.1 bp −$9 | 27.4 bp −$274 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.44 bp | 13.7 bp −$14 | 41.1 bp −$411 | 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 | 0.03457 | +0.070% | $56K | $92K | 5x | as long as short |
| Gate BANK_USDT | +0.0100% | 4h | 0.03454 | −0.029% | $724K | $1.3M | 10x | as long as short |
| KuCoin BANKUSDTM | +0.0100% | 4h | 0.03454 | −0.029% | $1.2M | $192K | 50x | as long as short |
| HTX BANK-USDT | +0.0100% | 4h | 0.03452 | −0.087% | $40K | $230K | 20x | as long as short |
| MEXC BANK_USDT | +0.0290% | 4h | 0.03458 | +0.087% | $2.5M | $492K | 20x | as long as short |
| Binance BANKUSDTshort | +0.0291% | 4h | 0.03458 | +0.087% | $7.6M | $31.5M | 50x | |
| edgeX BANKUSDC | +0.0320% | 4h | 0.03454 | −0.022% | $1K | $246K | 5x | as long as short |
| BloFin BANK-USDTlong | +0.0531% | 4h | 0.03455 | long leg | $446K | $90K | 50x | |
| Bybit BANKUSDT | +0.0548% | 4h | 0.03458 | +0.087% | $2.8M | $6.5M | 20x | as long as short |
| Bitget BANKUSDT | +0.0696% | 4h | 0.03458 | +0.087% | $2.8M | $3.5M | 25x | as long as short |
Aster BANKUSDT
Gate BANK_USDT
KuCoin BANKUSDTM
HTX BANK-USDT
MEXC BANK_USDT
edgeX BANKUSDC
Bybit BANKUSDT
Bitget BANKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BANK-USDT | +0.0704% | 4h | 0.03456 | +0.029% | — | $6.9M | — | as long as short |
BingX BANK-USDT