Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance−0.094%101s7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as 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−$850.852% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.353%+$35 · spread now −0.094%, 7d avg +0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.115% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.021%. 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 | Binance BATUSDT | 0.08438 | 0.0100 | pay 0.0100% / 8h | 3h 31m | $1.9M | $2.0M | 50x |
| Short | BloFin BAT-USDT | 0.08430 | 0.0096 | get 0.0096% / 8h | 3h 31m | $100K | $32K | 50x |
Binance BATUSDT
BloFin BAT-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
- −$0.76
- Price spread: −0.094% → +0.021%
- −$11.51
- Slippage, 4 orders
- −$63.21
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$97.48
- Costs to cover
- 0.852%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 21 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, 3 min ago | 1.19 bp | 23.1 bp −$23 | 148.3 bp −$1,483 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 21 min ago | 7.68 bp | 20.7 bp −$21 | 53.9 bp −$539 | doesn't fit | doesn't fit |
BAT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BATUSD | −0.0231% | 1h | 0.08429 | −0.108% | $116K | $7K | 10x | as long as short |
| BloFin BAT-USDTshort | +0.0096% | 8h | 0.08430 | −0.094% | $100K | $32K | 50x | |
| Binance BATUSDTlong | +0.0100% | 8h | 0.08438 | long leg | $1.9M | $2.0M | 50x | |
| Bybit BATUSDT | +0.0100% | 8h | 0.08431 | −0.082% | $1.1M | $480K | 25x | as long as short |
| OKX BAT-USDT-SWAP | +0.0100% | 8h | 0.08436 | −0.023% | $534K | $411K | 20x | as long as short |
| Gate BAT_USDT | +0.0100% | 8h | 0.08431 | −0.082% | $83K | $32K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08433 | −0.059% | $810K | $636K | 125x | as long as short |
| KuCoin BATUSDTM | +0.0100% | 8h | 0.08440 | +0.024% | $264K | $62K | 20x | as long as short |
| Bitget BATUSDT | +0.0100% | 8h | 0.08434 | −0.047% | $675K | $165K | 50x | as long as short |
| BingX BAT-USDT | +0.0100% | 8h | 0.08434 | −0.047% | — | $1.3M | — | as long as short |
Kraken Futures PF_BATUSD
Bybit BATUSDT
OKX BAT-USDT-SWAP
Gate BAT_USDT
MEXC BAT_USDT
KuCoin BATUSDTM
Bitget BATUSDT
BingX BAT-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BAT | +0.0100% | 8h | 0.08433 | −0.064% | $115K | $78 | — | as long as short |
Variational Omni BAT