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: Binance against BloFin−0.035%71s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as 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)−0.224%−$22 · spread now −0.035%, 7d avg −0.021%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BAT-USDT | 0.08430 | 0.0096 | pay 0.0096% / 8h | 3h 32m | $100K | $32K | 50x |
| Short | Binance BATUSDT | 0.08427 | 0.0100 | get 0.0100% / 8h | 3h 32m | $1.9M | $2.0M | 50x |
BloFin BAT-USDT
Binance BATUSDTFunding 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
- $0.76
- Price spread: −0.035% → −0.021%
- −$1.39
- Slippage, 4 orders
- −$63.21
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$85.84
- Costs to cover
- 0.852%
- Break-even
- 797.8 days
Slippage from BloFin: live order book, 20 min ago; Binance: live order book, 2 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, 20 min ago | 7.68 bp | 19.1 bp −$19 | 50.5 bp −$505 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.19 bp | 22.3 bp −$22 | 113.4 bp −$1,134 | 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 | −0.014% | $116K | $7K | 10x | as long as short |
| BloFin BAT-USDTlong | +0.0096% | 8h | 0.08430 | long leg | $100K | $32K | 50x | |
| Binance BATUSDTshort | +0.0100% | 8h | 0.08427 | −0.035% | $1.9M | $2.0M | 50x | |
| Bybit BATUSDT | +0.0100% | 8h | 0.08431 | +0.012% | $1.1M | $480K | 25x | as long as short |
| OKX BAT-USDT-SWAP | +0.0100% | 8h | 0.08418 | −0.142% | $533K | $410K | 20x | as long as short |
| Gate BAT_USDT | +0.0100% | 8h | 0.08431 | +0.012% | $83K | $32K | 25x | as long as short |
| MEXC BAT_USDT | +0.0100% | 8h | 0.08427 | −0.036% | $810K | $636K | 125x | as long as short |
| KuCoin BATUSDTM | +0.0100% | 8h | 0.08440 | +0.119% | $264K | $62K | 20x | as long as short |
| Bitget BATUSDT | +0.0100% | 8h | 0.08433 | +0.036% | $675K | $165K | 50x | as long as short |
| BingX BAT-USDT | +0.0100% | 8h | 0.08426 | −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 | +0.030% | $115K | $78 | — | as long as short |
Variational Omni BAT