Funding you earn now, next payment 23:00 UTC+0.2062%/8h= +225.7% APRpaid last 24h +0.639%
Price spread now: Deribit against BloFin+0.110%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1191.190% of the position
Funding, last 6 days (all we have)+1.830%+$183 on $10k
+Price spread, last 3 days (all we have)+0.120%+$12 · spread now +0.110%, 7d avg +0.102%
=The price spread sits at its 7-day average of +0.102%, so right now this pair is about funding alone: +$62 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BILL-USDT | 0.01359 | 0.0046 | pay 0.0023% / 4h | 1h 10m | $140K | $31K | 20x |
| Short | Deribit BILL_USDC-PERPETUAL | 0.01361 | 0.2108 | get 0.0263% / 1h | 10m 35s | $106K | $15K | 10x |
BloFin BILL-USDT
Deribit BILL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $432.92
- Price spread: +0.110% → +0.102%
- $0.86
- Slippage, 4 orders
- −$100.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $314.76
- Costs to cover
- 1.190%
- Break-even
- 1.9 days
Slippage from BloFin: live order book, 63 min ago; Deribit: 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, 63 min ago | 11.13 bp | 44.5 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 8 min ago | 12.88 bp | 16.4 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
BILL on 16 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 BILL-USDTlong | +0.0046% | 4h | 0.01359 | long leg | $140K | $31K | 20x | |
| Aster BILLUSDT | +0.0100% | 4h | 0.01359 | +0.022% | $2K | $4K | 5x | as long as short |
| OKX BILL-USDT-SWAP | +0.0100% | 4h | 0.01359 | 0.000% | $1.0M | $2.4M | 20x | as long as short |
| Gate BILL_USDT | +0.0100% | 4h | 0.01360 | +0.074% | $275K | $84K | 20x | as long as short |
| Bitget BILLUSDT | +0.0100% | 4h | 0.01360 | +0.074% | $616K | $764K | 20x | as long as short |
| SunX BILL-USDT | +0.0100% | 4h | 0.01361 | +0.147% | $1K | $1.0M | 20x | as long as short |
| Bybit BILLUSDT | +0.0102% | 4h | 0.01358 | −0.074% | $1.3M | $908K | 20x | as long as short |
| Binance BILLUSDT | +0.0295% | 4h | 0.01360 | +0.069% | $2.4M | $3.5M | 20x | as long as short |
| MEXC BILL_USDT | +0.0300% | 4h | 0.01360 | +0.074% | $876K | $303K | 50x | as long as short |
| Extended BILL-USD | +0.0304% | 1h | 0.01360 | +0.050% | $1K | $213K | 5x | as long as short |
Aster BILLUSDT
OKX BILL-USDT-SWAP
Gate BILL_USDT
Bitget BILLUSDT
SunX BILL-USDT
Bybit BILLUSDT
Binance BILLUSDT
MEXC BILL_USDT
Extended BILL-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BILL-USDT | +0.0324% | 4h | 0.01359 | 0.000% | — | $1.7M | — | as long as short |
| Backpack BILL_USDC_PERP | +0.0362% | 1h | 0.01358 | −0.074% | $21K | $955 | 5x | as long as short |
| KuCoin BILLUSDTM | +0.0472% | 4h | 0.01360 | +0.081% | $433K | $268K | 20x | as long as short |
| Coinbase International BILL-PERP-INTX | +0.0728% | 1h | 0.01358 | −0.037% | $46K | $96K | 50x | as long as short |
| HTX BILL-USDT | +0.0968% | 4h | 0.01365 | +0.442% | $19K | $29K | 20x | as long as short |
| Deribit BILL_USDC-PERPETUALshort | +0.2108% | 1h | 0.01361 | +0.110% | $106K | $15K | 10x |
BingX BILL-USDT
Backpack BILL_USDC_PERP
KuCoin BILLUSDTM
Coinbase International BILL-PERP-INTX
HTX BILL-USDT