Settings8H · net · $10k
Funding arb · Price arb /

BLESS

all BLESS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.06 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance+0.289%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$980.979% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.986%+$99 · spread now +0.289%, 7d avg +0.062%
Together, before fees+0.993%+$99 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.227% dearer against Binance than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BLESSUSDT0.0093290.0365pay 0.0183% / 4h52m 56s$4.5M$3.7M40x
ShortBloFin BLESS-USDT0.0093560.0377get 0.0188% / 4h52m 56s$465K$170K40x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$2.38
Price spread: +0.289% → +0.062%
$22.72
Slippage, 4 orders
−$75.85
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$72.75
Costs to cover
0.979%
Break-even
220.8 days
Slippage from Binance: live order book, 14 min ago; BloFin: live order book, 48 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago1.62 bp24.3 bp −$24292.3 bp −$2,923doesn't fitdoesn't fit
Sell BloFin live order book, 48 min ago4.30 bp21.7 bp −$2290.8 bp −$908doesn't fitdoesn't fit

BLESS on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BLESS_USDT_Perp0.0000%4h0.007339−21.332%$228K$3K10xas long as short
Bybit BLESSUSDT+0.0100%4h0.009316−0.139%$2.6M$550K13xas long as short
Gate BLESS_USDT+0.0100%4h0.009319−0.107%$875K$776K20xas long as short
KuCoin BLESSUSDTM+0.0100%4h0.009303−0.279%$2.4M$222K40xas long as short
Variational Omni BLESS+0.0100%4h0.009355+0.278%$8K$722as long as short
SunX BLESS-USDT+0.0100%4h0.009280−0.525%$2K$751K20xas long as short
Bitget BLESSUSDT+0.0204%4h0.009336+0.075%$2.8M$725K10xas long as short
BingX BLESS-USDT+0.0355%4h0.009322−0.075%$6.7Mas long as short
MEXC BLESS_USDT+0.0364%4h0.009334+0.054%$7.3M$648K100xas long as short
Binance BLESSUSDTlong+0.0365%4h0.009329long leg$4.5M$3.7M40x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BLESS-USDTshort+0.0377%4h0.009356+0.289%$465K$170K40x
Aster BLESSUSDT+0.0404%4h0.009314−0.165%$49K$58K5xas long as short