Funding you earn now, next payment 04:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.22 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin−0.202%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1051.047% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 3 days (all we have)−0.070%−$7 · spread now −0.202%, 7d avg −0.065%
=Funding pays, the price is against you. Binance is 0.136% cheaper against BloFin than usual: you would sell low and buy high (spread −0.202% now, against its 7-day average of −0.065%). If the spread goes back, that is −$14 on $10k: about 10 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BLESS-USDT | 0.009419 | 0.0687 | pay 0.0343% / 4h | 3h 18m | $464K | $180K | 40x |
| Short | Binance BLESSUSDT | 0.009400 | 0.0730 | get 0.0365% / 4h | 3h 18m | $4.6M | $3.5M | 40x |
BloFin BLESS-USDT
Binance BLESSUSDTFunding 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
- $9.16
- Price spread: −0.202% → −0.065%
- −$13.64
- Slippage, 4 orders
- −$82.68
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$109.17
- Costs to cover
- 1.047%
- Break-even
- 90.5 days
Slippage from BloFin: live order book, 52 min ago; Binance: live order book, 4 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, 52 min ago | 3.20 bp | 20.8 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.66 bp | 27.1 bp −$27 | 196.2 bp −$1,962 | doesn't fit | doesn't fit |
BLESS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT BLESS_USDT_Perp | 0.0000% | 4h | 0.007339 | −22.085% | $228K | $3K | 10x | as long as short |
| Bybit BLESSUSDT | +0.0100% | 4h | 0.009387 | −0.340% | $2.6M | $529K | 13x | as long as short |
| Variational Omni BLESS | +0.0100% | 4h | 0.009380 | −0.409% | $9K | $1K | — | as long as short |
| SunX BLESS-USDT | +0.0100% | 4h | 0.009332 | −0.924% | $2K | $703K | 20x | as long as short |
| KuCoin BLESSUSDTM | +0.0144% | 4h | 0.009374 | −0.478% | $2.4M | $204K | 40x | as long as short |
| Gate BLESS_USDT | +0.0244% | 4h | 0.009387 | −0.340% | $891K | $761K | 20x | as long as short |
| Bitget BLESSUSDT | +0.0338% | 4h | 0.009394 | −0.265% | $2.8M | $715K | 10x | as long as short |
| BloFin BLESS-USDTlong | +0.0687% | 4h | 0.009419 | long leg | $464K | $180K | 40x | |
| BingX BLESS-USDT | +0.0692% | 4h | 0.009400 | −0.202% | — | $6.7M | — | as long as short |
| MEXC BLESS_USDT | +0.0726% | 4h | 0.009402 | −0.180% | $7.4M | $649K | 100x | as long as short |
GRVT BLESS_USDT_Perp
Bybit BLESSUSDT
Variational Omni BLESS
SunX BLESS-USDT
KuCoin BLESSUSDTM
Gate BLESS_USDT
Bitget BLESSUSDT
BingX BLESS-USDT
MEXC BLESS_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BLESSUSDTshort | +0.0730% | 4h | 0.009400 | −0.202% | $4.6M | $3.5M | 40x | |
| Aster BLESSUSDT | +0.0920% | 4h | 0.009400 | −0.204% | $51K | $56K | 5x | as long as short |
Aster BLESSUSDT