Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h +0.016%
Price spread now: BingX against BloFin−0.363%7-day average −0.197% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$880.876% of the position
Funding, last 7 days+0.472%+$47 on $10k
+Price spread, last 4 days (all we have)−1.063%−$106 · spread now −0.363%, 7d avg −0.197%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.166% cheaper against BloFin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.197%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.472%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BLESS-USDT | 0.009356 | 0.0377 | pay 0.0188% / 4h | 52m 41s | $465K | $170K | 40x |
| Short | BingX BLESS-USDT | 0.009322 | 0.0355 | get 0.0178% / 4h | 52m 41s | — | $6.7M | — |
BloFin BLESS-USDT
BingX BLESS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$4.52
- Price spread: −0.363% → −0.197%
- −$16.63
- Slippage, 4 orders
- −$65.65
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$108.8
- Costs to cover
- 0.876%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 48 min ago; BingX: live order book, 15 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, 48 min ago | 4.30 bp | 27.8 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 5.41 bp | 16.9 bp −$17 | 80.4 bp −$804 | 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 | −21.559% | $228K | $3K | 10x | as long as short |
| Bybit BLESSUSDT | +0.0100% | 4h | 0.009313 | −0.460% | $2.6M | $550K | 13x | as long as short |
| Gate BLESS_USDT | +0.0100% | 4h | 0.009319 | −0.395% | $875K | $777K | 20x | as long as short |
| KuCoin BLESSUSDTM | +0.0100% | 4h | 0.009304 | −0.556% | $2.4M | $222K | 40x | as long as short |
| Variational Omni BLESS | +0.0100% | 4h | 0.009355 | −0.011% | $8K | $722 | — | as long as short |
| SunX BLESS-USDT | +0.0100% | 4h | 0.009280 | −0.812% | $2K | $751K | 20x | as long as short |
| Bitget BLESSUSDT | +0.0204% | 4h | 0.009330 | −0.278% | $2.8M | $725K | 10x | as long as short |
| BingX BLESS-USDTshort | +0.0355% | 4h | 0.009322 | −0.363% | — | $6.7M | — | |
| MEXC BLESS_USDT | +0.0364% | 4h | 0.009323 | −0.353% | $7.3M | $648K | 100x | as long as short |
| BloFin BLESS-USDTlong | +0.0377% | 4h | 0.009356 | long leg | $465K | $170K | 40x |
GRVT BLESS_USDT_Perp
Bybit BLESSUSDT
Gate BLESS_USDT
KuCoin BLESSUSDTM
Variational Omni BLESS
SunX BLESS-USDT
Bitget BLESSUSDT
MEXC BLESS_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BLESSUSDT | +0.0377% | 4h | 0.009321 | −0.374% | $4.5M | $3.7M | 40x | as long as short |
| Aster BLESSUSDT | +0.0410% | 4h | 0.009313 | −0.462% | $49K | $58K | 5x | as long as short |
Binance BLESSUSDT
Aster BLESSUSDT