Funding you earn now, next payment 12:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.08 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Binance−0.107%101s7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as 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−$940.941% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.232%+$23 · spread now −0.107%, 7d avg +0.027%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.133% cheaper against Binance than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.027%). Swap the legs. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BSBUSDT | 0.1053 | 0.0393 | pay 0.0197% / 4h | 2h 21m | $6.0M | $3.3M | 10x |
| Short | BloFin BSB-USDT | 0.1052 | 0.0376 | get 0.0188% / 4h | 2h 21m | $273K | $41K | 10x |
Binance BSBUSDT
BloFin BSB-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.5
- Price spread: −0.107% → +0.027%
- −$13.34
- Slippage, 4 orders
- −$72.13
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$110.97
- Costs to cover
- 0.941%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 25 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 Binance live order book, 10 min ago | 0.95 bp | 24.8 bp −$25 | 329.2 bp −$3,292 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 25 min ago | 1.43 bp | 28.1 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
BSB on 13 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BSBUSDT | +0.0100% | 4h | 0.1052 | −0.126% | $2.9M | $656K | 25x | as long as short |
| OKX BSB-USDT-SWAP | +0.0100% | 4h | 0.1052 | −0.078% | $1.2M | $1.8M | 10x | as long as short |
| Bitget BSBUSDT | +0.0100% | 4h | 0.1052 | −0.078% | $3.4M | $892K | 10x | as long as short |
| Variational Omni BSB | +0.0100% | 4h | 0.1051 | −0.217% | $2K | $2K | — | as long as short |
| SunX BSB-USDT | +0.0100% | 4h | 0.1052 | −0.097% | $2K | $962K | 10x | as long as short |
| KuCoin BSBUSDTM | +0.0166% | 4h | 0.1052 | −0.154% | $531K | $336K | 10x | as long as short |
| Gate BSB_USDT | +0.0198% | 4h | 0.1051 | −0.183% | $615K | $157K | 20x | as long as short |
| Aster BSBUSDT | +0.0301% | 4h | 0.1052 | −0.097% | $30K | $12K | 5x | as long as short |
| BloFin BSB-USDTshort | +0.0376% | 4h | 0.1052 | −0.107% | $273K | $41K | 10x | |
| Extended BSB-USD | +0.0392% | 1h | 0.1053 | −0.023% | $1K | $272K | 5x | as long as short |
Bybit BSBUSDT
OKX BSB-USDT-SWAP
Bitget BSBUSDT
Variational Omni BSB
SunX BSB-USDT
KuCoin BSBUSDTM
Gate BSB_USDT
Aster BSBUSDT
Extended BSB-USDShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BSB_USDT | +0.0392% | 4h | 0.1053 | −0.031% | $1.1M | $157K | 50x | as long as short |
| Binance BSBUSDTlong | +0.0393% | 4h | 0.1053 | long leg | $6.0M | $3.3M | 10x | |
| BingX BSB-USDT | +0.0394% | 4h | 0.1052 | −0.116% | — | $1.7M | — | as long as short |
MEXC BSB_USDT
BingX BSB-USDT