Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.25 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against BloFin−0.284%101s7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as 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−$1011.014% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.284%, 7d avg −0.032%
=Funding pays, the price is against you. Binance is 0.252% cheaper against BloFin than usual: you would sell low and buy high (spread −0.284% now, against its 7-day average of −0.032%). If the spread goes back, that is −$25 on $10k: about 17 days of funding at the current rate (+$1 a day). 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 | BloFin BSB-USDT | 0.1057 | 0.0113 | pay 0.0057% / 4h | 27m 32s | $271K | $42K | 10x |
| Short | Binance BSBUSDT | 0.1054 | 0.0163 | get 0.0081% / 4h | 27m 32s | $6.0M | $3.5M | 10x |
Funding 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
- $10.45
- Price spread: −0.284% → −0.032%
- −$25.2
- Slippage, 4 orders
- −$79.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$116.11
- Costs to cover
- 1.014%
- Break-even
- 84.8 days
Slippage from BloFin: live order book, 4 min ago; Binance: live order book, 11 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, 4 min ago | 2.37 bp | 15.3 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 3.34 bp | 31.4 bp −$31 | 254.2 bp −$2,542 | doesn't fit | doesn't fit |
BSB on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BSBUSDT | +0.0100% | 4h | 0.1054 | −0.331% | $2.9M | $788K | 25x | as long as short |
| OKX BSB-USDT-SWAP | +0.0100% | 4h | 0.1054 | −0.350% | $1.2M | $2.0M | 10x | as long as short |
| KuCoin BSBUSDTM | +0.0100% | 4h | 0.1054 | −0.303% | $495K | $130K | 10x | as long as short |
| Bitget BSBUSDT | +0.0100% | 4h | 0.1054 | −0.303% | $3.4M | $870K | 10x | as long as short |
| Variational Omni BSB | +0.0100% | 4h | 0.1055 | −0.244% | $2K | $2K | — | as long as short |
| SunX BSB-USDT | +0.0100% | 4h | 0.1056 | −0.123% | $2K | $947K | 10x | as long as short |
| BloFin BSB-USDTlong | +0.0113% | 4h | 0.1057 | long leg | $271K | $42K | 10x | |
| Binance BSBUSDTshort | +0.0163% | 4h | 0.1054 | −0.284% | $6.0M | $3.5M | 10x | |
| Extended BSB-USD | +0.0168% | 1h | 0.1055 | −0.258% | $3K | $173K | 5x | as long as short |
| MEXC BSB_USDT | +0.0168% | 4h | 0.1054 | −0.284% | $1.1M | $168K | 50x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX BSB-USDT | +0.0170% | 4h | 0.1056 | −0.161% | — | $1.7M | — | as long as short |
| Aster BSBUSDT | +0.0257% | 4h | 0.1054 | −0.315% | $29K | $16K | 5x | as long as short |
| Gate BSB_USDT | +0.0428% | 4h | 0.1057 | −0.047% | $651K | $143K | 20x | as long as short |
BloFin BSB-USDT
Binance BSBUSDT
Bybit BSBUSDT
OKX BSB-USDT-SWAP
KuCoin BSBUSDTM
Bitget BSBUSDT
Variational Omni BSB
SunX BSB-USDT
Extended BSB-USD
MEXC BSB_USDT
BingX BSB-USDT
Aster BSBUSDT
Gate BSB_USDT