Funding you earn now, next payment 00:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against Binance−0.068%91s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as 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−$380.384% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.097%+$10 · spread now −0.068%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.072% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.004%. The two prices were read 91 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 BTCDOMUSDT | 5,149.5 | 0.0100 | pay 0.0100% / 8h | 1h 33m | $14.2M | $4.7M | 20x |
| Short | BloFin BTCDOM-USDT | 5,146 | 0.0091 | get 0.0091% / 8h | 1h 33m | $1.3M | $283K | 20x |
Binance BTCDOMUSDT
BloFin BTCDOM-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
- −$1.87
- Price spread: −0.068% → +0.004%
- −$7.17
- Slippage, 4 orders
- −$16.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$47.44
- Costs to cover
- 0.384%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; BloFin: 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 Binance live order book, 7 min ago | 0.10 bp | 8.7 bp −$9 | 15.8 bp −$158 | 170.5 bp −$17.1K | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.10 bp | 11.7 bp −$12 | 16.3 bp −$163 | doesn't fit | doesn't fit |
BTCDOM on 3 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BTCDOM-USDTshort | +0.0091% | 8h | 5,146 | −0.068% | $1.3M | $283K | 20x | |
| Aster BTCDOMUSDT | +0.0100% | 8h | 5,147.9 | −0.031% | $628 | $3K | 5x | as long as short |
| Binance BTCDOMUSDTlong | +0.0100% | 8h | 5,149.5 | long leg | $14.2M | $4.7M | 20x |
Aster BTCDOMUSDT