Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance+0.110%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1181.183% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.344%−$34 · spread now +0.110%, 7d avg −0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.126% dearer against Binance than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance C98USDT | 0.01642 | 0.0100 | pay 0.0100% / 8h | 4h 27m | $1.4M | $2.0M | 50x |
| Short | BloFin C98-USDT | 0.01644 | 0.0096 | get 0.0096% / 8h | 4h 27m | $131K | $18K | 50x |
Binance C98USDT
BloFin C98-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
- −$0.76
- Price spread: +0.110% → −0.016%
- $12.62
- Slippage, 4 orders
- −$96.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$106.43
- Costs to cover
- 1.183%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 64 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 | 3.05 bp | 38.6 bp −$39 | 283.5 bp −$2,835 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 64 min ago | 12.17 bp | 21.0 bp −$21 | 69.7 bp −$697 | doesn't fit | doesn't fit |
C98 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_C98USD | −0.0406% | 1h | 0.01644 | +0.122% | $17K | $2K | 10x | as long as short |
| BloFin C98-USDTshort | +0.0096% | 8h | 0.01644 | +0.110% | $131K | $18K | 50x | |
| Binance C98USDTlong | +0.0100% | 8h | 0.01642 | long leg | $1.4M | $2.0M | 50x | |
| Bybit C98USDT | +0.0100% | 8h | 0.01645 | +0.171% | $876K | $328K | 25x | as long as short |
| Gate C98_USDT | +0.0100% | 8h | 0.01644 | +0.110% | $103K | $47K | 25x | as long as short |
| MEXC C98_USDT | +0.0100% | 8h | 0.01643 | +0.049% | $284K | $108K | 100x | as long as short |
| KuCoin C98USDTM | +0.0100% | 8h | 0.01644 | +0.110% | $201K | $40K | 20x | as long as short |
| Bitget C98USDT | +0.0100% | 8h | 0.01642 | −0.012% | $191K | $323K | 50x | as long as short |
| Variational Omni C98 | +0.0100% | 8h | 0.01646 | +0.214% | $8K | $204 | — | as long as short |
Kraken Futures PF_C98USD
Bybit C98USDT
Gate C98_USDT
MEXC C98_USDT
KuCoin C98USDTM
Bitget C98USDT
Variational Omni C98