Funding you earn now, next payment 00:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Binance−0.065%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$750.752% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 3 days (all we have)+0.286%+$29 · spread now −0.065%, 7d avg −0.034%
=Funding pays, the price is against you. BloFin is 0.032% cheaper against Binance than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of −0.034%). If the spread goes back, that is −$3 on $10k: about 2.2 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CAPUSDT | 0.04581 | 0.0100 | pay 0.0050% / 4h | 32m 38s | $9.0M | $9.0M | 10x |
| Short | BloFin CAP-USDT | 0.04578 | 0.0147 | get 0.0074% / 4h | 32m 38s | $375K | $58K | 10x |
Binance CAPUSDT
BloFin CAP-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
- $9.97
- Price spread: −0.065% → −0.034%
- −$3.17
- Slippage, 4 orders
- −$53.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$68.45
- Costs to cover
- 0.752%
- Break-even
- 55.1 days
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 43 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 | 1.09 bp | 20.7 bp −$21 | 120.3 bp −$1,203 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 43 min ago | 2.19 bp | 20.9 bp −$21 | 47.6 bp −$476 | doesn't fit | doesn't fit |
CAP on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CAPUSDTM | −0.0568% | 4h | 0.04575 | −0.131% | $4.4M | $1.4M | 10x | as long as short |
| OKX CAP-USDT-SWAP | −0.0360% | 4h | 0.04576 | −0.109% | $2.2M | $7.4M | 10x | as long as short |
| Bybit CAPUSDT | −0.0305% | 4h | 0.04581 | 0.000% | $4.5M | $4.1M | 10x | as long as short |
| Variational Omni CAP | −0.0006% | 4h | 0.04577 | −0.088% | $8K | $8K | — | as long as short |
| gTrade (Gains Network) CAP/USD | L 0.0000% / S 0.0000% | 1h | 0.04585 | +0.093% | $497 | — | 150x | as long as short |
| Lighter CAP | +0.0096% | 1h | 0.04576 | −0.100% | $19K | $2K | 3x | as long as short |
| Aster CAPUSDT | +0.0100% | 4h | 0.04581 | +0.008% | $27K | $71K | 5x | as long as short |
| Binance CAPUSDTlong | +0.0100% | 4h | 0.04581 | long leg | $9.0M | $9.0M | 10x | |
| Gate CAP_USDT | +0.0100% | 4h | 0.04581 | 0.000% | $336K | $1.1M | 20x | as long as short |
| MEXC CAP_USDT | +0.0100% | 4h | 0.04580 | −0.022% | $527K | $229K | 20x | as long as short |
KuCoin CAPUSDTM
OKX CAP-USDT-SWAP
Bybit CAPUSDT
Variational Omni CAP
gTrade (Gains Network) CAP/USD
Lighter CAP
Aster CAPUSDT
Gate CAP_USDT
MEXC CAP_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CAPUSDT | +0.0100% | 4h | 0.04579 | −0.044% | $1.0M | $558K | 10x | as long as short |
| BingX CAP-USDT | +0.0100% | 4h | 0.04581 | 0.000% | — | $1.6M | — | as long as short |
| Orderly PERP_CAP_USDC_mythos | +0.0100% | 4h | 0.04578 | −0.057% | $5K | $582 | 10x | as long as short |
| BloFin CAP-USDTshort | +0.0147% | 4h | 0.04578 | −0.065% | $375K | $58K | 10x |
Bitget CAPUSDT
BingX CAP-USDT
Orderly PERP_CAP_USDC_mythos