Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Binance−0.088%61s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as 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−$720.719% of the position
Funding, last 7 days+0.320%+$32 on $10k
+Price spread, last 3 days (all we have)+0.508%+$51 · spread now −0.088%, 7d avg +0.002%
=Funding pays, the price is against you. BloFin is 0.091% cheaper against Binance than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of +0.002%). If the spread goes back, that is −$9 on $10k: about 30 hours of funding at the current rate (+$7 a day). The two prices were read 61 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 CCUSDT | 0.1165 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $11.1M | $10.8M | 75x |
| Short | BloFin CC-USDT | 0.1164 | 0.0340 | get 0.0170% / 4h | 2h 54m | $589K | $108K | 75x |
Funding 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
- $50.4
- Price spread: −0.088% → +0.002%
- −$9.05
- Slippage, 4 orders
- −$49.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$30.58
- Costs to cover
- 0.719%
- Break-even
- 11.2 days
Slippage from Binance: live order book, 1 min ago; BloFin: live order book, 32 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, 1 min ago | 0.43 bp | 14.6 bp −$15 | 61.9 bp −$619 | 512.4 bp −$51.2K | doesn't fit |
| Sell BloFin live order book, 32 min ago | 1.71 bp | 19.1 bp −$19 | 46.1 bp −$461 | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3670% | 1h | 0.1152 | −1.144% | $6K | $96 | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0099% | 8h | 0.1166 | +0.059% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1166 | +0.044% | $35K | $39K | 20x | as long as short |
| Binance CCUSDTlong | +0.0100% | 4h | 0.1165 | long leg | $11.1M | $10.8M | 75x | |
| Bybit CCUSDT | +0.0100% | 4h | 0.1166 | +0.015% | $10.5M | $3.7M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1166 | +0.040% | $2.5M | $3.4M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1164 | −0.080% | $362K | $206K | 50x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1166 | +0.032% | $1.7M | $293K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1167 | +0.109% | $493K | $115K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1167 | +0.101% | $965K | $759K | 20x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1166 | +0.023% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1165 | −0.028% | $18K | $21K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1164 | −0.089% | $579K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1164 | −0.080% | $83K | $2.2M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1164 | −0.093% | $7K | $35K | 6.7x | as long as short |
| BloFin CC-USDTshort | +0.0340% | 4h | 0.1164 | −0.088% | $589K | $108K | 75x | |
| GMX CC/USD [WBTC.b-USDC] | L +0.0442% / S −0.0239% | 1h | 0.1166 | +0.026% | $43K | — | 50x | as long as short |
| Hyperliquid CC | +0.1019% | 1h | 0.1168 | +0.212% | $5.5M | $1.3M | 3x | as long as short |
| Lighter CC | +0.2032% | 1h | 0.1171 | +0.452% | $234K | $160K | 5x | as long as short |
Binance CCUSDT
BloFin CC-USDT
Injective CC/USDC PERP
Paradex CC-USD-PERP
Aster CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
MEXC CC_USDT
KuCoin CCUSDTM
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
GMX CC/USD [WBTC.b-USDC]
Hyperliquid CC
Lighter CC