Settings8H · net · $10k
Funding arb · Price arb /

CC

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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$720.719% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees+0.828%+$83 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CCUSDT0.11650.0100pay 0.0050% / 4h2h 54m$11.1M$10.8M75x
ShortBloFin CC-USDT0.11640.0340get 0.0170% / 4h2h 54m$589K$108K75x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 1 min ago0.43 bp14.6 bp −$1561.9 bp −$619512.4 bp −$51.2Kdoesn't fit
Sell BloFin live order book, 32 min ago1.71 bp19.1 bp −$1946.1 bp −$461doesn't fitdoesn't fit

CC on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CC/USDC PERP−0.3670%1h0.1152−1.144%$6K$965.5xas long as short
Paradex CC-USD-PERP+0.0099%8h0.1166+0.059%$1K5xas long as short
Aster CCUSDT+0.0100%4h0.1166+0.044%$35K$39K20xas long as short
Binance CCUSDTlong+0.0100%4h0.1165long leg$11.1M$10.8M75x
Bybit CCUSDT+0.0100%4h0.1166+0.015%$10.5M$3.7M25xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1166+0.040%$2.5M$3.4M20xas long as short
Gate CC_USDT+0.0100%4h0.1164−0.080%$362K$206K50xas long as short
MEXC CC_USDT+0.0100%4h0.1166+0.032%$1.7M$293K100xas long as short
KuCoin CCUSDTM+0.0100%4h0.1167+0.109%$493K$115K50xas long as short
Bitget CCUSDT+0.0100%4h0.1167+0.101%$965K$759K20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CC-USDT+0.0100%4h0.1166+0.023%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1165−0.028%$18K$21K10xas long as short
Variational Omni CC+0.0100%4h0.1164−0.089%$579K$43Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1164−0.080%$83K$2.2M10xas long as short
Derive CC-PERP+0.0100%1h0.1164−0.093%$7K$35K6.7xas long as short
BloFin CC-USDTshort+0.0340%4h0.1164−0.088%$589K$108K75x
GMX CC/USD [WBTC.b-USDC]L +0.0442% / S −0.0239%1h0.1166+0.026%$43K50xas long as short
Hyperliquid CC+0.1019%1h0.1168+0.212%$5.5M$1.3M3xas long as short
Lighter CC+0.2032%1h0.1171+0.452%$234K$160K5xas long as short