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: Binance against BloFin+0.056%111s7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as 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−$730.731% of the position
Funding, last 7 days−0.320%−$32 on $10k
+Price spread, last 3 days (all we have)−0.475%−$48 · spread now +0.056%, 7d avg −0.002%
=The price spread pays, funding is against you. Binance is 0.058% dearer against BloFin than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.002%): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 19 hours. The two prices were read 111 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 | BloFin CC-USDT | 0.1165 | 0.0340 | pay 0.0170% / 4h | 2h 55m | $590K | $107K | 75x |
| Short | Binance CCUSDT | 0.1166 | 0.0100 | get 0.0050% / 4h | 2h 55m | $11.1M | $10.8M | 75x |
BloFin CC-USDT
Binance CCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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: +0.056% → −0.002%
- $5.8
- Slippage, 4 orders
- −$51.1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$117.7
- Costs to cover
- 0.731%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 30 min ago; Binance: live order book, 15 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 BloFin live order book, 30 min ago | 1.71 bp | 18.7 bp −$19 | 52.5 bp −$525 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.15 bp | 21.1 bp −$21 | 87.9 bp −$879 | 457.6 bp −$45.8K | 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 | −1.116% | $6K | $96 | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0099% | 8h | 0.1166 | +0.109% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1165 | +0.028% | $35K | $39K | 20x | as long as short |
| Binance CCUSDTshort | +0.0100% | 4h | 0.1166 | +0.056% | $11.1M | $10.8M | 75x | |
| Bybit CCUSDT | +0.0100% | 4h | 0.1165 | +0.034% | $10.5M | $3.7M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1166 | +0.094% | $2.5M | $3.4M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1164 | −0.043% | $362K | $206K | 50x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1166 | +0.060% | $1.7M | $293K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1165 | +0.026% | $492K | $115K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1166 | +0.103% | $958K | $748K | 20x | as long as short |
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 CCUSDTShow 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 | +0.043% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1165 | −0.009% | $17K | $21K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1164 | −0.061% | $579K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1164 | −0.052% | $83K | $2.2M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1164 | −0.123% | $7K | $35K | 6.7x | as long as short |
| BloFin CC-USDTlong | +0.0340% | 4h | 0.1165 | long leg | $590K | $107K | 75x | |
| GMX CC/USD [WBTC.b-USDC] | L +0.0441% / S −0.0239% | 1h | 0.1166 | +0.086% | $43K | — | 50x | as long as short |
| Hyperliquid CC | +0.1066% | 1h | 0.1168 | +0.287% | $5.5M | $1.3M | 3x | as long as short |
| Lighter CC | +0.1960% | 1h | 0.1170 | +0.464% | $234K | $160K | 5x | as long as short |
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