Funding you earn now, next payment 00:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.26 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against BloFin−0.048%101s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as 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−$820.822% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 3 days (all we have)+0.073%+$7 · spread now −0.048%, 7d avg −0.018%
=Funding pays, the price is against you. Binance is 0.030% cheaper against BloFin than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of −0.018%). If the spread goes back, that is −$3 on $10k: about 3.8 days of funding at the current rate (+$1 a day). The two prices were read 101 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 CELR-USDT | 0.003323 | −0.7563 | get 0.7563% / 8h | 27m 28s | $358K | $505K | 25x |
| Short | Binance CELRUSDT | 0.003321 | −0.7537 | pay 0.7537% / 8h | 27m 28s | $3.8M | $55.3M | 25x |
BloFin CELR-USDT
Binance CELRUSDTFunding 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
- $5.49
- Price spread: −0.048% → −0.018%
- −$2.95
- Slippage, 4 orders
- −$60.22
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$79.68
- Costs to cover
- 0.822%
- Break-even
- 108.6 days
Slippage from BloFin: live order book, 48 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, 48 min ago | 3.04 bp | 14.8 bp −$15 | 42.8 bp −$428 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.50 bp | 21.5 bp −$22 | 103.0 bp −$1,030 | doesn't fit | doesn't fit |
CELR on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CELR-USDTlong | −0.7563% | 8h | 0.003323 | long leg | $358K | $505K | 25x | |
| Binance CELRUSDTshort | −0.7537% | 8h | 0.003321 | −0.048% | $3.8M | $55.3M | 25x | |
| MEXC CELR_USDT | −0.7536% | 8h | 0.003321 | −0.060% | $571K | $1.7M | 50x | as long as short |
| KuCoin CELRUSDTM | −0.7051% | 8h | 0.003320 | −0.090% | $385K | $4.3M | 25x | as long as short |
| Kraken Futures PF_CELRUSD | −0.6958% | 1h | 0.003316 | −0.196% | $38K | $61K | 10x | as long as short |
| Bitget CELRUSDT | −0.6767% | 8h | 0.003319 | −0.120% | $588K | $5.8M | 25x | as long as short |
| Gate CELR_USDT | −0.6652% | 8h | 0.003322 | −0.030% | $224K | $1.4M | 25x | as long as short |
| BingX CELR-USDT | −0.4775% | 8h | 0.003322 | −0.030% | — | $2.7M | — | as long as short |
MEXC CELR_USDT
KuCoin CELRUSDTM
Kraken Futures PF_CELRUSD
Bitget CELRUSDT
Gate CELR_USDT
BingX CELR-USDT