Funding you earn now, next payment 04:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against Binance−0.220%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1761.758% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.271%+$27 · spread now −0.220%, 7d avg +0.050%
=Funding pays, the price is against you. BloFin is 0.270% cheaper against Binance than usual: you would sell low and buy high (spread −0.220% now, against its 7-day average of +0.050%). If the spread goes back, that is −$27 on $10k: about 15 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.012% in total) that is about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CLANKERUSDT | 13.640 | 0.0192 | pay 0.0096% / 4h | 1h 14m | $1.8M | $5.6M | 25x |
| Short | BloFin CLANKER-USDT | 13.610 | 0.0252 | get 0.0126% / 4h | 1h 14m | $119K | $22K | 25x |
Binance CLANKERUSDT
BloFin CLANKER-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
- $12.57
- Price spread: −0.220% → +0.050%
- −$26.96
- Slippage, 4 orders
- −$153.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$190.18
- Costs to cover
- 1.758%
- Break-even
- 112.9 days
Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 21 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, 8 min ago | 3.68 bp | 45.6 bp −$46 | 477.0 bp −$4,770 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 21 min ago | 18.48 bp | 50.4 bp −$50 | 139.5 bp −$1,395 | doesn't fit | doesn't fit |
CLANKER on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CLANKER-USDT | +0.0070% | 4h | 13.620 | −0.147% | — | $6.7M | — | as long as short |
| Bybit CLANKERUSDT | +0.0100% | 4h | 13.634 | −0.044% | $606K | $1.0M | 20x | as long as short |
| KuCoin CLANKERUSDTM | +0.0100% | 4h | 13.600 | −0.293% | $363K | $156K | 25x | as long as short |
| Bitget CLANKERUSDT | +0.0100% | 4h | 13.600 | −0.293% | $615K | $520K | 20x | as long as short |
| Gate CLANKER_USDT | +0.0116% | 4h | 13.590 | −0.367% | $123K | $163K | 25x | as long as short |
| Variational Omni CLANKER | +0.0155% | 4h | 13.625 | −0.111% | $27K | $31K | — | as long as short |
| MEXC CLANKER_USDT | +0.0192% | 4h | 13.630 | −0.073% | $385K | $273K | 50x | as long as short |
| Binance CLANKERUSDTlong | +0.0192% | 4h | 13.640 | long leg | $1.8M | $5.6M | 25x | |
| BloFin CLANKER-USDTshort | +0.0252% | 4h | 13.610 | −0.220% | $119K | $22K | 25x | |
| Aster CLANKERUSDT | +0.0889% | 4h | 13.610 | −0.221% | $15K | $33K | 5x | as long as short |
BingX CLANKER-USDT
Bybit CLANKERUSDT
KuCoin CLANKERUSDTM
Bitget CLANKERUSDT
Gate CLANKER_USDT
Variational Omni CLANKER
MEXC CLANKER_USDT
Aster CLANKERUSDT