Funding you earn now, next payment 08:00 UTC+0.0058%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance+0.119%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2162.162% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.119%, 7d avg +0.023%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.096% dearer against Binance than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CLOUSDT | 0.06738 | 0.0100 | pay 0.0050% / 4h | 0m 32s | $4.3M | $5.5M | 10x |
| Short | BloFin CLO-USDT | 0.06746 | 0.0158 | get 0.0079% / 4h | 0m 32s | $262K | $85K | 10x |
Binance CLOUSDT
BloFin CLO-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
- $12.13
- Price spread: +0.119% → +0.023%
- $9.62
- Slippage, 4 orders
- −$194.22
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$194.48
- Costs to cover
- 2.162%
- Break-even
- 119.3 days
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 6 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, 7 min ago | 0.74 bp | 75.5 bp −$76 | 422.2 bp −$4,222 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.74 bp | 41.5 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
CLO on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CLOUSDTM | +0.0064% | 4h | 0.06726 | −0.178% | $1.0M | $11.9M | 10x | as long as short |
| Binance CLOUSDTlong | +0.0100% | 4h | 0.06738 | long leg | $4.3M | $5.5M | 10x | |
| Bybit CLOUSDT | +0.0100% | 4h | 0.06737 | −0.015% | $762K | $909K | 20x | as long as short |
| MEXC CLO_USDT | +0.0100% | 4h | 0.06740 | +0.030% | $583K | $143K | 50x | as long as short |
| BingX CLO-USDT | +0.0100% | 4h | 0.06739 | +0.015% | — | $1.4M | — | as long as short |
| SunX CLO-USDT | +0.0100% | 4h | 0.06729 | −0.134% | $1K | $1.9M | 20x | as long as short |
| BloFin CLO-USDTshort | +0.0158% | 4h | 0.06746 | +0.119% | $262K | $85K | 10x | |
| Gate CLO_USDT | +0.0318% | 8h | 0.06754 | +0.237% | $475K | $842K | 20x | as long as short |
| Aster CLOUSDT | +0.0476% | 4h | 0.06731 | −0.104% | $32K | $90K | 5x | as long as short |
KuCoin CLOUSDTM
Bybit CLOUSDT
MEXC CLO_USDT
BingX CLO-USDT
SunX CLO-USDT
Gate CLO_USDT
Aster CLOUSDT