Funding you earn now, next payment 08:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.20 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin+0.240%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1561.560% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.290%−$29 · spread now +0.240%, 7d avg −0.017%
=The price spread pays, funding is against you. Binance is 0.257% dearer against BloFin than usual: you sell high and buy low (spread +0.240% now, against its 7-day average of −0.017%): +$26 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CLO-USDT | 0.06352 | 0.0139 | pay 0.0070% / 4h | 1h 58m | $241K | $77K | 10x |
| Short | Binance CLOUSDT | 0.06367 | 0.0100 | get 0.0050% / 4h | 1h 58m | $3.9M | $3.9M | 10x |
Funding 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
- −$8.21
- Price spread: +0.240% → −0.017%
- $25.68
- Slippage, 4 orders
- −$133.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$138.53
- Costs to cover
- 1.560%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 17 min ago; Binance: live order book, 8 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, 17 min ago | 3.14 bp | 34.2 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 3.16 bp | 37.6 bp −$38 | 297.8 bp −$2,978 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CLOUSDTshort | +0.0100% | 4h | 0.06367 | +0.240% | $3.9M | $3.9M | 10x | |
| Bybit CLOUSDT | +0.0100% | 4h | 0.06352 | 0.000% | $698K | $643K | 20x | as long as short |
| MEXC CLO_USDT | +0.0100% | 4h | 0.06350 | −0.031% | $535K | $129K | 50x | as long as short |
| KuCoin CLOUSDTM | +0.0100% | 4h | 0.06333 | −0.299% | $990K | $11.6M | 10x | as long as short |
| BingX CLO-USDT | +0.0100% | 4h | 0.06375 | +0.362% | — | $1.4M | — | as long as short |
| SunX CLO-USDT | +0.0100% | 4h | 0.06344 | −0.126% | $2K | $1.4M | 20x | as long as short |
| BloFin CLO-USDTlong | +0.0139% | 4h | 0.06352 | long leg | $241K | $77K | 10x | |
| Gate CLO_USDT | +0.0492% | 8h | 0.06351 | −0.016% | $429K | $680K | 20x | as long as short |
| Aster CLOUSDT | +0.0776% | 4h | 0.06355 | +0.047% | $30K | $52K | 5x | as long as short |
BloFin CLO-USDT
Binance CLOUSDT
Bybit CLOUSDT
MEXC CLO_USDT
KuCoin CLOUSDTM
BingX CLO-USDT
SunX CLO-USDT
Gate CLO_USDT
Aster CLOUSDT