Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.4% APRnext payment −$0.06 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against BloFin−0.239%51s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as 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−$1981.983% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.666%+$67 · spread now −0.239%, 7d avg +0.003%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.243% cheaper against BloFin than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.003%). Swap the legs. The two prices were read 51 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 COLLECT-USDT | 0.01804 | 0.0112 | pay 0.0056% / 4h | 3h 58m | $332K | $6K | 20x |
| Short | Binance COLLECTUSDT | 0.01800 | 0.0100 | get 0.0050% / 4h | 3h 58m | $5.1M | $1.9M | 20x |
BloFin COLLECT-USDT
Binance COLLECTUSDTFunding 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
- −$2.62
- Price spread: −0.239% → +0.003%
- −$24.28
- Slippage, 4 orders
- −$176.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$225.24
- Costs to cover
- 1.983%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 37 min ago; Binance: live order book, 9 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, 37 min ago | 5.63 bp | 36.6 bp −$37 | 202.0 bp −$2,020 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 5.57 bp | 60.6 bp −$61 | 379.5 bp −$3,795 | doesn't fit | doesn't fit |
COLLECT 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COLLECTUSDT | +0.0100% | 4h | 0.01795 | −0.474% | $356K | $30K | 5x | as long as short |
| Binance COLLECTUSDTshort | +0.0100% | 4h | 0.01800 | −0.239% | $5.1M | $1.9M | 20x | |
| Gate COLLECT_USDT | +0.0100% | 4h | 0.01797 | −0.388% | $257K | $58K | 20x | as long as short |
| MEXC COLLECT_USDT | +0.0100% | 4h | 0.01798 | −0.333% | $545K | $123K | 50x | as long as short |
| BingX COLLECT-USDT | +0.0100% | 4h | 0.01800 | −0.222% | — | $2.3M | — | as long as short |
| Extended COLLECT-USD | +0.0104% | 1h | 0.01800 | −0.212% | $9K | $296K | 5x | as long as short |
| BloFin COLLECT-USDTlong | +0.0112% | 4h | 0.01804 | long leg | $332K | $6K | 20x | |
| KuCoin COLLECTUSDTM | +0.0676% | 4h | 0.01800 | −0.222% | $734K | $66K | 20x | as long as short |
Aster COLLECTUSDT
Gate COLLECT_USDT
MEXC COLLECT_USDT
BingX COLLECT-USDT
Extended COLLECT-USD
KuCoin COLLECTUSDTM