Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against BloFin−0.537%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1061.060% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 3 days (all we have)+0.404%+$40 · spread now −0.537%, 7d avg −0.016%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.521% cheaper against BloFin than usual: you would sell low and buy high (−$52 if the spread goes back to its 7-day average of −0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CYBER-USDT | 0.3352 | 0.0150 | pay 0.0075% / 4h | 3h 39m | $111K | $3K | 50x |
| Short | Binance CYBERUSDT | 0.3334 | 0.0100 | get 0.0050% / 4h | 3h 39m | $1.7M | $2.5M | 50x |
BloFin CYBER-USDT
Binance CYBERUSDTFunding 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
- −$10.5
- Price spread: −0.537% → −0.016%
- −$52.08
- Slippage, 4 orders
- −$83.99
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$168.58
- Costs to cover
- 1.060%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 16 min ago; Binance: live order book, 11 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, 16 min ago | 3.00 bp | 20.7 bp −$21 | 105.1 bp −$1,051 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.98 bp | 26.1 bp −$26 | 139.5 bp −$1,395 | doesn't fit | doesn't fit |
CYBER on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CYBERUSD | −0.0221% | 1h | 0.3337 | −0.460% | $10K | $3K | 10x | as long as short |
| Aster CYBERUSDT | +0.0100% | 4h | 0.3342 | −0.300% | $14K | $4K | 5x | as long as short |
| Binance CYBERUSDTshort | +0.0100% | 4h | 0.3334 | −0.537% | $1.7M | $2.5M | 50x | |
| Bybit CYBERUSDT | +0.0100% | 4h | 0.3340 | −0.358% | $959K | $553K | 25x | as long as short |
| Gate CYBER_USDT | +0.0100% | 8h | 0.3340 | −0.358% | $141K | $302K | 40x | as long as short |
| MEXC CYBER_USDT | +0.0100% | 4h | 0.3336 | −0.477% | $293K | $82K | 50x | as long as short |
| KuCoin CYBERUSDTM | +0.0100% | 4h | 0.3340 | −0.358% | $480K | $99K | 30x | as long as short |
| Bitget CYBERUSDT | +0.0100% | 4h | 0.3334 | −0.537% | $272K | $286K | 50x | as long as short |
| BingX CYBER-USDT | +0.0100% | 4h | 0.3340 | −0.358% | — | $2.3M | — | as long as short |
| Variational Omni CYBER | +0.0100% | 4h | 0.3351 | −0.015% | $473 | $72 | — | as long as short |
Kraken Futures PF_CYBERUSD
Aster CYBERUSDT
Bybit CYBERUSDT
Gate CYBER_USDT
MEXC CYBER_USDT
KuCoin CYBERUSDTM
Bitget CYBERUSDT
BingX CYBER-USDT
Variational Omni CYBERShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CYBER-USDTlong | +0.0150% | 4h | 0.3352 | long leg | $111K | $3K | 50x |