Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.003%
Price spread now: BloFin against Binance−0.451%7-day average −0.281% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1251.245% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 3 days (all we have)−0.061%−$6 · spread now −0.451%, 7d avg −0.281%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.170% cheaper against Binance than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.281%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DEEPUSDT | 0.01994 | 0.0100 | pay 0.0050% / 4h | 58m 29s | $2.1M | $6.0M | 50x |
| Short | BloFin DEEP-USDT | 0.01985 | 0.0090 | get 0.0090% / 8h | 58m 29s | $139K | $34K | 50x |
Binance DEEPUSDT
BloFin DEEP-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
- −$2.03
- Price spread: −0.451% → −0.281%
- −$17
- Slippage, 4 orders
- −$102.53
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$143.56
- Costs to cover
- 1.245%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 3 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, 10 min ago | 2.52 bp | 25.4 bp −$25 | 108.1 bp −$1,081 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 5.04 bp | 35.1 bp −$35 | 94.4 bp −$944 | doesn't fit | doesn't fit |
DEEP on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | −0.2088% | 1h | 0.01987 | −0.351% | $81K | $17K | 20x | as long as short |
| BloFin DEEP-USDTshort | +0.0090% | 8h | 0.01985 | −0.451% | $139K | $34K | 50x | |
| Binance DEEPUSDTlong | +0.0100% | 4h | 0.01994 | long leg | $2.1M | $6.0M | 50x | |
| Bybit DEEPUSDT | +0.0100% | 8h | 0.01985 | −0.451% | $4.2M | $2.6M | 50x | as long as short |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01989 | −0.251% | $306K | $98K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01995 | +0.050% | $1.1M | $539K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.01994 | 0.000% | $1.8M | $93K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01996 | +0.100% | $850K | $596K | 50x | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.01979 | −0.741% | $13K | $9K | — | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01996 | +0.080% | $5K | $221K | 5x | as long as short |
Bluefin DEEP-PERP
Bybit DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
Variational Omni DEEP
Extended DEEP-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX DEEP-USDT | +0.0200% | 4h | 0.01993 | −0.050% | — | $6.6M | — | as long as short |
| Kraken Futures PF_DEEPUSD | +1.3525% | 1h | 0.02014 | +1.003% | $8K | $7K | 10x | as long as short |
BingX DEEP-USDT
Kraken Futures PF_DEEPUSD