Settings8H · net · $10k
Funding arb · Price arb /

DEEP

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0300%/8h= +32.9% APRpaid last 24h +0.485%
Price spread now: Binance against Bluefin+0.136%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+3.742%+$374 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.136% dearer against Bluefin than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin DEEP-PERP0.01974−0.0200get 0.0025% / 1h57m 26s$80K$15K20x
ShortBinance DEEPUSDT0.019770.0100get 0.0050% / 4h2h 57m$2.1M$6.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bluefin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$63.05
Price spread: +0.136% → 0.000%
$13.56
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Binance: 5 bp × 2 orders
−$10
Net
$59.61
Costs to cover
0.170%
Break-even
0.4 days
Slippage unknown: Bluefin: no order-book sample; Binance: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bluefin no order-book sample
Sell Binance live order book, 11 min ago2.52 bp34.8 bp −$35150.4 bp −$1,504doesn't fitdoesn't fit
Bluefin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

DEEP on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bluefin DEEP-PERPlong−0.0200%1h0.01974long leg$80K$15K20x
BloFin DEEP-USDT+0.0075%8h0.01972−0.101%$138K$34K50xas long as short
Binance DEEPUSDTshort+0.0100%4h0.01977+0.136%$2.1M$6.0M50x
Bybit DEEPUSDT+0.0100%8h0.01969−0.253%$4.2M$2.6M50xas long as short
Gate DEEP_USDT+0.0100%4h0.01977+0.152%$305K$96K50xas long as short
MEXC DEEP_USDT+0.0100%4h0.01976+0.101%$1.0M$543K100xas long as short
KuCoin DEEPUSDTM+0.0100%4h0.01982+0.405%$1.8M$94K20xas long as short
Bitget DEEPUSDT+0.0100%4h0.01979+0.253%$835K$599K50xas long as short
Variational Omni DEEP+0.0100%8h0.01975+0.027%$11K$6Kas long as short
Extended DEEP-USD+0.0104%1h0.01976+0.109%$5K$221K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX DEEP-USDT+0.0200%4h0.019740.000%$6.7Mas long as short
Kraken Futures PF_DEEPUSD+1.2171%1h0.01998+1.229%$8K$6K10xas long as short