Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Binance−0.181%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$510.514% of the position
Funding, last 7 days+0.387%+$39 on $10k
+Price spread, last 3 days (all we have)+0.238%+$24 · spread now −0.181%, 7d avg +0.004%
=Funding pays, the price is against you. BloFin is 0.185% cheaper against Binance than usual: you would sell low and buy high (spread −0.181% now, against its 7-day average of +0.004%). If the spread goes back, that is −$18 on $10k: about 2.6 days of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DEXEUSDT | 1.9345 | 0.0100 | pay 0.0050% / 4h | 2h 46m | $7.0M | $8.5M | 20x |
| Short | BloFin DEXE-USDT | 1.9310 | 0.0340 | get 0.0170% / 4h | 2h 46m | $394K | $30K | 20x |
Binance DEXEUSDT
BloFin DEXE-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
- $50.4
- Price spread: −0.181% → +0.004%
- −$18.47
- Slippage, 4 orders
- −$29.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$19.47
- Costs to cover
- 0.514%
- Break-even
- 9.7 days
Slippage from Binance: live order book, 7 min ago; BloFin: live order book, 38 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, 7 min ago | 2.59 bp | 14.8 bp −$15 | 63.7 bp −$637 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 38 min ago | 2.59 bp | 11.8 bp −$12 | 29.1 bp −$291 | doesn't fit | doesn't fit |
DEXE 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DEXEUSD | −0.0102% | 1h | 1.9344 | −0.008% | $38K | $59K | 20x | as long as short |
| Injective DEXE/USDC PERP | +0.0033% | 1h | 1.8600 | −3.851% | — | $3K | 5.5x | as long as short |
| Aster DEXEUSDT | +0.0100% | 4h | 1.9340 | −0.026% | $171K | $42K | 5x | as long as short |
| Binance DEXEUSDTlong | +0.0100% | 4h | 1.9345 | long leg | $7.0M | $8.5M | 20x | |
| Bybit DEXEUSDT | +0.0100% | 4h | 1.9375 | +0.155% | $2.4M | $892K | 20x | as long as short |
| Gate DEXE_USDT | +0.0100% | 4h | 1.9340 | −0.026% | $488K | $758K | 20x | as long as short |
| MEXC DEXE_USDT | +0.0100% | 4h | 1.9340 | −0.026% | $1.8M | $208K | 20x | as long as short |
| Bitget DEXEUSDT | +0.0100% | 4h | 1.9330 | −0.078% | $3.2M | $503K | 10x | as long as short |
| BingX DEXE-USDT | +0.0100% | 4h | 1.9340 | −0.026% | — | $1.8M | — | as long as short |
| Variational Omni DEXE | +0.0100% | 4h | 1.9335 | −0.051% | $35K | $2K | — | as long as short |
Kraken Futures PF_DEXEUSD
Injective DEXE/USDC PERP
Aster DEXEUSDT
Bybit DEXEUSDT
Gate DEXE_USDT
MEXC DEXE_USDT
Bitget DEXEUSDT
BingX DEXE-USDT
Variational Omni DEXEShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_DEXE_USDC_mythos | +0.0100% | 4h | 1.9330 | −0.078% | $8K | — | 10x | as long as short |
| BloFin DEXE-USDTshort | +0.0340% | 4h | 1.9310 | −0.181% | $394K | $30K | 20x |
Orderly PERP_DEXE_USDC_mythos