Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against BloFin−0.130%51s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as 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−$1541.544% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 3 days (all we have)−0.559%−$56 · spread now −0.130%, 7d avg −0.018%
=Funding pays, the price is against you. Binance is 0.113% cheaper against BloFin than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of −0.018%). If the spread goes back, that is −$11 on $10k: about 6.7 days of funding at the current rate (+$2 a day). 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 EPIC-USDT | 0.6293 | 0.0044 | pay 0.0022% / 4h | 3h 40m | $329K | $113K | 20x |
| Short | Binance EPICUSDT | 0.6285 | 0.0100 | get 0.0050% / 4h | 3h 40m | $6.4M | $26.3M | 20x |
BloFin EPIC-USDT
Binance EPICUSDTFunding 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
- $11.72
- Price spread: −0.130% → −0.018%
- −$11.29
- Slippage, 4 orders
- −$132.36
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$153.92
- Costs to cover
- 1.544%
- Break-even
- 98.9 days
Slippage from BloFin: live order book, 30 min ago; Binance: live order book, 1 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, 30 min ago | 1.60 bp | 29.2 bp −$29 | 105.0 bp −$1,050 | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 1.59 bp | 50.5 bp −$50 | 211.1 bp −$2,111 | doesn't fit | doesn't fit |
EPIC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EPIC-USDTlong | +0.0044% | 4h | 0.6293 | long leg | $329K | $113K | 20x | |
| BingX EPIC-USDT | +0.0070% | 4h | 0.6304 | +0.175% | — | $2.6M | — | as long as short |
| Binance EPICUSDTshort | +0.0100% | 4h | 0.6285 | −0.130% | $6.4M | $26.3M | 20x | |
| Bybit EPICUSDT | +0.0100% | 4h | 0.6291 | −0.032% | $1.5M | $5.4M | 25x | as long as short |
| MEXC EPIC_USDT | +0.0100% | 4h | 0.6288 | −0.079% | $272K | $330K | 20x | as long as short |
| Gate EPIC_USDT | +0.0316% | 4h | 0.6290 | −0.048% | $545K | $1.5M | 25x | as long as short |
| Bitget EPICUSDT | +0.0608% | 4h | 0.6293 | 0.000% | $5.5M | $3.5M | 10x | as long as short |
BingX EPIC-USDT
Bybit EPICUSDT
MEXC EPIC_USDT
Gate EPIC_USDT
Bitget EPICUSDT