Funding you earn now, next payment 00:00 UTC+0.0057%/8h= +6.3% APRnext payment +$0.29 per $10,000 · paid last 24h −0.009%
Price spread now: BloFin against Binance+0.070%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$680.683% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 3 days (all we have)+0.188%+$19 · spread now +0.070%, 7d avg +0.013%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.057% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ESPUSDT | 0.09376 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $2.4M | $4.2M | 25x |
| Short | BloFin ESP-USDT | 0.09383 | 0.0157 | get 0.0079% / 4h | 1h 50m | $121K | $35K | 25x |
Binance ESPUSDT
BloFin ESP-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
- $12.07
- Price spread: +0.070% → +0.013%
- $5.69
- Slippage, 4 orders
- −$46.34
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$50.58
- Costs to cover
- 0.683%
- Break-even
- 36.3 days
Slippage from Binance: live order book, 1 min ago; BloFin: live order book, 22 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, 1 min ago | 0.53 bp | 21.4 bp −$21 | 73.4 bp −$734 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 22 min ago | 0.53 bp | 14.5 bp −$14 | 34.8 bp −$348 | doesn't fit | doesn't fit |
ESP 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ESPUSDT | +0.0100% | 4h | 0.09376 | −0.003% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDTlong | +0.0100% | 4h | 0.09376 | long leg | $2.4M | $4.2M | 25x | |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09377 | +0.006% | $592K | $1.3M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09377 | +0.006% | $169K | $605K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09375 | −0.016% | $1.2M | $104K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09376 | −0.005% | $1.5M | $52K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09386 | +0.103% | $956K | $123K | 20x | as long as short |
| edgeX ESPUSDC | +0.0109% | 4h | 0.09383 | +0.070% | $29K | $269K | 10x | as long as short |
| BloFin ESP-USDTshort | +0.0157% | 4h | 0.09383 | +0.070% | $121K | $35K | 25x | |
| BingX ESP-USDT | +0.3524% | 4h | 0.09375 | −0.016% | — | $1.7M | — | as long as short |
Aster ESPUSDT
OKX ESP-USDT-SWAP
Gate ESP_USDT
MEXC ESP_USDT
KuCoin ESPUSDTM
Bitget ESPUSDT
edgeX ESPUSDC
BingX ESP-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ESPUSDT | +0.3628% | 4h | 0.09365 | −0.122% | $1.1M | $584K | 50x | as long as short |
Bybit ESPUSDT