Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.009%
Price spread now: Binance against BloFin−0.022%71s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as 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−$680.683% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 3 days (all we have)−0.236%−$24 · spread now −0.022%, 7d avg −0.013%
=The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 71 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 ESP-USDT | 0.09391 | 0.0080 | pay 0.0040% / 4h | 1h 39m | $121K | $35K | 25x |
| Short | Binance ESPUSDT | 0.09389 | 0.0100 | get 0.0050% / 4h | 1h 39m | $2.4M | $4.2M | 25x |
BloFin ESP-USDT
Binance ESPUSDTFunding 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
- $4.18
- Price spread: −0.022% → −0.013%
- −$0.9
- Slippage, 4 orders
- −$46.34
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$65.06
- Costs to cover
- 0.683%
- Break-even
- 115.9 days
Slippage from BloFin: live order book, 32 min ago; Binance: live order book, 12 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, 32 min ago | 0.53 bp | 16.0 bp −$16 | 44.2 bp −$442 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.53 bp | 16.5 bp −$17 | 61.2 bp −$612 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ESP-USDTlong | +0.0080% | 4h | 0.09391 | long leg | $121K | $35K | 25x | |
| Aster ESPUSDT | +0.0100% | 4h | 0.09385 | −0.060% | $4K | $24K | 5x | as long as short |
| Binance ESPUSDTshort | +0.0100% | 4h | 0.09389 | −0.022% | $2.4M | $4.2M | 25x | |
| OKX ESP-USDT-SWAP | +0.0100% | 4h | 0.09395 | +0.043% | $594K | $1.3M | 20x | as long as short |
| Gate ESP_USDT | +0.0100% | 8h | 0.09389 | −0.021% | $169K | $607K | 50x | as long as short |
| MEXC ESP_USDT | +0.0100% | 4h | 0.09389 | −0.021% | $1.2M | $104K | 20x | as long as short |
| KuCoin ESPUSDTM | +0.0100% | 4h | 0.09391 | 0.000% | $1.5M | $52K | 25x | as long as short |
| Bitget ESPUSDT | +0.0100% | 4h | 0.09392 | +0.009% | $957K | $123K | 20x | as long as short |
| edgeX ESPUSDC | +0.0107% | 4h | 0.09375 | −0.166% | $29K | $268K | 10x | as long as short |
| BingX ESP-USDT | +0.3600% | 4h | 0.09385 | −0.064% | — | $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 | +0.3996% | 4h | 0.09366 | −0.266% | $1.1M | $586K | 50x | as long as short |
Bybit ESPUSDT