Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin−0.107%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1031.033% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.107%, 7d avg +0.002%
=Funding pays, the price is against you. Binance is 0.109% cheaper against BloFin than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of +0.002%). If the spread goes back, that is −$11 on $10k: about 16 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.006% in total) that is about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin EUL-USDT | 1.3821 | 0.0077 | pay 0.0039% / 4h | 58m 46s | $294K | $10K | 25x |
| Short | Binance EULUSDT | 1.3806 | 0.0100 | get 0.0050% / 4h | 58m 46s | $3.1M | $6.7M | 25x |
BloFin EUL-USDT
Binance EULUSDTFunding 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
- $4.73
- Price spread: −0.107% → +0.002%
- −$10.92
- Slippage, 4 orders
- −$81.31
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$109.5
- Costs to cover
- 1.033%
- Break-even
- 168.9 days
Slippage from BloFin: live order book, 21 min ago; Binance: live order book, 10 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, 21 min ago | 4.72 bp | 22.2 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.36 bp | 31.6 bp −$32 | 202.3 bp −$2,023 | doesn't fit | doesn't fit |
EUL 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin EUL-USDTlong | +0.0077% | 4h | 1.3821 | long leg | $294K | $10K | 25x | |
| Aster EULUSDT | +0.0100% | 4h | 1.3806 | −0.107% | $35K | $14K | 5x | as long as short |
| Binance EULUSDTshort | +0.0100% | 4h | 1.3806 | −0.107% | $3.1M | $6.7M | 25x | |
| Bybit EULUSDT | +0.0100% | 4h | 1.3814 | −0.051% | $1.6M | $1.5M | 25x | as long as short |
| Gate EUL_USDT | +0.0100% | 4h | 1.3805 | −0.116% | $299K | $775K | 25x | as long as short |
| MEXC EUL_USDT | +0.0100% | 4h | 1.3803 | −0.130% | $460K | $143K | 20x | as long as short |
| Bitget EULUSDT | +0.0100% | 4h | 1.3840 | +0.137% | $2.1M | $493K | 25x | as long as short |
| BingX EUL-USDT | +0.0100% | 4h | 1.3803 | −0.130% | — | $6.6M | — | as long as short |
| Variational Omni EUL | +0.0100% | 4h | 1.3825 | +0.030% | $11K | $1K | — | as long as short |
| edgeX EULUSDC | +0.0109% | 4h | 1.3804 | −0.125% | $16K | $275K | 10x | as long as short |
Aster EULUSDT
Bybit EULUSDT
Gate EUL_USDT
MEXC EUL_USDT
Bitget EULUSDT
BingX EUL-USDT
Variational Omni EUL
edgeX EULUSDCShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EUL-USDT | +0.0304% | 4h | 1.3833 | +0.087% | $126K | $48K | 10x | as long as short |
| KuCoin EULUSDTM | +0.0456% | 4h | 1.3823 | +0.014% | $303K | $101K | 25x | as long as short |
HTX EUL-USDT
KuCoin EULUSDTM