Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against Binance+0.008%91s7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as 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−$530.535% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)−0.021%−$2 · spread now +0.008%, 7d avg −0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.067% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.059%. The two prices were read 91 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 | Binance FFUSDT | 0.1275 | −0.0233 | get 0.0116% / 4h | 33m 36s | $43.1M | $27.9M | 20x |
| Short | BloFin FF-USDT | 0.1275 | −0.0231 | pay 0.0116% / 4h | 33m 36s | $2.3M | $321K | 20x |
Binance FFUSDT
BloFin FF-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
- $0.38
- Price spread: +0.008% → −0.059%
- $6.67
- Slippage, 4 orders
- −$31.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$46.45
- Costs to cover
- 0.535%
- Break-even
- 866.6 days
Slippage from Binance: live order book, 8 min ago; BloFin: live order book, 4 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, 8 min ago | 0.39 bp | 13.7 bp −$14 | 42.6 bp −$426 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.18 bp | 12.0 bp −$12 | 26.7 bp −$267 | doesn't fit | doesn't fit |
FF 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance FFUSDTlong | −0.0233% | 4h | 0.1275 | long leg | $43.1M | $27.9M | 20x | |
| MEXC FF_USDT | −0.0232% | 4h | 0.1275 | +0.071% | $10.1M | $1.9M | 50x | as long as short |
| BloFin FF-USDTshort | −0.0231% | 4h | 0.1275 | +0.008% | $2.3M | $321K | 20x | |
| Bybit FFUSDT | −0.0063% | 4h | 0.1276 | +0.086% | $14.3M | $7.5M | 20x | as long as short |
| Aster FFUSDT | +0.0100% | 4h | 0.1276 | +0.112% | $1.2M | $23K | 5x | as long as short |
| Gate FF_USDT | +0.0100% | 4h | 0.1277 | +0.165% | $26.9M | $2.1M | 50x | as long as short |
| KuCoin FFUSDTM | +0.0100% | 4h | 0.1278 | +0.235% | $8.7M | $5.7M | 20x | as long as short |
| Bitget FFUSDT | +0.0100% | 4h | 0.1276 | +0.086% | $18.6M | $1.8M | 5x | as long as short |
| BingX FF-USDT | +0.0100% | 4h | 0.1275 | +0.055% | — | $6.8M | — | as long as short |
| SunX FF-USDT | +0.0100% | 4h | 0.1274 | −0.047% | $1K | $1.8M | 20x | as long as short |
MEXC FF_USDT
Bybit FFUSDT
Aster FFUSDT
Gate FF_USDT
KuCoin FFUSDTM
Bitget FFUSDT
BingX FF-USDT
SunX FF-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter FF | +0.0248% | 1h | 0.1278 | +0.306% | $135K | $42K | 3x | as long as short |
Lighter FF