Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.06 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance−0.072%81s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$193as 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−$1911.913% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.072%, 7d avg +0.028%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.100% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.028%). Swap the legs. The two prices were read 81 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 FIGHTUSDT | 0.003640 | 0.0775 | pay 0.0388% / 4h | 2h 55m | $3.3M | $1.3M | 20x |
| Short | BloFin FIGHT-USDT | 0.003637 | 0.0764 | get 0.0382% / 4h | 2h 55m | $316K | $7K | 20x |
Binance FIGHTUSDT
BloFin FIGHT-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
- −$2.38
- Price spread: −0.072% → +0.028%
- −$10.02
- Slippage, 4 orders
- −$169.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$203.7
- Costs to cover
- 1.913%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 34 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, 10 min ago | 6.86 bp | 56.0 bp −$56 | 553.8 bp −$5,538 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 34 min ago | 11.03 bp | 46.8 bp −$47 | 143.6 bp −$1,436 | doesn't fit | doesn't fit |
FIGHT on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FIGHTUSDTM | +0.0100% | 4h | 0.003629 | −0.292% | $451K | $28K | 20x | as long as short |
| Bybit FIGHTUSDT | +0.0307% | 4h | 0.003636 | −0.099% | $1.6M | $193K | 20x | as long as short |
| Aster FIGHTUSDT | +0.0452% | 4h | 0.003627 | −0.359% | $13K | $5K | 5x | as long as short |
| Gate FIGHT_USDT | +0.0740% | 4h | 0.003645 | +0.148% | $231K | $60K | 20x | as long as short |
| BloFin FIGHT-USDTshort | +0.0764% | 4h | 0.003637 | −0.072% | $316K | $7K | 20x | |
| MEXC FIGHT_USDT | +0.0774% | 4h | 0.003639 | −0.017% | $209K | $121K | 20x | as long as short |
| Binance FIGHTUSDTlong | +0.0775% | 4h | 0.003640 | long leg | $3.3M | $1.3M | 20x | |
| Bitget FIGHTUSDT | +0.0780% | 4h | 0.003623 | −0.456% | $1.1M | $124K | 5x | as long as short |
KuCoin FIGHTUSDTM
Bybit FIGHTUSDT
Aster FIGHTUSDT
Gate FIGHT_USDT
MEXC FIGHT_USDT
Bitget FIGHTUSDT