Funding you earn now, next payment 00:00 UTC+0.0078%/8h= +8.6% APRnext payment +$0.39 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance−0.424%101s7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as 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−$1131.132% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 3 days (all we have)+0.707%+$71 · spread now −0.424%, 7d avg +0.015%
=Funding pays, the price is against you. BloFin is 0.439% cheaper against Binance than usual: you would sell low and buy high (spread −0.424% now, against its 7-day average of +0.015%). If the spread goes back, that is −$44 on $10k: about 19 days of funding at the current rate (+$2 a day). The two prices were read 101 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 FLOWUSDT | 0.03301 | −0.0269 | get 0.0135% / 4h | 1h 55m | $2.7M | $7.8M | 10x |
| Short | BloFin FLOW-USDT | 0.03287 | −0.0191 | pay 0.0095% / 4h | 1h 55m | $148K | $21K | 20x |
Binance FLOWUSDT
BloFin FLOW-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
- $16.43
- Price spread: −0.424% → +0.015%
- −$43.88
- Slippage, 4 orders
- −$91.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$140.69
- Costs to cover
- 1.132%
- Break-even
- 67.0 days
Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 18 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, 13 min ago | 1.51 bp | 28.7 bp −$29 | 94.7 bp −$947 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 18 min ago | 4.54 bp | 32.2 bp −$32 | 72.6 bp −$726 | doesn't fit | doesn't fit |
FLOW 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FLOWUSD | −0.2129% | 1h | 0.03302 | +0.025% | $36K | $48K | 10x | as long as short |
| Binance FLOWUSDTlong | −0.0269% | 4h | 0.03301 | long leg | $2.7M | $7.8M | 10x | |
| MEXC FLOW_USDT | −0.0268% | 4h | 0.03301 | 0.000% | $2.0M | $1.0M | 50x | as long as short |
| BloFin FLOW-USDTshort | −0.0191% | 4h | 0.03287 | −0.424% | $148K | $21K | 20x | |
| Aster FLOWUSDT | −0.0119% | 4h | 0.03303 | +0.061% | $7K | $17K | 5x | as long as short |
| Injective FLOW/USDC PERP | +0.0033% | 1h | 0.03046 | −7.725% | $213 | $14K | 5.5x | as long as short |
| Bybit FLOWUSDT | +0.0100% | 8h | 0.03305 | +0.121% | $1.6M | $1.3M | 20x | as long as short |
| OKX FLOW-USDT-SWAP | +0.0100% | 4h | 0.03307 | +0.182% | $902K | $1.7M | 10x | as long as short |
| Gate FLOW_USDT | +0.0100% | 8h | 0.03303 | +0.061% | $330K | $149K | 10x | as long as short |
| KuCoin FLOWUSDTM | +0.0100% | 4h | 0.03302 | +0.030% | $303K | $134K | 10x | as long as short |
Kraken Futures PF_FLOWUSD
MEXC FLOW_USDT
Aster FLOWUSDT
Injective FLOW/USDC PERP
Bybit FLOWUSDT
OKX FLOW-USDT-SWAP
Gate FLOW_USDT
KuCoin FLOWUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FLOW | +0.0100% | 8h | 0.03300 | −0.019% | $34K | $1K | — | as long as short |
| BingX FLOW-USDT | +0.0200% | 4h | 0.03302 | +0.030% | — | $1.8M | — | as long as short |
Variational Omni FLOW
BingX FLOW-USDT