Funding you earn now, next payment 12:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against BloFin−0.062%81s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as 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−$870.872% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)−0.149%−$15 · spread now −0.062%, 7d avg −0.012%
=Funding pays, the price is against you. Binance is 0.050% cheaper against BloFin than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of −0.012%). If the spread goes back, that is −$5 on $10k: about 4.2 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.010% in total) that is about 36 days. 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 | BloFin FLOW-USDT | 0.03133 | 0.0061 | pay 0.0030% / 4h | 1h 31m | $134K | $19K | 20x |
| Short | Binance FLOWUSDT | 0.03131 | 0.0100 | get 0.0050% / 4h | 1h 31m | $2.4M | $7.5M | 10x |
Funding 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
- $8.23
- Price spread: −0.062% → −0.012%
- −$5
- Slippage, 4 orders
- −$65.18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$83.95
- Costs to cover
- 0.872%
- Break-even
- 78.4 days
Slippage from BloFin: live order book, 4 min ago; Binance: live order book, 15 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, 4 min ago | 4.77 bp | 19.9 bp −$20 | 64.2 bp −$642 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.58 bp | 23.7 bp −$24 | 79.9 bp −$799 | doesn't fit | doesn't fit |
FLOW on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective FLOW/USDC PERP | +0.0033% | 1h | 0.03046 | −2.777% | $213 | $14K | 5.5x | as long as short |
| BloFin FLOW-USDTlong | +0.0061% | 4h | 0.03133 | long leg | $134K | $19K | 20x | |
| Aster FLOWUSDT | +0.0100% | 4h | 0.03135 | +0.064% | $6K | $6K | 5x | as long as short |
| Binance FLOWUSDTshort | +0.0100% | 4h | 0.03131 | −0.062% | $2.4M | $7.5M | 10x | |
| Bybit FLOWUSDT | +0.0100% | 8h | 0.03132 | −0.032% | $1.4M | $1.3M | 20x | as long as short |
| OKX FLOW-USDT-SWAP | +0.0100% | 4h | 0.03129 | −0.128% | $804K | $1.6M | 10x | as long as short |
| Gate FLOW_USDT | +0.0100% | 8h | 0.03130 | −0.096% | $273K | $293K | 10x | as long as short |
| MEXC FLOW_USDT | +0.0100% | 4h | 0.03132 | −0.032% | $1.6M | $1.1M | 50x | as long as short |
| KuCoin FLOWUSDTM | +0.0100% | 4h | 0.03140 | +0.223% | $273K | $93K | 10x | as long as short |
| BingX FLOW-USDT | +0.0100% | 4h | 0.03132 | −0.032% | — | $1.7M | — | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FLOW | +0.0100% | 8h | 0.03147 | +0.437% | $33K | $2K | — | as long as short |
| Kraken Futures PF_FLOWUSD | +0.1326% | 1h | 0.03131 | −0.057% | $50K | $41K | 10x | as long as short |
BloFin FLOW-USDT
Binance FLOWUSDT
Injective FLOW/USDC PERP
Aster FLOWUSDT
Bybit FLOWUSDT
OKX FLOW-USDT-SWAP
Gate FLOW_USDT
MEXC FLOW_USDT
KuCoin FLOWUSDTM
BingX FLOW-USDT
Variational Omni FLOW
Kraken Futures PF_FLOWUSD