Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.2% APRnext payment −$0.24 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin+0.139%91s7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as 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−$1571.570% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.139%, 7d avg +0.002%
=The price spread pays, funding is against you. Binance is 0.137% dearer against BloFin than usual: you sell high and buy low (spread +0.139% now, against its 7-day average of +0.002%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.6 days. At the pace of the last 7 days (−0.005% in total) that is about 6 months. 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 | BloFin FOLKS-USDT | 2.1560 | 0.0148 | pay 0.0074% / 4h | 2h 55m | $413K | $29K | 50x |
| Short | Binance FOLKSUSDT | 2.1590 | 0.0100 | get 0.0050% / 4h | 2h 55m | $6.4M | $1.5M | 50x |
BloFin FOLKS-USDT
Binance FOLKSUSDTFunding 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
- −$9.99
- Price spread: +0.139% → +0.002%
- $13.73
- Slippage, 4 orders
- −$134.96
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$153.22
- Costs to cover
- 1.570%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 35 min ago; Binance: live order book, 13 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, 35 min ago | 2.33 bp | 33.1 bp −$33 | 156.0 bp −$1,560 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 4.64 bp | 44.1 bp −$44 | 343.7 bp −$3,437 | doesn't fit | doesn't fit |
FOLKS 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter FOLKS | +0.0096% | 1h | 2.1600 | +0.186% | $73K | $2K | 3x | as long as short |
| Aster FOLKSUSDT | +0.0100% | 4h | 2.1540 | −0.093% | $44K | $12K | 5x | as long as short |
| Binance FOLKSUSDTshort | +0.0100% | 4h | 2.1590 | +0.139% | $6.4M | $1.5M | 50x | |
| Bybit FOLKSUSDT | +0.0100% | 4h | 2.1569 | +0.042% | $1.2M | $340K | 20x | as long as short |
| Gate FOLKS_USDT | +0.0100% | 8h | 2.1500 | −0.278% | $263K | $114K | 50x | as long as short |
| MEXC FOLKS_USDT | +0.0100% | 4h | 2.1590 | +0.139% | $966K | $185K | 100x | as long as short |
| KuCoin FOLKSUSDTM | +0.0100% | 4h | 2.1440 | −0.557% | $1.2M | $3.0M | 50x | as long as short |
| Variational Omni FOLKS | +0.0100% | 4h | 2.1556 | −0.020% | $14K | $687 | — | as long as short |
| BloFin FOLKS-USDTlong | +0.0148% | 4h | 2.1560 | long leg | $413K | $29K | 50x | |
| BingX FOLKS-USDT | +0.0238% | 4h | 2.1560 | 0.000% | — | $6.6M | — | as long as short |
Lighter FOLKS
Aster FOLKSUSDT
Bybit FOLKSUSDT
Gate FOLKS_USDT
MEXC FOLKS_USDT
KuCoin FOLKSUSDTM
Variational Omni FOLKS
BingX FOLKS-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget FOLKSUSDT | +0.0250% | 4h | 2.1574 | +0.065% | $1.1M | $154K | 50x | as long as short |
Bitget FOLKSUSDT