Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.1906 | +0.0100 | pay 0.0050% / 4h | 2h 03m | $5.9M | $4.2M | 50x | Long Binance | |
| SHORT | 0.1905 | +0.0060 | get 0.0030% / 4h | 2h 03m | $314K | $44K | 50x | Short BloFin |
Price gap−0.033%
Funding gap−0.0040% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.037% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0040% /8h now · paid −0.005% over the last 7D
Price−$4spread −0.033% now, avg +0.003% → −0.037% if it goes back
Costs−$1181.177% of $10k · taker + slippage, in and out
Result−$122−1.22%no points
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.033%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hFORM on 9 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size27.8 / 27.8 bpAt $10k entering BloFin costs 27.8 bp, fee and slippage, 1.0× Binance’s.
- Note: Margin at max leverage$200 + $200Binance 50x, BloFin 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.21Long Binance: 6 payments, −$3.00; short BloFin: 6 payments, +$1.79.
- Watch: Gap narrower than usual−0.033% vs +0.003%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$314K vs $5.9M OIBloFin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · BloFin LimitedVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0002%/8h × 21 periods−$0.51
Price spread−0.033% → +0.003% (7d avg)−$3.65
Slippage, 4 orderslive order books−$95.67
Fee Binance bp × 2 orders−$10.00
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k−$121.83
Costs to cover1.177%Break-evennever at this rate
Slippage: Binance: live order book, 8 min ago; BloFin: live order book, 49 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance5.2427.8 bp−$28143.1 bp−$1,431doesn’t fitdoesn’t fit
SELL · SHORTBloFin2.6227.8 bp−$28117.7 bp−$1,177doesn’t fitdoesn’t fit
Closing costs about the same again.