Funding you earn now, next payment 04:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against BloFin−0.179%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$760.761% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.407%−$41 · spread now −0.179%, 7d avg −0.042%
=Funding pays, the price is against you. Binance is 0.137% cheaper against BloFin than usual: you would sell low and buy high (spread −0.179% now, against its 7-day average of −0.042%). If the spread goes back, that is −$14 on $10k: about 19 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FORM-USDT | 0.3253 | 0.0076 | pay 0.0038% / 4h | 52m 47s | $980K | $381K | 50x |
| Short | Binance FORMUSDT | 0.3247 | 0.0100 | get 0.0050% / 4h | 52m 47s | $17.0M | $161.0M | 50x |
BloFin FORM-USDT
Binance FORMUSDTFunding 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
- $4.96
- Price spread: −0.179% → −0.042%
- −$13.67
- Slippage, 4 orders
- −$54.08
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$84.79
- Costs to cover
- 0.761%
- Break-even
- 126.7 days
Slippage from BloFin: live order book, 4 min ago; Binance: live order book, 5 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 | 10.68 bp | 22.3 bp −$22 | 70.4 bp −$704 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 3.05 bp | 17.0 bp −$17 | 53.2 bp −$532 | 396.5 bp −$39.6K | doesn't fit |
FORM on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) FORM/USD | L −0.0007% / S +0.0008% | 1h | 0.3254 | +0.035% | — | — | — | as long as short |
| BloFin FORM-USDTlong | +0.0076% | 4h | 0.3253 | long leg | $980K | $381K | 50x | |
| Aster FORMUSDT | +0.0100% | 4h | 0.3246 | −0.215% | $41K | $952K | 5x | as long as short |
| Binance FORMUSDTshort | +0.0100% | 4h | 0.3247 | −0.179% | $17.0M | $161.0M | 50x | |
| Gate FORM_USDT | +0.0100% | 4h | 0.3248 | −0.154% | $699K | $4.8M | 50x | as long as short |
| MEXC FORM_USDT | +0.0100% | 4h | 0.3245 | −0.246% | $1.6M | $9.3M | 100x | as long as short |
| Bitget FORMUSDT | +0.0100% | 4h | 0.3244 | −0.277% | $1.1M | $9.7M | 50x | as long as short |
| KuCoin FORMUSDTM | +0.0256% | 4h | 0.3249 | −0.123% | $341K | $1.4M | 30x | as long as short |
| BingX FORM-USDT | +0.0412% | 4h | 0.3247 | −0.184% | — | $3.8M | — | as long as short |
| Bybit FORMUSDT | +0.0434% | 4h | 0.3245 | −0.237% | $2.1M | $13.4M | 20x | as long as short |
gTrade (Gains Network) FORM/USD
Aster FORMUSDT
Gate FORM_USDT
MEXC FORM_USDT
Bitget FORMUSDT
KuCoin FORMUSDTM
BingX FORM-USDT
Bybit FORMUSDT