Funding you earn now, next payment 04:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against BloFin+1.277%7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs+$54as in the Price arb table
costs, in and out, $10k−$820.819% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 3 days (all we have)−1.622%−$162 · spread now +1.277%, 7d avg −0.082%
=The price spread pays, funding is against you. Binance is 1.358% dearer against BloFin than usual: you sell high and buy low (spread +1.277% now, against its 7-day average of −0.082%): +$136 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GENIUS-USDT | 0.3729 | 0.0137 | pay 0.0068% / 4h | 3h 16m | $495K | $23K | 50x |
| Short | Binance GENIUSUSDT | 0.3777 | 0.0100 | get 0.0050% / 4h | 3h 16m | $9.3M | $18.3M | 50x |
BloFin GENIUS-USDT
Binance GENIUSUSDTFunding 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
- −$7.74
- Price spread: +1.277% → −0.082%
- $135.83
- Slippage, 4 orders
- −$59.88
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $46.21
- Costs to cover
- 0.819%
- Break-even
- from the start
Slippage from BloFin: live order book, 54 min ago; Binance: live order book, 9 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, 54 min ago | 1.39 bp | 18.1 bp −$18 | 80.8 bp −$808 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.38 bp | 11.8 bp −$12 | 89.5 bp −$895 | 635.6 bp −$63.6K | doesn't fit |
GENIUS 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GENIUSUSDTshort | +0.0100% | 4h | 0.3777 | +1.277% | $9.3M | $18.3M | 50x | |
| Bybit GENIUSUSDT | +0.0100% | 4h | 0.3759 | +0.805% | $1.7M | $2.4M | 25x | as long as short |
| Gate GENIUS_USDT | +0.0100% | 4h | 0.3784 | +1.475% | $263K | $486K | 20x | as long as short |
| MEXC GENIUS_USDT | +0.0100% | 4h | 0.3788 | +1.582% | $545K | $333K | 20x | as long as short |
| KuCoin GENIUSUSDTM | +0.0100% | 4h | 0.3704 | −0.668% | $573K | $1.8M | 20x | as long as short |
| Bitget GENIUSUSDT | +0.0100% | 4h | 0.3793 | +1.716% | $806K | $1.2M | 20x | as long as short |
| BingX GENIUS-USDT | +0.0100% | 4h | 0.3794 | +1.743% | — | $1.7M | — | as long as short |
| Variational Omni GENIUS | +0.0100% | 4h | 0.3606 | −3.301% | $95K | $106K | — | as long as short |
| SunX GENIUS-USDT | +0.0100% | 4h | 0.3694 | −0.939% | $2K | $554K | 20x | as long as short |
| Extended GENIUS-USD | +0.0104% | 1h | 0.3710 | −0.521% | $4K | $181K | 5x | as long as short |
Bybit GENIUSUSDT
Gate GENIUS_USDT
MEXC GENIUS_USDT
KuCoin GENIUSUSDTM
Bitget GENIUSUSDT
BingX GENIUS-USDT
Variational Omni GENIUS
SunX GENIUS-USDT
Extended GENIUS-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin GENIUS-USDTlong | +0.0137% | 4h | 0.3729 | long leg | $495K | $23K | 50x | |
| Aster GENIUSUSDT | +0.0481% | 4h | 0.3777 | +1.287% | $272K | $532K | 20x | as long as short |
Aster GENIUSUSDT