H

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h +0.005%

Price spread now: Binance against BloFin−0.142%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$136as in the Price arb table

costs, in and out, $10k−$1261.257% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 3 days (all we have)−0.310%−$31 · spread now −0.142%, 7d avg −0.044%

Together, before fees−0.312%−$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.099% cheaper against BloFin than usual: you would sell low and buy high (spread −0.142% now, against its 7-day average of −0.044%). If the spread goes back, that is −$10 on $10k: about 7.2 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 H-USDT	0.07026	0.0054	pay 0.0027% / 4h	54m 49s	$592K	$117K	25x
Short	Binance HUSDT	0.07016	0.0100	get 0.0050% / 4h	54m 49s	$15.1M	$10.5M	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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now −0.142%Rate

Funding earned: $9.56
Price spread: −0.142% → −0.044%: −$9.86
Slippage, 4 orders: −$103.7
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$126
Costs to cover: 1.257%
Break-even: 99.2 days

Slippage from BloFin: live order book, 21 min ago; Binance: live order book, 16 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, 21 min ago	2.89 bp	21.0 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	4.34 bp	35.6 bp −$36	199.8 bp −$1,998	doesn't fit	doesn't fit

H on 14 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−11.045%	$1K	$1	5.5x	as long as short
BloFin H-USDTlong	+0.0054%	4h	0.07026	long leg	$592K	$117K	25x
Aster HUSDT	+0.0100%	4h	0.07011	−0.209%	$116K	$53K	5x	as long as short
Binance HUSDTshort	+0.0100%	4h	0.07016	−0.142%	$15.1M	$10.5M	10x
Bybit HUSDT	+0.0100%	4h	0.07004	−0.312%	$7.6M	$4.6M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.07027	+0.014%	$1.7M	$5.8M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.07014	−0.171%	$2.9M	$1.8M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.07015	−0.157%	$6.3M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.07009	−0.242%	$1.6M	$10.1M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.07004	−0.313%	$1.7M	$446K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.07013	−0.185%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06997	−0.419%	$8K	$10K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.07008	−0.257%	$1.2M	$437K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.07014	−0.164%	$11K	$107K	5x	as long as short