Funding you earn now, next payment 08:00 UTC−0.0041%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin−0.098%51s7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as 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−$870.866% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.268%+$27 · spread now −0.098%, 7d avg −0.032%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.066% cheaper against BloFin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.032%). Swap the legs. The two prices were read 51 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 HOME-USDT | 0.006937 | 0.0141 | pay 0.0070% / 4h | 3h 30m | $294K | $26K | 50x |
| Short | Binance HOMEUSDT | 0.006930 | 0.0100 | get 0.0050% / 4h | 3h 30m | $4.8M | $10.6M | 50x |
BloFin HOME-USDT
Binance HOMEUSDTFunding 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
- −$8.52
- Price spread: −0.098% → −0.032%
- −$6.57
- Slippage, 4 orders
- −$64.57
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$101.66
- Costs to cover
- 0.866%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 64 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, 64 min ago | 2.19 bp | 15.8 bp −$16 | 81.0 bp −$810 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.72 bp | 22.6 bp −$23 | 142.8 bp −$1,428 | doesn't fit | doesn't fit |
HOME 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX HOME-USDT | +0.0070% | 4h | 0.006937 | 0.000% | — | $6.6M | — | as long as short |
| Aster HOMEUSDT | +0.0100% | 4h | 0.006934 | −0.045% | $51K | $47K | 5x | as long as short |
| Binance HOMEUSDTshort | +0.0100% | 4h | 0.006930 | −0.098% | $4.8M | $10.6M | 50x | |
| Bybit HOMEUSDT | +0.0100% | 4h | 0.006934 | −0.043% | $3.2M | $3.7M | 25x | as long as short |
| Gate HOME_USDT | +0.0100% | 4h | 0.006930 | −0.101% | $494K | $1.5M | 75x | as long as short |
| KuCoin HOMEUSDTM | +0.0100% | 4h | 0.006936 | −0.014% | $2.9M | $136K | 30x | as long as short |
| Bitget HOMEUSDT | +0.0100% | 4h | 0.006938 | +0.014% | $1.2M | $1.2M | 20x | as long as short |
| Variational Omni HOME | +0.0100% | 4h | 0.006942 | +0.076% | $7K | $2K | — | as long as short |
| BloFin HOME-USDTlong | +0.0141% | 4h | 0.006937 | long leg | $294K | $26K | 50x | |
| MEXC HOME_USDT | +0.0254% | 4h | 0.006932 | −0.072% | $413K | $150K | 20x | as long as short |
BingX HOME-USDT
Aster HOMEUSDT
Bybit HOMEUSDT
Gate HOME_USDT
KuCoin HOMEUSDTM
Bitget HOMEUSDT
Variational Omni HOME
MEXC HOME_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX HOME-USDT-SWAP | +0.0493% | 4h | 0.006946 | +0.130% | $1.8M | $5.5M | 20x | as long as short |
OKX HOME-USDT-SWAP