Funding you earn now, next payment 00:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Binance+0.115%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$730.730% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 3 days (all we have)−0.083%−$8 · spread now +0.115%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.084% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance IDUSDT | 0.03757 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $2.4M | $3.4M | 50x |
| Short | BloFin ID-USDT | 0.03761 | 0.0109 | get 0.0055% / 4h | 1h 53m | $162K | $11K | 50x |
Binance IDUSDT
BloFin ID-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $1.97
- Price spread: +0.115% → +0.031%
- $8.45
- Slippage, 4 orders
- −$50.99
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$62.57
- Costs to cover
- 0.730%
- Break-even
- 229.9 days
Slippage from Binance: live order book, 13 min ago; BloFin: live order book, 21 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 Binance live order book, 13 min ago | 1.34 bp | 17.3 bp −$17 | 99.9 bp −$999 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 21 min ago | 2.68 bp | 15.5 bp −$16 | 48.3 bp −$483 | doesn't fit | doesn't fit |
ID 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IDUSDT | +0.0100% | 4h | 0.03765 | +0.216% | $9K | $2K | 5x | as long as short |
| Binance IDUSDTlong | +0.0100% | 4h | 0.03757 | long leg | $2.4M | $3.4M | 50x | |
| Bybit IDUSDT | +0.0100% | 8h | 0.03762 | +0.142% | $1.4M | $1.0M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03760 | +0.089% | $254K | $234K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03756 | −0.018% | $361K | $142K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03764 | +0.195% | $1.1M | $61K | 30x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03762 | +0.142% | $780K | $571K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03764 | +0.195% | — | $2.3M | — | as long as short |
| Variational Omni ID | +0.0100% | 8h | 0.03762 | +0.147% | $12K | $20K | — | as long as short |
| BloFin ID-USDTshort | +0.0109% | 4h | 0.03761 | +0.115% | $162K | $11K | 50x |
Aster IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Bitget IDUSDT
BingX ID-USDT
Variational Omni IDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSD | +0.0407% | 1h | 0.03757 | −0.002% | $4K | $2K | 10x | as long as short |
Kraken Futures PF_IDUSD