Funding you earn now, next payment 04:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.04 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against Binance−0.265%61s7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as 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−$710.709% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 3 days (all we have)+0.166%+$17 · spread now −0.265%, 7d avg −0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.228% cheaper against Binance than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.037%. The two prices were read 61 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 | Binance IOSTUSDT | 0.0009048 | −0.1689 | get 0.0844% / 4h | 2h 50m | $5.8M | $16.0M | 50x |
| Short | BloFin IOST-USDT | 0.0009024 | −0.1697 | pay 0.0848% / 4h | 2h 50m | $298K | $2.0M | 50x |
Binance IOSTUSDT
BloFin IOST-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
- −$1.64
- Price spread: −0.265% → −0.037%
- −$22.82
- Slippage, 4 orders
- −$48.94
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$95.39
- Costs to cover
- 0.709%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; BloFin: live order book, 3 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, 6 min ago | 1.67 bp | 16.3 bp −$16 | 47.9 bp −$479 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.56 bp | 21.4 bp −$21 | 57.1 bp −$571 | doesn't fit | doesn't fit |
IOST on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit IOSTUSDT | −0.3775% | 8h | 0.0009044 | −0.044% | $1.9M | $2.1M | 25x | as long as short |
| OKX IOST-USDT-SWAP | −0.1786% | 4h | 0.0009049 | +0.011% | $1.6M | $4.0M | 10x | as long as short |
| BloFin IOST-USDTshort | −0.1697% | 4h | 0.0009024 | −0.265% | $298K | $2.0M | 50x | |
| Binance IOSTUSDTlong | −0.1689% | 4h | 0.0009048 | long leg | $5.8M | $16.0M | 50x | |
| MEXC IOST_USDT | −0.1672% | 4h | 0.0009050 | +0.022% | $2.0M | $426K | 50x | as long as short |
| Bitget IOSTUSDT | −0.1496% | 4h | 0.0009039 | −0.099% | $640K | $2.1M | 25x | as long as short |
| Variational Omni IOST | −0.1003% | 8h | 0.0009028 | −0.220% | $10K | $6K | — | as long as short |
| Gate IOST_USDT | −0.0906% | 4h | 0.0009050 | +0.022% | $743K | $465K | 25x | as long as short |
| BingX IOST-USDT | −0.0574% | 4h | 0.0009050 | +0.022% | — | $2.5M | — | as long as short |
Bybit IOSTUSDT
OKX IOST-USDT-SWAP
MEXC IOST_USDT
Bitget IOSTUSDT
Variational Omni IOST
Gate IOST_USDT
BingX IOST-USDT