Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.002%
Price spread now: Binance against BloFin−0.017%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$630.630% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)+0.215%+$21 · spread now −0.017%, 7d avg +0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.058% cheaper against BloFin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IOST-USDT | 0.0008951 | −0.2391 | get 0.1195% / 4h | 26m 36s | $295K | $2.0M | 50x |
| Short | Binance IOSTUSDT | 0.0008950 | −0.2385 | pay 0.1192% / 4h | 26m 36s | $5.8M | $16.2M | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1.29
- Price spread: −0.017% → +0.041%
- −$5.78
- Slippage, 4 orders
- −$40.96
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$67.46
- Costs to cover
- 0.630%
- Break-even
- 371.9 days
Slippage from BloFin: live order book, 6 min ago; Binance: live order book, 14 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, 6 min ago | 1.12 bp | 11.1 bp −$11 | 26.5 bp −$265 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.68 bp | 18.7 bp −$19 | 54.7 bp −$547 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX IOST-USDT-SWAP | −0.2972% | 4h | 0.0008940 | −0.123% | $1.5M | $4.1M | 10x | as long as short |
| Bybit IOSTUSDT | −0.2902% | 8h | 0.0008948 | −0.034% | $1.9M | $2.0M | 25x | as long as short |
| BloFin IOST-USDTlong | −0.2391% | 4h | 0.0008951 | long leg | $295K | $2.0M | 50x | |
| Binance IOSTUSDTshort | −0.2385% | 4h | 0.0008950 | −0.017% | $5.8M | $16.2M | 50x | |
| MEXC IOST_USDT | −0.2384% | 4h | 0.0008955 | +0.045% | $1.9M | $466K | 50x | as long as short |
| Bitget IOSTUSDT | −0.2190% | 4h | 0.0008952 | +0.011% | $662K | $2.3M | 25x | as long as short |
| Variational Omni IOST | −0.1949% | 8h | 0.0008931 | −0.224% | $10K | $5K | — | as long as short |
| Gate IOST_USDT | −0.1096% | 4h | 0.0008950 | −0.011% | $728K | $511K | 25x | as long as short |
| BingX IOST-USDT | −0.0838% | 4h | 0.0008954 | +0.034% | — | $2.4M | — | as long as short |
BloFin IOST-USDT
Binance IOSTUSDT
OKX IOST-USDT-SWAP
Bybit IOSTUSDT
MEXC IOST_USDT
Bitget IOSTUSDT
Variational Omni IOST
Gate IOST_USDT
BingX IOST-USDT