Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.27 per $10,000 · paid last 24h +0.074%
Price spread now: Binance against BloFin−0.053%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1361.355% of the position
Funding, last 7 days+0.258%+$26 on $10k
+Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.053%, 7d avg +0.004%
=Funding pays, the price is against you. Binance is 0.057% cheaper against BloFin than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of +0.004%). If the spread goes back, that is −$6 on $10k: about 3.5 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.258% in total) that is about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin JELLYJELLY-USDT | 0.05666 | 0.0096 | pay 0.0048% / 4h | 58m 35s | $270K | $16K | 20x |
| Short | Binance JELLYJELLYUSDT | 0.05663 | 0.0150 | get 0.0075% / 4h | 58m 35s | $4.4M | $1.7M | 25x |
BloFin JELLYJELLY-USDT
Binance JELLYJELLYUSDTFunding 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
- $11.35
- Price spread: −0.053% → +0.004%
- −$5.72
- Slippage, 4 orders
- −$113.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$129.9
- Costs to cover
- 1.355%
- Break-even
- 87.1 days
Slippage from BloFin: live order book, 13 min ago; Binance: live order book, 8 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, 13 min ago | 5.30 bp | 27.6 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.88 bp | 32.6 bp −$33 | 321.5 bp −$3,215 | doesn't fit | doesn't fit |
JELLYJELLY 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin JELLYJELLY-USDTlong | +0.0096% | 4h | 0.05666 | long leg | $270K | $16K | 20x | |
| Bybit JELLYJELLYUSDT | +0.0100% | 4h | 0.05662 | −0.064% | $2.4M | $1.1M | 20x | as long as short |
| OKX JELLYJELLY-USDT-SWAP | +0.0100% | 4h | 0.05650 | −0.282% | $1.3M | $468K | 10x | as long as short |
| Gate JELLYJELLY_USDT | +0.0100% | 4h | 0.05657 | −0.159% | $2.4M | $137K | 20x | as long as short |
| Aster JELLYJELLYUSDT | +0.0149% | 4h | 0.05664 | −0.036% | $36K | $12K | 5x | as long as short |
| Binance JELLYJELLYUSDTshort | +0.0150% | 4h | 0.05663 | −0.053% | $4.4M | $1.7M | 25x | |
| MEXC JELLYJELLY_USDT | +0.0158% | 4h | 0.05662 | −0.071% | $433K | $146K | 20x | as long as short |
| Extended JELLYJELLY-USD | +0.0160% | 1h | 0.05661 | −0.083% | $5K | $179K | 5x | as long as short |
| KuCoin JELLYJELLYUSDTM | +0.0710% | 4h | 0.05663 | −0.056% | $8.2M | $1.3M | 20x | as long as short |
Bybit JELLYJELLYUSDT
OKX JELLYJELLY-USDT-SWAP
Gate JELLYJELLY_USDT
Aster JELLYJELLYUSDT
MEXC JELLYJELLY_USDT
Extended JELLYJELLY-USD
KuCoin JELLYJELLYUSDTM