Funding you earn now, next payment 04:00 UTC−0.0029%/8h= −3.2% APRnext payment −$0.15 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against Binance+0.024%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$860.858% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 3 days (all we have)−0.167%−$17 · spread now +0.024%, 7d avg −0.004%
=The price spread pays, funding is against you. BloFin is 0.029% dearer against Binance than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.004%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 7 days (−0.002% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LPTUSDT | 1.7196 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $3.6M | $10.6M | 50x |
| Short | BloFin LPT-USDT | 1.7200 | 0.0071 | get 0.0035% / 4h | 3h 40m | $204K | $26K | 50x |
Binance LPTUSDT
BloFin LPT-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
- −$6.09
- Price spread: +0.024% → −0.004%
- $2.85
- Slippage, 4 orders
- −$63.84
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$89.08
- Costs to cover
- 0.858%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; BloFin: live order book, 24 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, 14 min ago | 2.88 bp | 25.1 bp −$25 | 97.2 bp −$972 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 24 min ago | 2.89 bp | 27.3 bp −$27 | 70.2 bp −$702 | doesn't fit | doesn't fit |
LPT on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_LPTUSD | −0.0768% | 1h | 1.7212 | +0.093% | $47K | $104K | 25x | as long as short |
| BloFin LPT-USDTshort | +0.0071% | 4h | 1.7200 | +0.024% | $204K | $26K | 50x | |
| Aster LPTUSDT | +0.0100% | 4h | 1.7197 | +0.005% | $5K | $17K | 5x | as long as short |
| Binance LPTUSDTlong | +0.0100% | 4h | 1.7196 | long leg | $3.6M | $10.6M | 50x | |
| Bybit LPTUSDT | +0.0100% | 4h | 1.7199 | +0.019% | $1.8M | $1.9M | 25x | as long as short |
| OKX LPT-USDT-SWAP | +0.0100% | 4h | 1.7210 | +0.083% | $1.5M | $3.1M | 20x | as long as short |
| Gate LPT_USDT | +0.0100% | 8h | 1.7190 | −0.034% | $238K | $833K | 50x | as long as short |
| MEXC LPT_USDT | +0.0100% | 4h | 1.7190 | −0.034% | $2.0M | $943K | 50x | as long as short |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.7200 | +0.024% | $307K | $181K | 50x | as long as short |
| Bitget LPTUSDT | +0.0100% | 4h | 1.7200 | +0.024% | $1.4M | $807K | 50x | as long as short |
Kraken Futures PF_LPTUSD
Aster LPTUSDT
Bybit LPTUSDT
OKX LPT-USDT-SWAP
Gate LPT_USDT
MEXC LPT_USDT
KuCoin LPTUSDTM
Bitget LPTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LPT-USDT | +0.0100% | 4h | 1.7220 | +0.141% | — | $2.5M | — | as long as short |
| Variational Omni LPT | +0.0100% | 4h | 1.7204 | +0.047% | $6K | $3K | — | as long as short |
BingX LPT-USDT
Variational Omni LPT