Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against BloFin+0.090%71s7-day average +0.008% · 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—prices read too far apart to compare
costs, in and out, $10k−$870.867% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.090%, 7d avg +0.008%
=The price spread pays, funding is against you. Binance is 0.082% dearer against BloFin than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of +0.008%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. The two prices were read 71 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 | BloFin LPT-USDT | 1.6780 | 0.0122 | pay 0.0061% / 4h | 2h 38m | $190K | $32K | 50x |
| Short | Binance LPTUSDT | 1.6795 | 0.0100 | get 0.0050% / 4h | 2h 38m | $3.4M | $8.8M | 50x |
BloFin LPT-USDT
Binance LPTUSDTFunding 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
- −$4.69
- Price spread: +0.090% → +0.008%
- $8.17
- Slippage, 4 orders
- −$64.71
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$83.23
- Costs to cover
- 0.867%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 34 min ago; Binance: live order book, 1 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, 34 min ago | 8.77 bp | 16.8 bp −$17 | 42.4 bp −$424 | 424.4 bp −$42.4K | doesn't fit |
| Sell Binance live order book, 1 min ago | 2.98 bp | 22.8 bp −$23 | 76.4 bp −$764 | 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 | +0.0049% | 1h | 1.6783 | +0.018% | $43K | $84K | 25x | as long as short |
| Aster LPTUSDT | +0.0100% | 4h | 1.6774 | −0.035% | $1K | $17K | 5x | as long as short |
| Binance LPTUSDTshort | +0.0100% | 4h | 1.6795 | +0.090% | $3.4M | $8.8M | 50x | |
| Bybit LPTUSDT | +0.0100% | 4h | 1.6779 | −0.006% | $1.6M | $1.7M | 25x | as long as short |
| OKX LPT-USDT-SWAP | +0.0100% | 4h | 1.6780 | 0.000% | $1.4M | $2.6M | 20x | as long as short |
| Gate LPT_USDT | +0.0100% | 8h | 1.6780 | 0.000% | $222K | $833K | 50x | as long as short |
| MEXC LPT_USDT | +0.0100% | 4h | 1.6780 | 0.000% | $1.8M | $846K | 50x | as long as short |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.6770 | −0.060% | $312K | $155K | 50x | as long as short |
| Bitget LPTUSDT | +0.0100% | 4h | 1.6780 | 0.000% | $1.3M | $596K | 50x | as long as short |
| BingX LPT-USDT | +0.0100% | 4h | 1.6760 | −0.119% | — | $2.5M | — | 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 LPTUSDT
BingX LPT-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LPT | +0.0100% | 4h | 1.6881 | +0.603% | $6K | $3K | — | as long as short |
| BloFin LPT-USDTlong | +0.0122% | 4h | 1.6780 | long leg | $190K | $32K | 50x |
Variational Omni LPT