Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.03679 | +0.0100 | pay 0.0050% / 4h | 1h 01m | $1.3M | $2.1M | 50x | Long Binance | |
| SHORT | 0.03680 | +0.0058 | get 0.0029% / 4h | 1h 01m | $120K | $3K | 50x | Short BloFin |
Price gap+0.027%110s
Funding gap−0.0042% /8h
Funding costs $1 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0−0.0042% /8h now · paid 0.000% over the last 7D
Price—spread +0.027%110s now · prices read too far apart to compare
Costs−$930.930% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.027%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hLUNA on 14 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size16.9 / 26.8 bpAt $10k entering BloFin costs 26.8 bp, fee and slippage, 1.6× Binance’s.
- Note: Margin at max leverage$200 + $200Binance 50x, BloFin 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.27Long Binance: 6 payments, −$3.00; short BloFin: 6 payments, +$1.73.
- Watch: Prices read 110 s apart+0.027% vs +0.008%Part of this gap may be the market moving.
- Watch: Short leg is thinner$120K vs $1.3M OIBloFin sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · BloFin LimitedVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods−$0.01
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$70.98
Fee Binance bp × 2 orders−$10.00
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k−$92.99
price spread not counted: prices read too far apartCosts to cover0.930%Break-evennever at this rate
Slippage: Binance: live order book, 6 min ago; BloFin: live order book, 37 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance4.0916.9 bp−$1774.4 bp−$744doesn’t fitdoesn’t fit
SELL · SHORTBloFin2.7126.8 bp−$2771.5 bp−$715doesn’t fitdoesn’t fit
Closing costs about the same again.