Funding you earn now, next payment 08:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.070%
Price spread now: BloFin against Binance−0.241%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$1881.875% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)+0.185%+$19 · spread now −0.241%, 7d avg +0.028%
=Funding pays, the price is against you. BloFin is 0.269% cheaper against Binance than usual: you would sell low and buy high (spread −0.241% now, against its 7-day average of +0.028%). If the spread goes back, that is −$27 on $10k: about 3.7 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.066% in total) that is about 29 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.066% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance LYNUSDT | 0.04152 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $6.5M | $9.1M | 10x |
| Short | BloFin LYN-USDT | 0.04142 | 0.0340 | get 0.0170% / 4h | 2h 38m | $418K | $14K | 20x |
Binance LYNUSDT
BloFin LYN-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
- $50.4
- Price spread: −0.241% → +0.028%
- −$26.85
- Slippage, 4 orders
- −$165.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$163.96
- Costs to cover
- 1.875%
- Break-even
- 29.8 days
Slippage from Binance: live order book, 1 min ago; BloFin: live order book, 52 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, 1 min ago | 3.62 bp | 57.3 bp −$57 | 212.6 bp −$2,126 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 52 min ago | 6.07 bp | 62.2 bp −$62 | 168.1 bp −$1,681 | doesn't fit | doesn't fit |
LYN on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LYNUSDT | +0.0100% | 4h | 0.04158 | +0.155% | $25K | $27K | 5x | as long as short |
| Binance LYNUSDTlong | +0.0100% | 4h | 0.04152 | long leg | $6.5M | $9.1M | 10x | |
| Gate LYN_USDT | +0.0100% | 4h | 0.04164 | +0.289% | $284K | $248K | 25x | as long as short |
| MEXC LYN_USDT | +0.0100% | 4h | 0.04149 | −0.072% | $1.2M | $433K | 50x | as long as short |
| KuCoin LYNUSDTM | +0.0100% | 4h | 0.04152 | 0.000% | $1.2M | $163K | 10x | as long as short |
| Extended LYN-USD | +0.0104% | 1h | 0.04148 | −0.095% | $5K | $229K | 5x | as long as short |
| Bitget LYNUSDT | +0.0222% | 4h | 0.04168 | +0.385% | $1.8M | $670K | 10x | as long as short |
| BloFin LYN-USDTshort | +0.0340% | 4h | 0.04142 | −0.241% | $418K | $14K | 20x | |
| Bybit LYNUSDT | +0.1303% | 4h | 0.04164 | +0.289% | $2.0M | $2.2M | 25x | as long as short |
| BingX LYN-USDT | +0.1406% | 4h | 0.04162 | +0.241% | — | $6.7M | — | as long as short |
Aster LYNUSDT
Gate LYN_USDT
MEXC LYN_USDT
KuCoin LYNUSDTM
Extended LYN-USD
Bitget LYNUSDT
Bybit LYNUSDT
BingX LYN-USDT