Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.056%
Price spread now: Binance against BloFin−0.214%71s7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as 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−$1661.663% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.278%+$28 · spread now −0.214%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.190% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.024%). Swap the legs. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.053% in total (about -2.8% 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 | BloFin LYN-USDT | 0.04084 | 0.0340 | pay 0.0170% / 4h | 27m 58s | $413K | $12K | 20x |
| Short | Binance LYNUSDT | 0.04075 | 0.0100 | get 0.0050% / 4h | 27m 58s | $6.4M | $8.6M | 10x |
BloFin LYN-USDT
Binance LYNUSDTFunding 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
- −$50.4
- Price spread: −0.214% → −0.024%
- −$19.03
- Slippage, 4 orders
- −$144.35
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$235.78
- Costs to cover
- 1.663%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 8 min ago; Binance: live order book, 11 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, 8 min ago | 16.07 bp | 31.2 bp −$31 | 112.2 bp −$1,122 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 6.21 bp | 38.0 bp −$38 | 196.1 bp −$1,961 | 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 | 0.04081 | −0.078% | $25K | $25K | 5x | as long as short |
| Binance LYNUSDTshort | +0.0100% | 4h | 0.04075 | −0.214% | $6.4M | $8.6M | 10x | |
| Gate LYN_USDT | +0.0100% | 4h | 0.04086 | +0.049% | $281K | $232K | 25x | as long as short |
| MEXC LYN_USDT | +0.0100% | 4h | 0.04074 | −0.245% | $1.2M | $425K | 50x | as long as short |
| KuCoin LYNUSDTM | +0.0100% | 4h | 0.04089 | +0.122% | $1.2M | $162K | 10x | as long as short |
| Extended LYN-USD | +0.0104% | 1h | 0.04074 | −0.242% | $5K | $162K | 5x | as long as short |
| Bitget LYNUSDT | +0.0256% | 4h | 0.04097 | +0.318% | $1.8M | $595K | 10x | as long as short |
| BloFin LYN-USDTlong | +0.0340% | 4h | 0.04084 | long leg | $413K | $12K | 20x | |
| BingX LYN-USDT | +0.0720% | 4h | 0.04082 | −0.049% | — | $6.6M | — | as long as short |
| Bybit LYNUSDT | +0.0737% | 4h | 0.04086 | +0.049% | $1.9M | $2.0M | 25x | as long as short |
Aster LYNUSDT
Gate LYN_USDT
MEXC LYN_USDT
KuCoin LYNUSDTM
Extended LYN-USD
Bitget LYNUSDT
BingX LYN-USDT
Bybit LYNUSDT